Indiana

Education, From The Capitol To The Classroom

Oil Found Under Vigo County School, Board Votes To Explore Drilling Options

    November 15, 2011 | 11:00 AM

    Understatement of the century: “It could be a potential financial boon for the school district,” the Vigo County superintendent told the Terre Haute Tribune-Star:

    “By a 7-0 vote, the Vigo County School Board approved an agreement that will allow a company to do exploratory work and potentially drill for oil or gas under Lost Creek Elementary property. If any oil or gas is found, the district would benefit financially through royalties, or a certain percentage of revenues.”

    Read more at: tribstar.com

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