When Santa Paula was an oil boom town in the '20s, the third floor of the Glenn Tavern was said to have been used as a bawdyhouse for roughnecks and wildcatters. |
Yet the wildcatters may still succeed, because America's anti-dumping laws are such that it is all too easy to win import protection, even without a case. Despite a booming economy, protectionism is on the rise again. |
After years languishing in the backwaters of the world's stock markets, the wildcatters are back in business. |
Wildcatters in the chilly waters of the Arctic or the Kurdish mountains, or giants of oil business such as Total and Shell, tend to get headlines. |
But with risks come investment opportunities, as oil companies ranging from multinationals to wildcatters seek to shed assets in order to maintain their balance sheets. |
El Paso was selected from a list of 2002 Wildcatters of the Month, which included Houston, Texas-based Tri-C Resources, Thorp Petroleum Corp. |