California Oil Industry Set to Explode

Jeff Siegel

Written By Jeff Siegel

Posted July 24, 2013

First Solar (NASDAQ:FSLR) Lands New Deal

First Solar (NASDAQ:FSLR) has been tapped by the Public Service Company of New Mexico to build 23 megawatts of solar power plants. There will be three in total. If approved by the New Mexico Public Regulation Commission, construction will be and be completed in 2014. 300 local construction jobs are expected from this project. The stock is up about 2 percent in pre-market.

Get Ready for the Next California Oil Rush

The steady decline of California’s oil production has been painful to watch. In fact, the Golden State’s oil industry has only managed to increase its annual production three times over the last 28 years.

Believe me, nobody else in this country could use some good news more than California’s oil industry.

Well, they just might get their wish. Because for the first time ever, the state may be on the verge of turning things around. And if you’re smart, you’ll get a piece of this action early, before every trend-chaser on Wall Street jumps on. Read more here.

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