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Companies Prospecting for Oil and Gas on College Campuses

Education News -- Colleges and universities that are struggling to soften the financial blow brought on by cuts in state funding might be looking at an old, but suddenly new again, revenue stream: oil. Several institutions of higher education have recently hosted representatives of oil and natural gas mining companies who are exploring whether the land under their campus could be viable for exploitation by the new ‘fracking’ method of pulling natural resources from below the surface.

Jeffery Stone, an environmental science professor at the Indiana State University, recently witnessed such an experiment. An oil company’s seismic shaker trucked rolled slowly over the campus street sending out pulses every eight seconds trying to map out any oil reserves hiding below the grass and concrete.

Indiana isn’t


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Submitted Nov 27, 2012 By: bar1035
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Author Topic: Companies Prospecting for Oil and Gas on College Campuses Back to Topics
REPLIES (newest first) Post a Reply
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honda0105
Champion Author Tallahassee

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Message Posted: Nov 30, 2012 4:57:44 AM

pilot: ROFL.
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pilotmass
Champion Author Boston

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Message Posted: Nov 28, 2012 12:09:57 PM

Just waiting for cartoon with an oil derrick holding up goal posts.....
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drpepperTX
Champion Author Texas

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Message Posted: Nov 28, 2012 9:13:20 AM

"Wow, people who have such a keen dislike for government really should try anarchy for awhile." -AviatorRob
===============================================
Those that have such a love for government intrusion into every aspect of their lives, like A-Rob above, should move to North Korea and give it a whirl.
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Wizrd03
Champion Author Illinois

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Message Posted: Nov 28, 2012 6:45:35 AM

Any revenue stream to lower tuition costs will be welcome
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SkooterG
Champion Author Phoenix

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Message Posted: Nov 28, 2012 2:01:48 AM

Good luck with that.
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bston
Champion Author Oklahoma City

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Message Posted: Nov 28, 2012 12:18:24 AM

Almost sounded funny!
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Zonk
Champion Author Michigan

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Message Posted: Nov 27, 2012 11:28:13 PM

It won't do anything but generate more $$$$$$ for the professors.
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crreed1
Champion Author West Virginia

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Message Posted: Nov 27, 2012 11:21:08 PM

what the matter with sports ?
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JoeKR
Champion Author New Jersey

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Message Posted: Nov 27, 2012 11:15:35 PM

First let's learn why higher education has been needing to raise tuition year after year, along with the medical field - always surpassing the cost of living.
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Aviator_Rob
Champion Author New York

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Message Posted: Nov 27, 2012 11:13:37 PM

Nobody said we would run out of oil, @wz. The problem is what to do when oil is so expensive that you would never think of wasting it by simply burning it.

Plenty of things like plastics, fertilizer, and pharmaceuticals are made from petroleum products.
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gocatgo
Champion Author South Carolina

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Message Posted: Nov 27, 2012 11:12:41 PM

If it will bring the cost of a college degree down, why not.
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Aviator_Rob
Champion Author New York

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Message Posted: Nov 27, 2012 11:11:04 PM

Wow, people who have such a keen dislike for government really should try anarchy for awhile.
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otherdave
Champion Author Indiana

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Message Posted: Nov 27, 2012 11:09:52 PM

As long as they're not going Girls Gone Wild!!!
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Aviator_Rob
Champion Author New York

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Message Posted: Nov 27, 2012 11:09:20 PM

"Drill, baby, drill" @ManOfLeisureII? How about in your backyard? Or better yet, how about under your house?

Still so eager?
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defiancegasman
Champion Author Ohio

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Message Posted: Nov 27, 2012 11:07:16 PM

BIG OIL would be better off trying to the brightest minds for the Colleges and universities!
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rahcat
Champion Author Grand Rapids

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Message Posted: Nov 27, 2012 11:05:29 PM

Stupid
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pepinoNC
Champion Author Raleigh

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Message Posted: Nov 27, 2012 11:04:27 PM

Whatever it takes
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jkpsr
Champion Author New Jersey

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Message Posted: Nov 27, 2012 11:04:12 PM

Why not?
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ManOfLeisureII
Champion Author Philadelphia

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Message Posted: Nov 27, 2012 11:03:13 PM

Drill, Baby, drill
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wz
Champion Author Twin Cities

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Message Posted: Nov 27, 2012 11:02:05 PM

Oil companies have always known they could restart operations at their closed wells when prices rose to exceed the cost of extraction, unless they have plentiful supplies available at lower extraction costs. Just another reason this country will not run out of oil in the foreseeable future.
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DEG
Champion Author Las Vegas

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Message Posted: Nov 27, 2012 11:01:33 PM

Sounds like a dance with the devil; almost as bad as being wed to the government.
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bvrbill
Champion Author Eugene

