The modern world cannot survive and thrive without a productive petroleum industry
With new oil regulations being passed in California and the number of idle wells increasing in the state, top oil companies are started to sell assets and pull out.
California is a state rich in natural resources, which is why it has been such a draw to oil companies for the past two hundred years. But now that tide is changing. Oil and gas companies are starting to make the news regularly as they steadily pull out of the golden state.
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