Some Common Cents for December 12th 2014

“Everybody thought I had a duster.

You all thought Spindletop and Burkburnett was all the oil there was. I’m here to tell you it ain’t, boy. It’s here. There ain’t a dang thing you gonna do about it. And there’s more down there, bigger wells.

I’m rich, Bick! I’m a rich one. I’m a rich boy. I’m gonna have more money than you ever thought you could have.

You and the rest of you stinking sons of Benedicts.”

 If you have ever seen the movie Giant, you might remember this quote from the James Dean character Jett Rink. He has hit oil on property he obtained after the death of a member of the wealth Benedict family, who were cattle barons. Standing on the Benedict’s front lawn, as it were, covered in the stuff, he is letting the patrician Benedicts know where the real money and power will be in Texas moving forward…Read On…

The opinions expressed within this report are those of John Norris as of the initial publication of this blog. They are subject to change without notice, and do not necessarily reflect the views of Oakworth Capital Bank, its directors, shareholders, and employees.