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Next thing you know ol’ Jed’s a Billionaire- Todays Oil Prices Make Clampetts Billionaires

May 5, 2008 · Print This Article

Jed Clampett, the lovable old patriarch of the Clampett family who struck black gold one day while shootin for some food, would be an incredibly rich Hillbilly had that fortunate hunting accident happened today. You could say he’d be happier than a tornado at a trailer park.

Had Jed discovered that bubblin crude these days instead of 1962 he’d be worth a cool billion dollars. Back in ‘62 when Jed stuck oil in Bugtussel, the price per barrel was around $2.85. Kin folk told Jed move away from there, so The Clampetts loaded up the truck and moved to Beverly (Hill’s that is) with $25,000,000 in Mr. Drysdale’s bank.

Which means, if we do the math …that Jed uncovered around 8.7 million barrels of oil. At any price above $115.55/barrel Jed’s north of 10 figures (a Billionaire). A quick stop to Bloomberg Energy shows crude oil futures currently going for ~$118/barrel.

Wee Doggies!, imagine the party Jed, Granny, Jethro, Elly May, and Duke could throw with that kind of cash- the fancy vittles, moonshine and dancing out by the cee-ment pond. Which would make them all happier than cats a fish fry. Yeehaw.

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Comments

3 Responses to “Next thing you know ol’ Jed’s a Billionaire- Todays Oil Prices Make Clampetts Billionaires”

  1. Colin Marls on May 5th, 2008 10:18 am

    I’m not sure if even the Clampetts could afford that mansion today in Beverly Hills? Great story…I wonder how the Mayberry real estate prices have held up?

  2. Donna Domasik on May 5th, 2008 1:11 pm

    I love this article - it is great and I think that today Jed would own all of Beverly Hills. Granny’s party would be in Europe or Mexico!

  3. KA on May 5th, 2008 5:29 pm

    Much better than your previous draft. Small typo at the bottom. TF article was spot on.

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