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Grau: Oil industry critical to Ventura County economy

By   /   Friday, June 12th, 2020  /   Comments Off on Grau: Oil industry critical to Ventura County economy

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By David Grau Gov. Gavin Newsom recently announced a $54 billion state budget deficit resulting from the pandemic-induced statewide shutdown. According to the Department of Finance, the state is facing the worst budget gap since the Great Recession. The shortfall is almost 37 percent of the current $147.8 billion general fund budget, and widespread program…

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