Oil and gas output in California has declined as the industry faces increasing regulatory and market headwinds. However, California remains a major oil and gas producing jurisdiction at the present. California is the seventh-largest producer of crude oil in the United States and contains the fifth-largest crude oil reserves.
Joshua L. Baker & Ryan Mahoney,
Tex. A&M J. Prop. L.
Available at: https://doi.org/10.37419/JPL.V7.I3.4