Whittier hopes to profit from oil from land preserved with taxpayer funds
Wednesday, October 6, 2010 - 20:21
in Mathematics & Economics
L.A. County also wants to get in on the potential plan for a Santa Barbara oil company to put up to 52 wells on land in open space bought using Proposition A funds. Conservationists are saying 'Not so fast' to both.A small city that used Los Angeles County tax dollars to buy a verdant stretch of the Whittier Hills to keep it out of the hands of oil companies now wants to profit from a plan to pump at least 1,000 barrels of crude a day on the same property.