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By law, California high speed rail may be doomed to fail

By |2018-12-04T17:13:06-05:00December 4th, 2018|Economy|

By Ronald Stein It has been 10 years since passage of California Proposition 1A the High-Speed Rail Act that approved the $9.95 billion bond, a down payment on a high-speed rail project that was optimistically estimated by proponents at that time to cost $40 billion. Today, the California high-speed rail cost may approach $100 billion. Public enthusiasm is obviously dwindling.

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California supports “Big Oil” — So long as it’s foreign

By |2018-11-02T14:01:40-04:00November 2nd, 2018|Energy|

By Ronald Stein California is home to the largest crude oil reserves in America, but the States’ choice to not drill for that oil requires in-state manufacturers to “export” billions of dollars annually to oil rich foreign countries to import their oil to meet the state’s energy demands.

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Refineries are the MVP’s of the economy

By |2018-10-25T22:08:38-04:00October 26th, 2018|Energy|

By Ronald Stein Closing ANY refinery in California or nationwide would result in a PERMANENT hit to the economy and increased emissions from foreign suppliers.

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