Just wondering. Hoping we can bring gas prices down in the Bay Area, I guess...
Grim move away from there. California is the place you ought to be.
Swimmin' pools, movie stars...
Are you gonna be a Beverly Hillbilly now?
Not to burst your bubble... You might want to smell the ooze. I bet somebody's septic tank leech line is broken. Flush some dye marker tabs down the commode to see if it comes from the folk's house...
If I were in that situation of course I'd like to have it checked out to find out what it is. Not too sure about your county, but if you were over here in Santa Cruz County, they'd probably use it as an excuse to bulldoze the house. With no compensation, of course.
http://www.jdcjr.us/index5.html
MOODY- David B. Moody was born in Indiana in 1836. As a boy, he crossed the plains, in the first wagon train through the Tejon Pass. With his brothers he engaged in flour milling with headquarters in San Jose. He was also part owner in the Caldwell Oil Srtike in 1872, above Los Gatos, still known as Moody Gulch, or to CHP as Moody Curve. The oil was of "Pennsylvania" quality and was piped to the now extinct town of Alma, then shipped by rail to Alameda. The strike dwindled out in 1922. Moody was also President of San Jose Woolen Mills and a promoter of The Vendome Hotel, both long gone.
Sorry, I couldn't resist
...Up through the ground came a bubble and crude, Oil that is, Black Gold, Texas Tea....
The Le Brea tar pits come to mind.
Oil can definitely come up through the ground.
Didn't I see something like this in "What a Way to Go?"
Just don't let the envirowackos/Democrats know. They might declare the rest of your property a national park and forbid you from drilling.
In the 1880's, Col. Drake hit oil (awl, to you Aggies) in Pennsy at 79 feet.
You've exceeded the good Colonel's record by 79 feet.
And I'll bet you weren't even shootin' at some food, when up from the ground came a bubblin' crude (awl, that is).
Live near Coal Oil Point, do you?
I wouldn't plan a move to Beverly Hills in the near future.
Take everything I say below on a tentative level: I am only a law student, and not a very good one at that; please check with a licensed attorney for a better understanding of the issues.
If your parents own the property, then they own everything below ground and (to a certain extent) above ground. If there is in fact a deposit underground, it is theirs (unless the deed makes clear exceptions otherwise, which is doubtful).
I would suggest that you contact an energy law attorney in the area. He would probably have contacts in the energy field that could inspect your parents' land to determine if there is a deposit, and if so, how much. They could then go from there if they decide to form a company to market the oil (I'm sure there would be plenty of drilling companies who could be contracted to pump the oil--it's probably not a large deposit, so it might not even be worth it).
Again, bear in mind that I might be totally wrong. Please contact a real lawyer before taking any real action. Here's hoping you've struck it rich!
Black Gold.
Well the first thing you know ol' Jed's a millionaire, Kinfolk said Jed move away from there-- Said Californy is the place you ought to be, So they loaded up the truck and moved to Beverly. Hills, that is. Although, it is probably septic tank leaching from somewhere, sorry.