California Governor Arnold Schwarzenegger stated that he will no longer support a plan for offshore oil drilling from the massive oil spill in the Gulf of Mexico.
California was pushing to proposed drilling project in the Pacific Ocean off of the Santa Barbara coast. California was looking for a way to offset a $20 billion dollar budget deficit.
Offshore drilling would have been a way to close that gap. California had predicted that the new offshore drilling would have generated as much as $100 million dollars a year in state revenue.
What convinced Schwarzenegger to change his mind was the impact the spill in the gulf is having on the environment, economy and wildlife. The State of California has had no offshore drilling in 40 years according to the San Francisco Chronicle.
The opinions expressed in this commentary
article are solely those of Michael Coker