The $128 Million Man

Press TelegramJuly 27, 2008

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Summary


Residents of the Santa Barbara County hamlet of Casmalia are often treated to the sights and sounds of missiles launched from nearby Vandenberg Air Force Base.

But something else has begun rocketing skyward in Casmalia: the prices charged by Casmite Corp., the small local water company that's owned by oil giant Chevron Texaco. Water rates will be going up 89.73 percent over the next three years for the fewer than 200 residents of Casmalia, which is also afflicted by a major hazardous waste dump that has been the target of cleanup efforts by the Environmental Protection Agency since 1992.

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Extract


The $128 Million Man

Why should anyone else care about water rates in tiny Casmalia? Because they just might be one of the most recent manifestations of a principle set forth by Arnold Schwarzenegger when he began his run...

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