Man Strikes 'Gold' in His Back Yard

Ad Feedback

As people are looking for ways to save money, one man in Indiana has found help right in his own backyard.

Greg Losh is sitting on top of an oil well.

A local oil company contacted him after they discovered oil in the area.

And now, Losh is producing three barrels of oil a day.

With oil around $130 a barrel, experts predict it will turn into a big money maker.

"If you have one well in your backyard, probably over the course of a year you'd be earning tens of thousands of dollars," Professor Amy Myers Jaffe said.

Experts say drilling for oil requires a great deal of technical knowledge, and caution this is not something you should do on your own.

Log in or create an account to post a comment.  

CBN IS HERE FOR YOU!

Are you seeking answers in life? Are you hurting? Are you facing a difficult situation?

Find peace with God, discover more about God or send us your prayer request.

Call The 700 Club Prayer Center at 1 (800) 823-6053, 24 hours a day.

A caring friend will be there to pray with you in your time of need.

CBNNews.com

CBNNews.com

CBN News is a national/international, nonprofit news organization that provides programming by cable, satellite, and the Internet, 24-hours a day. Follow us on Facebook, Twitter, and Google+.