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Message Posted: Nov 27, 2012 11:00:21 PM

Turning our universities into profit centers?
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Aviator_Rob
Champion Author New York

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Message Posted: Nov 27, 2012 10:58:39 PM

It's one thing to say that oil revenue funds Texas' state university system, @suzmar, but this is actually drilling for oil on campus. Like I said earlier, I can't wait for the blowout. It'll be great to watch Big Oil try to put a happy face on a huge catastrophe.
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gsayeg1
Champion Author Milwaukee

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Message Posted: Nov 27, 2012 10:56:27 PM

oh bot! Another reason for a frat party!
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suzmar
Champion Author Texas

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Message Posted: Nov 27, 2012 10:55:35 PM

Oil has funded Texas schools for decades.
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PissedATthePump
All-Star Author Pennsylvania

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Message Posted: Nov 27, 2012 10:55:27 PM

And state forest land here in PA.
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vulcan96
Champion Author Ohio

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Message Posted: Nov 27, 2012 10:53:21 PM

hmmmm - schools get 35%, students get 15% - greed at its finest
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Aviator_Rob
Champion Author New York

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Message Posted: Nov 27, 2012 10:51:01 PM

Rescue, @abcdMA? More like rifle through the pockets of a dead body.
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Aviator_Rob
Champion Author New York

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Message Posted: Nov 27, 2012 10:48:52 PM

I guess @CCLighthouse doesn't see any value in education. Great way to be shortsighted since ignorance and stupidity never cost society a dime.
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VikingWoman
Champion Author Washington

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Message Posted: Nov 27, 2012 10:48:03 PM

...and educational
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mstearno
Champion Author Dayton

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Message Posted: Nov 27, 2012 10:47:36 PM

money is green
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snerd
All-Star Author Pennsylvania

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Message Posted: Nov 27, 2012 10:45:19 PM

Hmmm
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g747
Champion Author Mobile

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Message Posted: Nov 27, 2012 10:45:11 PM

Desperate times; desperate money woes!!!!!.
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Aviator_Rob
Champion Author New York

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Message Posted: Nov 27, 2012 10:45:00 PM

Did you notice that the university is only offering a 15% discount on tuition while they take a full 50% of the revenue from the oil?

Boy, that's some overhead!
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Aviator_Rob
Champion Author New York

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Message Posted: Nov 27, 2012 10:43:35 PM

Amazing. Just goes to show that big oil wants to frack every square foot of this country, no matter where. Can't wait for the first, on-campus, hydrogen sulfide blowout.

If the university is so hard up for money, they should just grow marijuana next to the school cafeteria. They'll earn more.
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kcboy
Champion Author Utah

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Message Posted: Nov 27, 2012 10:39:28 PM

ok
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nwsynthetics
Champion Author Oregon

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Message Posted: Nov 27, 2012 10:37:06 PM

The will pay for everyone to go to college
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Dodge_Me
Champion Author Atlanta

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Message Posted: Nov 27, 2012 10:35:25 PM

Hmm
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gd83goldwinger
Champion Author South Bend

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Message Posted: Nov 27, 2012 10:34:33 PM

I'll wait and see how this plays out.
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bonzoonfmb
Champion Author Florida

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Message Posted: Nov 27, 2012 10:33:08 PM

Good idea? Bad idea?
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Isea11
Champion Author New York

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Message Posted: Nov 27, 2012 10:32:37 PM

Don't think they will really lower tuition.
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drobbbb
Champion Author Maryland

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Message Posted: Nov 27, 2012 10:31:16 PM

little desparation
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mrselfdestruct
Champion Author Arkansas

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Message Posted: Nov 27, 2012 10:27:50 PM

Put them on well water too.
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Mr_Bill_W
All-Star Author Virginia

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Message Posted: Nov 27, 2012 10:18:36 PM

Not on my campus!

The juice is not worth the squeeze if adverse ecological and health impact to the accidemic communities and communities at large is a potential outcome.
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wayoung56
Champion Author Alabama

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Message Posted: Nov 27, 2012 10:17:00 PM

Cool!!!
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Gas4Gore
Champion Author Detroit

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Message Posted: Nov 27, 2012 10:14:23 PM

Oh no
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nordiqueen
Rookie Author San Diego

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Message Posted: Nov 27, 2012 10:14:13 PM

Lets do this already!
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goldrose1
Champion Author Cleveland

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Message Posted: Nov 27, 2012 10:09:25 PM

Bring down tuition costs.
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pgerassi
Champion Author Milwaukee

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Message Posted: Nov 27, 2012 10:07:15 PM

Money talks.
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serrog
Champion Author Nova Scotia

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Message Posted: Nov 27, 2012 10:06:00 PM

What next?
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