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Old 05-23-2012, 08:49 AM
 
Location: Boilermaker Territory
26,404 posts, read 46,561,071 times
Reputation: 19539

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Oil boom strikes Kansas - Yahoo! Finance
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Old 05-24-2012, 09:23 AM
 
13,721 posts, read 19,252,722 times
Reputation: 16971
Not sure that this is really news. There were oil wells in Kansas in the 70s when I was in high school. My dad had one on the land he owned. Not Johnson County, either, by the way.
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Old 05-24-2012, 10:36 AM
 
Location: Golden, CO
2,108 posts, read 2,893,780 times
Reputation: 1027
The part that is news is oil that was previously inaccessible through vertical drilling, has become accessible through new techniques such as horizontal drilling. With that new technology and new access to Kansas oil, comes the economic boom.
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Old 05-24-2012, 11:51 AM
 
Location: Western Nebraskansas
2,707 posts, read 6,232,080 times
Reputation: 2454
It would be wonderful if they could develop even half as well as North Dakota.
My husband is currently driving a truck in the oil patch in ND, but if demand/pay for drivers in KS could compete it would be nice to have him a little closer to home...
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Old 05-24-2012, 02:27 PM
 
266 posts, read 831,911 times
Reputation: 135
My grandfather drove oil (or gas?) tankers out of the Russell fields and to California as part of the war efforts for WW2. There's oil in Butler County. Oil in KS isn't new. It's that in the 1980's big oil intentionally stopped producing here because they made more profits on imported oil. Big Oil stopped production here, intentionally, putting oil field workers out of work. They said They wouldn't start producing here again until their profits on domestic oil were as high as profits on imported oil. -Put a Big Oil president in the White House and see how long that takes. Not to mention increased demand in China. Oil companies knew exactly what they were doing when they started shutting down refineries and capping wells. Great, moneymaking business decision for them and their shareholders - terrible for working class American consumers.
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Old 05-24-2012, 10:36 PM
 
Location: Kansas City, MO
3,565 posts, read 7,977,261 times
Reputation: 2605
Oil isn't new to Kansas. No. But the recent boom is news.

I lived in Independence, KS, during my high school years, and it's a town whose economy was once based on oil, with both Arco and Sinclair having a significant history there. The art-deco Arco building is still a centerpiece of the town. I'm pretty sure that history is why it's such an awesome town for its size (10,000), complete with a zoo and park designed by a bit of a "starchitect" of his time, George Kessler, who also designed Kansas City, MO's parks and boulevards system, and I believe the central Hyde Park neighborhood - which was the recent subject of a fantastic photo thread in the Kansas City forum.
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Old 05-27-2012, 01:04 AM
 
Location: Overland Park, Kansas
767 posts, read 1,322,032 times
Reputation: 781
It isn't new news out in SW Kansas it just means more companies are drilling wells. Natural Gas and Oil have always had a presence down there. The Gas and Oil Jobs have sparked some new housing and retail developments in Garden City, Liberal, and Houghton. Scott City and Dodge City are also hoping for some impact. The companies that are coming in though are paying next to nothing especially compared to North Dakota. I know of one company in Dodge City that is paying a similar salary to the packing plants and wondering why they aren't having people stay long term.
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Old 06-02-2012, 02:38 PM
 
151 posts, read 459,660 times
Reputation: 121
I wonder where I can buy Kansas land with mineral rights. I can buy a few acres considering the low costs in this part of the country. If anyone knows something, send me an email.
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Old 06-18-2012, 07:00 PM
 
1 posts, read 4,016 times
Reputation: 10
They drilled an oil well about 8 miles from here. I wish I could afford a drill rig. I would be drilling for that oil. lol

Chad
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Old 06-24-2012, 11:13 PM
 
18 posts, read 33,060 times
Reputation: 14
I thought the 1st oil strike west of the mississippi was in Fairport ks (now a ghost town) a few miles from Natoma KS
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