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You Can Buy Your Way Into Texas' Oil Boom. But Is It Worth It?

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Larissa Liska
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In the history of Texas, few figures are as colorful as the wildcatters: oil prospectors who gambled big on the lure of black gold and striking it rich, or went broke trying. But what if you could be a wildcatter with a click of the mouse?

According to a company selling stakes in rigs right now, you too can own an oil well – or at least part of it – right here in the states. 

Texas Standard host David Brown turns to energy expert Michael Webber to find out his take on the rush. Is it a sign the Texas oil and gas boom is big enough to let in the little guy? Or could the increased speculation indicate the bubble is about to burst? Listen to the interview in the player above.

Emily Donahue is a former grants writer for KUT. She previously served as news director and helped launch KUT’s news department in 2001.
David entered radio journalism thanks to a love of storytelling, an obsession with news, and a desire to keep his hair long and play in rock bands. An inveterate political junkie with a passion for pop culture and the romance of radio, David has reported from bases in Washington, London, Los Angeles, and Boston for Monitor Radio and for NPR, and has anchored in-depth public radio documentaries from India, Brazil, and points across the United States and Europe. He is, perhaps, known most widely for his work as host of public radio's Marketplace. Fulfilling a lifelong dream of moving to Texas full-time in 2005, Brown joined the staff of KUT, launching the award-winning cultural journalism unit "Texas Music Matters."
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