OIL: Gold Under the Garbage

While eager prospectors searched for oil all around the world, beneath the sea and in the mountains, high-living Houston last week took a look under its garbage and found black gold. An independent driller, Trice Production Co., brought in a rich (140 bbls. daily) well from 8,000 ft. below the city dump, and gave it an appropriate label: "Houston City Dump No. 1."

Dump No. 1 is the latest strike in the old Pierce Junction salt dome, where wells are pushing ever closer to Houston's city limits. For more than three decades prospectors in Pierce Junction made occasional strikes at...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!