Oil!

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Well not yet, but this just popped up on our Web site:

Whittier officials consider drilling for oil in them there hills
By Mike Sprague, Staff Writer
Article Launched: 03/12/2008 12:53:51 PM PDT

WHITTIER — With the price of oil tickling $110 a barrel, the city has visions of striking it rich in black gold.
City officials said Wednesday they are looking into the possibility of drilling for oil on city-owned land in the Whittier hills.
If — and officials emphasize that word — drilling would not harm the hills, Whittier could receive additional money, ranging from hundreds of thousands to millions of dollars every year.
“We have a very promising thing for our community,” Councilman Joe Vinatieri said. “We have the opportunity to cement our revenue stream depending on how things pan out for a couple of generations to come.”
Officials now are working with Matrix Oil Co., which already has oil wells on Honolulu Terrace Drive.

Let’s hope they strike it rich.

1 Comments

Dog Spot said:

I think this may be a good idea; however, wasn't there an oil-related explosion or fire on this site within the last several years?

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Reporters Jennifer McLain, Tania Chatila and Daniel Tedford lead this ongoing discussion of San Gabriel Valley politics. The trio keep government accountable and residents informed on the moves of local decision-makers.

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This page contains a single entry by Tania Chatila published on March 12, 2008 2:37 PM.

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