Douglas Lopachin:  

CLASS OF 1973
Manhasset, NY

Douglas's Story

Catch 'em up on what you've done and who you are. Since 1978 I have worked to make the US energy self sufficient by exploring for fossel fuels in the great state of Texas. In 1990 I was mowing lawns to feed my family for 8 dollars an hour when oil was 10 dollars a barrel. Never once did I ask for help. On a shoestring I started an environmental company to address underground storage tank assement and clean up. After 5 years in the business we became the largest environmental firm in central Texas. We mainly worked govenment contracts and made millions off of the enviromental laws that did nothing for the environment and only served to assuage our collective guilt for living on this planet. During the 1990's I concentrated on my environmental company but continued to dream of a day when I could get back to what I loved, which was drill for oil. In 2001 I bought a field in Shackelford County that was only making 3 barrels of oil per day. With two other partners we began to drill and have since drill 27 wells on these leases. There are so many misconception concerning t...Expand for more
he oil business. We are not the "devil". The continental drillers are hard working, hard living, salt of the earth people who want the American dream just like you. We sell a commodity that is traded on the NYMEx in New York by people who have never even seen a drilling rig. We sell our product at what ever the market tells us the price is. If you believe that the "Oil Crisis" is caused by us or even the "big Oil Companies" then you are sorely mistaken. The problem is this ...1) supply and demand; China and India are using up any demand overage that exists 2) The "American Oil Companies " are limited to areas in the US that are not known for giant oil fields ....we need to open up ANWAR and the outer continental shelf regions.....just by mearly saying this is going to be done then the price will come down....remember Oil is traded therefore it is based on a speculative price....I am a Patriot first and American Oil Man second if the price goes down I will celebrate as an American. Keep America Strong ....America Needs America's Oil....NO Windfall Profit Tax on Oil.....
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