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Backyard Oil Baron: Indiana Man Strikes Oil.. on the cheap.

Selma - An Indiana man is capitalizing on high oil prices with his own oil well - in his yard.

Greg Losh began drilling on his ten acre property for natural gas to heat his home and found it. Then he found more.

"Let's see if we can drill for oil. If there's gas here, there's got to be oil here," Losh said. "So, we drilled 300 feet deeper to see if we hit oil."
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Story:
http://www.wthr.com/Global/story.asp?S=8348967

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Added: Jun-28-2008 
By: ReapTheWhirlwind
In:
News
Tags: Indiana, Oil Well, Backyard Bonanza
Location: Selma, Indiana, United States (load item map)
Views: 12477 | Comments: 16 | Votes: 1 | Favorites: 0 | Shared: 214 | Updates: 0 | Times used in channels: 1
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  • I'' be damned. Texas tea. Jed, move away from there!

    Posted Jun-28-2008 By 

    (3) | Report

  • The Beverly Hillbillies,,LOL!

    Posted Jun-28-2008 By 

    (0) | Report

  • Iraq pumped an average of 2.43m bpd between April and June, according to the Special Inspector General for Iraq Reconstruction, writes Demetri Sevastopulo for The Financial Times.


    The report by the Special Inspector General for Iraq Reconstruction (SIGIR) said the combination of record production and high global oil prices would likely provide a windfall to the Iraqi government, which previously forecast that 2008 oil revenues would be $35bn

    Really sounds like broken meters eh? Morons.

    Posted Sep-10-2008 By 

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  • Wont be long and the Neo-Cons will steal it from him.. and sell it to exxon.. stop the compatition, like they did in Iraq

    Posted Jun-28-2008 By 

    (-4) | Report

    • where does all this stolen oil go to? how come there is no real evidence of oil stealing? videos? photography? been a long time and i'am still waiting for some evidence if you would kindly

      Posted Jun-28-2008 By 

      (0) | Report

    • How About this: The IRAQ OIL METERS have been broken since 2003.... and never been fixed... no media coverage... nothing... either it's to cover up the LACK of oil coming out of IRAQ, or it's broken so the US can STEAL oil... what do you think...

      http://www.iraqdirectory.com/DisplayNews.aspx?id=3122

      http://www.corpwatch.org/article.php?id=14427

      Posted Jun-28-2008 By 

      (0) | Report

    • Puts on tinfoil hat to be protected from Conspiracy theorys.

      Posted Jun-28-2008 By 

      (0) | Report

    • that doesn't explain where the oil goes, sure as hell isn't going to the us thats for sure, lack of oil comming out of iraq? heh guess thats why they were starting to sell oil to china but your right i guess

      Posted Jun-28-2008 By 

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    • I thought more of you SimpleSiren... so what is it..?
      do you believe that THE BROKEN METERS aren't real?
      or that THEY aren't important?

      Posted Jun-28-2008 By 

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