Detailed text transcripts for TV channel - FOXNEWS - 2013051

Detailed text transcripts for TV channel - FOXNEWS - 20130512:10:49:00

regulatory burden in the country. there was study that was done when i was in legislature. i served there for six years. average small business in california pays about $134,000 per year in regulatory compliance costs. that is what the burden of government does for the golden state. >> tucker: one of the reasons that texas is booming is energy, were in the midst of a energy boom. california could participate in that boom but they haven't so far because they may have about two-thirds of nation's shale oil underneath land in the center of the state but they can't get to it because of political prohibitions against it? >> this is absolutely correct. what is happening in california, they want to regulate the oil before it comes out of ground. there has been a move afoot to curtail or even prevent fracking what is the technology which has

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