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Report highlights oil's large, but smaller, economic benefits

Summary by The Bakersfield Californian
Despite ever-higher regulatory hurdles and waves of production layoffs, California's oil industry continues to make big contributions to the state's economy, employment and tax revenue, according to a new report expected to be presented to Sacramento lawmakers.

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The Bakersfield Californian broke the news in Bakersfield, United States on Wednesday, March 19, 2025.
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