Drilling for Oil..in Downtown L.A.

jatfla

5-11-2008 2:35 PM

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/d9615cfa-e006-4cc7-b0a4-e2aeb84d5343/DDA83845-14EC-4FF8-81A1-BAED90F09547/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://abcnews.go.com/Business/story?id=4817476&page=1" href="http://abcnews.go.com/Business/story?id=4817476&page=1" style="font-size: 11px;">abcnews.go.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://abcnews.go.com/Business/story?id=4817476&page=1">Drilling for Oil … in Downtown L.A.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://abcnews.go.com/Business/story?id=4817476&page=1"><div align="center"><img src="http://content8.clipmarks.com/blog_cache/abcnews.go.com/img/0984D160-02D9-4BE1-B54C-74FE20960CCA" alt="oil LA" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://abcnews.go.com/Business/story?id=4817476&page=1">Record prices are prompting oil prospectors to renew interest in drilling in Los Angeles, where urban sprawl, environmental opponents and decades of production make for one of the world's toughest oil fields.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://abcnews.go.com/Business/story?id=4817476&page=1">
"We're more active than ever," says Tim Marquez, CEO and founder of Venoco, which is running wells and reviving old ones in the city and elsewhere in California.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://abcnews.go.com/Business/story?id=4817476&page=1">
Oil has been produced in Los Angeles since the early 1900s, directly offshore as well as along city streets. To meet the demands of environmental opponents and gain needed permits, oil drillers have come up with a variety of methods to disguise oil wells so that most passersby don't even know oil drilling is going on.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://abcnews.go.com/Business/story?id=4817476&page=1">The wells are drilled diagonally for miles out to sea.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://abcnews.go.com/Business/story?id=4817476&page=1">
"It's built to resemble a resort island (and) blend in with the surroundings," </blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/DDA83845-14EC-4FF8-81A1-BAED90F09547/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

jatfla says:

This is soooo interesting. I had no idea this was going on.

FTA: "California is the nation's biggest consumer of gasoline and is fourth among oil-producing states behind Texas, Alaska and Louisiana..."

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Drilling for Oil..in Downtown L.A.

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