California's Century-Old Oil Economy Slowly Dries Up
Augusta Chronicle, The › December 20, 2005
Linked as:
Summary
BAKERSFIELD, Calif. - On a slip of flat yellow earth dotted with sagebrush and foxtail lies the rusting legacy of three generations of drilling: a graveyard of toppled oil derricks - and Bruce Holmes' solitary moneymaker.
Like a squeaky steel horse, the lone pump bucks and thumps, sapping crude from nearly a mile down.See the full content of this document
Extract
California's Century-Old Oil Economy Slowly Dries Up
Mr. Holmes spent 13 years' savings for the $200,000 well his brother installed a year ago. At 40 barrels a day, its haul exceeds the combined output of his 19 other aging pumps. All are older than the 64-...
See the full content of this document
Sponsored links
