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Pumped about drilling-Oil town of Taft still stuggling, but rising prices fuel hope »

Posted by: cowboygrandpa 1 month, 1 week ago

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The oil men are starting to drill again now that oil prices have risen. They see the higher prices as a reason to start drilling again. It's all about the money. It always has been and always will be. "Folks are making big money around the oil patch" said Les Clark. A spokesman for the independent Oil Producers Ageny.

Read Full Story at latimes.com

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Comments So Far: 41
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    cowboygrandpa1 month, 1 week ago

    Try this link, the original link has changed.

    http://articles.latimes.com/2008/jul/01/local/m...

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      cowboygrandpa1 month, 1 week ago

      I used to haul safety absorbent from the Panamint mine in Maricopa Ca. I remember Taft as being pretty busy in the 60's and 70's.

      Small towns as I remember. Good hard working people.

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        MRCOFFEECAKE1 month, 1 week ago

        There are many here who understand that to those with wealth, money is more important than patriotism, but they can use their money to buy patriotic propaganda.. The minority here are just fools doing their bidding for free...at their own expense...

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        bluetexasvalley1 month, 1 week ago

        Gee, Cowboygrandpa, this story can't be right. I heard from the Propellerheads with superior knowledge that the only place left in the whole U.S. with drillable oil was in ANWR and offshore. ;-)

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      DarkWizard1 month, 1 week ago

      Thank you for the invite cowboygrandpa. A very telling story of how skewed things have become from making a living to trying to survive.

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        MRCOFFEECAKE1 month, 1 week ago

        That is what destroyed Egypt, Persia, Greece, Rome, China, and many empires before them. Why can't mankind learn to strike a reasonable balance?.. Money is like a drug. They never know when too much will kill them, but they don't care, they keep wanting more.

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          lfergie8121 month, 1 week ago

          Vicious cycle. Money creates power. Power corrupts people. People kill for money.

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          ML20071 month, 1 week ago

          Actually, the natives of Taft seem to have a handle on things. They have been through oil booms before, and don't seem to be overdoing anything. When oil prices shoot up this high, stripper wells begin to have a premium. The stripper well industry does not affect the overall world supply that much, but it will have some effect. Good luck in Taft.

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            TheRealizer1 month, 1 week ago

            It is to be hoped that the working class in this country has come to the conclusion that the powers that be are not on your side. Taxpayer monies that should be used to bolster our economy are being diverted to the good old boys on Wall Street, and being used to Build Empire for the same people.

            I am concerned about the future stability of the food transportation system, if it goes down most cities have at best 48 hours of grocery supplies, things could get interesting!!!!

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            ciera-marie1 month, 1 week ago

            Thanks for submitting this CBG. People forget or don't want to know just how dirty oil really is. If people really know how much oil polluted the oceans when the tankers are cleaned out they'd be ill. Maybe things would then change. I don't know. People need to see what happens in oil towns once they stop pumping. Not that different from coal mining towns.

            Time to start, really start, looking at the alternatives. Yeah some of them don't work as well as we thought. So what, we keep going until we get it right.

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              cowboygrandpa1 month, 1 week ago

              C M:

              You are quite welcome. How have you been?

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              chevydog1 month, 1 week ago

              Yeah, this sounds like more than a few coal towns back where I came from in PA. Places like Shennandoah, Mahanoy City, Tamaqua, and others. When fuel styles change, and the companies looking for them leave or go under, large chunks of jobs leave as well. A community can live off of itelf for a while (service economy), but in the long run this doesn't work too well. One needs something to bring in money from outside the local area to offset the ineveitable money "leaks" for loans, etc.

              Not too far from here over in IL, the farms are dotted with old oil wells. Some of them are pumping again because of the higher prices. But the volumes are low, and they don't bring in much money.

              Unbridled capitalism certainly gives us some ugly stuff in resource-rich areas. But I'm not sure whether any of it is as destructive as people from somewhere else deciding whether you've go a way of life or not. Oh well.

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              Justice4All1 month, 1 week ago

              The article should mention that Taft has a large prison nearby which is the main reason the people who work there want to live somewhere else.

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                lloydm651 month, 1 week ago

                Hey cowboygrandpa, You sure throw a wide loop describing all the the problems caused by Bush.I bought my home in 1980

                I made sure I could afford it,my intrest rate was 10.5%, thank you president Carter,I was able to refinance later to a lower rate.What I didn't do was to buy more house than I could afford,or refinance with cash out.Now if you know the folks across this nation,and all the circumstances concerning their plight,tell us about it.Other wise shorten your comments to,I was told by my party in 2000 to hate Bush

                and again in 2004 when they ran another slug.Thats a lot of hate.

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                  cowboygrandpa1 month, 1 week ago

                  lloydm65:

                  Well, first off. I don't hate Bush, I hate his actions and behavior.

                  Secondly, don't ever try to tell me what to do!!!!! You are not my leader or voice of conscious.

                  You are more than welcome to your thoughts and opinions, as am I.

                  If you thik Bush is a great leader feel free to say so. I feel quite free to say he is not. If you have problem with freedom of speech. Tough luck bud.

                  I fought for my rights as well as yours.

                  BTW, I find it funny, you say your party says to hate Bush. You sound more like a Republican.

                  Because you blame Carter for the mess we were in when he got into office. LOL

                  These people thought they could afford their homes to. They were not aware of all the controls that were taken away.

                  Greed destroys markets. Look at what both parties have allowed with their foolish inept management.

                  It's OK with me if you love Bushes ways. I don't.

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                    ciera-marie1 month, 1 week ago

                    lloydm65 disagree with you about Carter.

                    You have to admit that when you bought your home you are more fortunate than most. I agree that some have traded up while interests rates where low and are now in homes that they can't afford. However a starter home in the Twin Cities is almost 200,000. Some neighborhoods it's 425,000. If it's 60,000 it's zoned for destruction or it needs a 100,000 in remodeling. Most can't afford that.

                    As to why I dislike this administration, it was GW and Cheney's actions before they became President and VP in 2000. I remember VIVIDLY the Regan years and S & L scandal that got a Bush off. Iran Contra?

                    I vote my conscious thank you and look to the facts from all sides.

                    I'm amazed that you still, after everything, support this administration.

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                    simonsez1 month, 1 week ago

                    They say 40% of all oil ever found in the USA is still in the ground. Time to go get some of it ...

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                      hamy1 month, 1 week ago

                      I thought that the only way to get us to get more oil on American soil was to drill in ANWR. In fact, A.G. posted a story that directly linked Bush OKing drilling there and oil falling $9 a barrel. Even though it's back up beyond that now. And here, there are other areas where oil can be drilled right now and they can produce right now without having to open new drilling areas.

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                      cowboygrandpa

                      I'm happily married. I am a registered voter. I love animals. I'm a dad to three grown daughters and a grandpa to 10 ...

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