Abdul Alhazred
9th April 2004, 09:09 PM
From The Tennessean:
http://tennessean.com/business/archives/04/04/49542537.shtml?Element_ID=49542537
In a state not known for its oil industry, the new well has created a stir. The world's high oil prices, which translate to steep gasoline prices at the pump, give producers reason to be optimistic. They are drilling more wells, and with the latest Tennessee oil discovery, speculative fever is building in Pickett, an area that has been a hot spot for drilling in recent years.
http://tennessean.com/business/archives/04/04/49542537.shtml?Element_ID=49542537
In a state not known for its oil industry, the new well has created a stir. The world's high oil prices, which translate to steep gasoline prices at the pump, give producers reason to be optimistic. They are drilling more wells, and with the latest Tennessee oil discovery, speculative fever is building in Pickett, an area that has been a hot spot for drilling in recent years.