Oil in the Commonwealth

Last night WLKY News in Louisville aired this story about the upsurge in oil drilling throughout Kentucky.  While the global oil market is sliding, as evidenced by the $1.99 gas prices you see, permits for drilling in Kentucky have increased over the past two years and revenues are up for this local economic investment.  933 permits have been issued in 2008.

For investors and oil explorers interested in cashing in on this tantalizing boom, I would recommend getting up to speed on your geology and oil business basics.

A few resources you should investigate are:

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


Get every new post delivered to your Inbox.

Join 478 other followers

%d bloggers like this: