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California Governor Schwarzenegger proposes to help fill California's $19 bilion budget hole by extending new oil drilling leases off the coast of Santa Barbara, but the leases only $100 million this year. But, he refuses to tax extant oil drilling, which would net $1 billion, 1/19th of the shortfall, this year.
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www.examiner.com/examiner/x-8257-SF-Energy-Policy-Examine...