Monday, June 27, 2005
Good news from Oklahoma
Pouring three years of blood, sweat and tears and about $200K of his own money into the endeavor, Jerry Winkelman is attempting to reactivate a 43-acre refinery located in Custer County, and building a new one near Enid. The religious man credits his creator for the inspiration. "It's not been an easy thing. It's been an enormous task -- a hard road. A very radical thing. Something the average guy just doesn't do. God has led me down this road," Winkelman said recently from his newly opened office, J. W. Energy, located in the former Champlin Petroleum Co. building in downtown Enid. Blessed with financing from a Dallas underwriter to the tune of $400 million, Winkelman announced that the dormant diesel plant ... will open up again in late August.
Story from the Enid News & Eagle, June 16.
Capitalism isn't entirely dead yet, despite the diligent efforts of our black-robed saboteurs.
[Must admit I was reading the story with a certain caution until my eyes struck that $400 million. This guy is serious!]
= = = = =
Later update: Nope, he wasn't serious. He was pulling some kind of scam, but oddly enough didn't seem to gain any money from the scam. See this entry for more info.
[This update added in Feb 2009, after noticing a burst of searches for "Jerry Winkelman" leading to here. I don't know why the searches are occurring, but I suspect Winkelman may be trying another deal ... and I didn't want this first positive indication to be the only info available here!] ¶ 9:31 AM
Pouring three years of blood, sweat and tears and about $200K of his own money into the endeavor, Jerry Winkelman is attempting to reactivate a 43-acre refinery located in Custer County, and building a new one near Enid. The religious man credits his creator for the inspiration. "It's not been an easy thing. It's been an enormous task -- a hard road. A very radical thing. Something the average guy just doesn't do. God has led me down this road," Winkelman said recently from his newly opened office, J. W. Energy, located in the former Champlin Petroleum Co. building in downtown Enid. Blessed with financing from a Dallas underwriter to the tune of $400 million, Winkelman announced that the dormant diesel plant ... will open up again in late August.
Story from the Enid News & Eagle, June 16.
Capitalism isn't entirely dead yet, despite the diligent efforts of our black-robed saboteurs.
[Must admit I was reading the story with a certain caution until my eyes struck that $400 million. This guy is serious!]
= = = = =
Later update: Nope, he wasn't serious. He was pulling some kind of scam, but oddly enough didn't seem to gain any money from the scam. See this entry for more info.
[This update added in Feb 2009, after noticing a burst of searches for "Jerry Winkelman" leading to here. I don't know why the searches are occurring, but I suspect Winkelman may be trying another deal ... and I didn't want this first positive indication to be the only info available here!] ¶ 9:31 AM
