From CA State Controller, Steve Westly's
blog:
Last week, Senator Dianne Feinstein joined Controller Westly in requesting a federal investigation into the loss of oil and gas royalties for California's schools and children. The State Controller's Office discovered that California receives far less oil and gas royalties than states east of the Rockies. In California, most revenues from State trust lands go to public schools, prompting Controller Westly's concern and action. The State Controller also has a pending lawsuit against the Bush administration for other oil and gas royalty reductions that help large corporations but hurt our schools.
This could save California's schools tens of millions over the next 10 years.