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California looking to reduce dependence on oil with tougher regulations

03:05 Min

California is the seventh largest producer of oil in the United States, and oil and gas companies there have a long history in the region. But as it seeks to reduce its dependence on oil - and enacts tougher regulations - the state's oil regions face an uncertain future. Ira Spitzer reports.

California is the seventh largest producer of oil in the United States, and oil and gas companies there have a long history in the region. But as it seeks to reduce its dependence on oil - and enacts tougher regulations - the state's oil regions face an uncertain future. Ira Spitzer reports.

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