Tuesday, June 25, 2013

Hermosa Beach City Council Must Agendize Their "Oil Neutrality" Closed Session Agreement To Avoid Brown Act Violations

See Howard Longacre's letter to the City Council received and filed on the June 24 meeting.

Friday, June 14, 2013

Why Are Home Prices Dropping in Hermosa Beach?

Hermosa Beach, Manhattan Beach, Redondo Beach & El Segundo 
Condo Townhomes Average Price Per Sale & Sold 
(Click Image to Enlarge)

Hermosa Beach, Manhattan Beach, Redondo Beach & El Segundo 
Single Family Home Average Price Per Sale & Sold 
(Click Image to Enlarge)

E&B has been making their rounds presenting to local real estate groups over the past week about the economic benefits of oil drilling in our Beach town. They will spew a truck load of BS and have already costs Hermosa Beach property owners about approximately $343M in aggregate real estate wealth in the first 15 months of being in town.  Here is the math = (7000 parcels x $980,000 avg. per parcel) -5% decrease to be conservative. The last 12 months have seen a sharp spike in home prices everywhere in the South Bay but Hermosa Beach.

Unfortunately, the Stop of Hermosa Beach group has not been invited to present the other side of the oil story. If you ask anyone from E&B if slant hydraulic oil drilling can be done safely near the thousands of abandoned wells in the South Bay, E&B will lie and refer to studies or experts. However, ask any other experienced oil executive and they will tell you that E&B is nuts to hydraulic drill with capped wells under homes nearby.

Slant hydraulic drilling cannot be done safely with abandoned wells under homes and schools. Ask E&B if they plan to cover abandoned wells in the EIR? It won't because Marine Research has no experience with with their failed EIR's for Whittier Hills and Baldwin Hills. If they cover how to mitigate an abandoned well becoming pressurized in the EIR it will kill the whole project and E&B knows this. This is also a fact!  

Tuesday, June 11, 2013

Slant Oil Drilling Cannot Be Done Safely Near Abandoned Oil Wells Under Homes & Schools

The Biggest Failure of Marine Research's EIR for Whittier Hills

Abandoned Oil Wells Can Blowout Under Homes
See Doggr

Marine Research EIR consultant (hired by Hermosa Beach City Council for $800,000) failed to analyze the safety impact of slant drilling near abandoned wells in the EIR for Whittier Hills. (see video below) There is little chance that E&B will acknowledge the abandoned wells in Hermosa Beach, Redondo Beach or Manhattan Beach either.  Experts in the oil industry say the integrity of these capped or plugged wells under homes can only be trusted for around 30 years.  Many of these wells were capped 40+ years ago.  There is no way for E&B to mitigate the risk of an abandoned well blowout under a home, in the ocean or near a school. This is a massive issue for South Bay and urge you to watch this video and send it to your friends.  

This 1 of the 6 "Myths of the Whittier Hills Main Field Oil Project". . The Video Comments presented to the Whittier City Council Meeting by Open Space Legal Defense Fund. The EIR was done by Marine Research which failed to address these problems.  Marine Research is also doing the EIR for Hermosa Beach.

Read this news article: Whittier Hills oil project stopped by a Superior Court Judge last week. You won't read in the article but the Marine Research EIR failed in court say my sources in Whittier Hills.
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