The producers of California have a great advantage in their
proximity to the ocean, which gives them free commerce with the outside
world. Crude oil is now sold at $3 per barrel in Los Angeles, and the
oil companies are making immense profits. There is a very large amount
of oil territory as yet undeveloped, and a rich reward awaits enterprise
in these regions. In the Camulos District, which lies west of the San
Fernando, are even stronger surface indications of oil than there
were in the Pico Canon. We first went up the Brea Canon, in which are
numerous outbursts and springs of oil. Ascending the mountain west of
this canon, we could plainly see the break in the mountains crossing
from the San Fernando through this district to those beyond which
have been developed. A couple of miles farther west, the Hooper Canon
stretches back over two miles into the mountain, and is full of oil.
Great pools of oil fill its water courses, that are dry at present.
Hundreds of barrels of oil must be wasted away and evaporated during a
year.
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