Frack or Fiction offers recommendations to the California Department of Oil, Gas, and Geothermal Resources on its draft regulation for hydraulic fracturing (fracking) released in December 2012. The report also includes an overview of technological, environmental, and policy issues. California’s Monterey shale formation is estimated to represent 64 percent of recoverable U.S. Shale Oil. Energy Innovation’s Director of Research, Chris Busch, concludes that the draft regulation needs significant improvements if resource development in this region is to be done responsibly.