The Top Topics of Today and Yesterday: New Asphaltum Beds Found Near Los Angeles. Oil Rigs To Follow
Top Topics of Today and Yesterday is living testimony that there actually is zilch new under the sun. Case in point the weird circumstances of Houston, Texas, flight center of tomorrow…and yesterday…
The World of the Now
My how times change. Deem the planet illustrious oil fields of Carpinteria… From the carpinteriabluffs.org internet site sometime in 2009, we uncover this excerpt: Numerous inside our modest district of Carpinteria are at present outraged that Venoco is trying to bypass the City and the complete remaining community environmental examination of their application to the City of Carpinteria on behalf of a sanction to erect a 175 foot from top to bottom drilling rig resting on its present onshore spot not far from the Carpinteria Bluffs Nature Preserve and the Viola Playing Fields. This oil and gas expansion project could have serious and signficant environmental impacts upon the Bluffs as well as, of course, upon the larger Carpinteria community.
In February, 2009, Venoco tried to deposit a Venoco Oil Drilling Initiative on the ballot to bypass any additional civic considerations on the subject of their plan. Yet, the City Attorney for Carpinteria has challenged the legality of this initiative, a challenge which we tend to support, as does our legal team at the Environmental Defense Center. The challenge is set to come before Judge Anderle on April 7, 2009 at 9:30 AM.
Once upon a time the Carpinteria oil fields had been looked on in a different way. Well, that and the other oil rigs in California as well. Did you get that the “amount <of money> earned out of oil in Southern California is bigger than that gotten from the entire citrus crop? Or used to be… until California went green and ruined.
The World of the Then
Historical information out of the Los Angeles Herald, a newspaper doomed to extinction in 1911. The information below rewritten, keeping the indispensable meaning. August 13, 1907.
BIG MONEY IN OIL NOW $1.00 A BARREL NEW COMPANY HAS WELLS IN VENTURA COUNTY
Area Covers Nearly 5000 Acres — Drilling of Wells Is in Progress. Asphaltum Beds Found
It is not generally well-known that the amount made from oil in Southern California is larger than that earned from the entire citrus crop. In January of the current year oil was selling at fifty cents a barrel, while the price at the wells today is $1 a barrel, with every likelihood of a slight increase. This increase is a normal and permanent one and is predicated solely on the law of supply and demand. Considerable amounts of oil have been and are still being shipped en route for Japan and other eastern countries, and this in part accounts for the advance in price.
Every existing oil rig inside the state is running and the oil well supply corporations will not assure delivery of stuff
under sixty days. All the oil producing corporations are operating to the full extent of the funds at their command and
are putting as many rigs to work as the supply folks can equip. The fields in operation are Santa Maria, Bakersfield, Colinga, Olinda, Whittier, Santa Paula, Bardsdale, Piru and Newhall, and new companies are starting business right along and brand new fields are being developed.
New Company Organized
Among the businesses that have just been organized intended for the intention of producing oil is the San Miguelito Ranch
Oil company, whose land is situated in the southwestern part of Ventura county, a county which still holds its own
as the greatest oil producing portion in the nation. The San Miguelito ranch, sometimes referred to as the Taylor ranch, covers an area of 4795.94 acres, surrounded by land that has yielded great quantities of oil in the past few years. The drilling of wells has already been begun and professionals reckon that every well drilled to a penetration of 1800 feet on the San Miguelito ranch should without difficulty generate 6000 barrels of oil a month. These professionals examined the acreage a little bit ago and were undivided in the belief that It was the most advantageous bit of oil land within the complete county.
It is resting on the same anticlinal plus in a direct procession with a number of of the supreme strikes and developed properties which
are at this time yielding excellent profits. For example, the prominent. Carpinteria oil fields are barely a little distant from the San Miguelito ranch, and its same strata has been traced right through the latter.
Shipping to the Orient
In view from the shortage of oil at the current occasion and the yet escalating demand for the product, it is gratifying to
know of the chance of an additional strike being completed. All signs indicate that there will be a sizeable current of high
gravity oil, each gallon of which will be without difficulty marketed.
The demand for oil by the orient is becoming greater and greater all the time, and the Japanese administration is equipping its warships with oil burning engines. They are believed to be accumulating great stocks, and every additional producing well will be a welcome and particularly worthwhile thing for the public of California.
The San Miguelito Ranch Oil corporation has the gain that comes out of its property being located at tidewater, as a result permitting a gravity flow of the oil in pipe lines in the direction of the wharf. The expenditure for cartage and pipe lines can as a result be reduced to a minimum, an benefit which small number of other companies enjoy.
Asphaltum and Gas
Asphaltum beds resting on this same property will additionally act as a different source of substantial profit. Immediate procedures will be taken to develop these deposits, as there is all the time a eager and energetic mandate for asphaltum. Gas is the third valuable product that can be available in great amounts from this virgin fragment of property. In reality, gas will be one of the company’s durable aspects. There are plentiful blowout on the property; it is claimed the biggest in the state is on this
section. The easiest assessments, it is testified, demonstrate that gas is there appearing in boundless amounts, ready to be tanked and piped for business-related use.
Here at Top Topics of of Today and Yesterday we’re deliriously excited to bring you the world reports from conservative California, the western oil hub of the country, and a state not frightened to obtain what is lawfully hers out of the underlying strata of the very dirt itself, never wasting one instant on the impact to the polar bears.
Top Topics of Today and Yesterday is written by the dynamic panel of Norm and Vicky Morrison, miners of huge reports from the gone for the world of tomorrow. Their most recent works take in a heartbreaking website concerning the travails and antics of the Stock Market. It’s a tear jerker and should not be missed! This is on the heels of their planet celebrated and award winning Dog Flea website!
Recent Comments