BATON ROUGE, LA – With crude oil prices crashing to negative prices in the US today, Governor John Bel Edwards today announced plans for Louisiana to finally diversify and begin drilling for olive oil.
The announcement came as thousands of workers wondered if, and possibly when the oilfield would fall to its knees and finally succumb to the current state of the economy.
But Edwards today announced a $150billion investment into drilling for and producing olive oil, claiming that if the Italians can do it then so can we.
“Look, Italy have clearly got it figured out when it comes to drilling for olive oil”, said Edwards, “We’ve been in close discussions with them as to where they find it, and how they produce it.
Everyone’s cooking at home at the moment, and they’re probably going through a lot of olive oil in doing so. We’d be crazy not to diversify into this area. We have rigs ready to go, workers ready to get back to work, and an economy that is ready to boom.
If we’re successful in drilling for olive oil, we may even look into expanding into canola oil and vegetable oil.
We’re ready to put a lot of money into this. We’ve already paid Italy a lot of money to get them to tell us where the olive oil fields are and how to extract it. Now we’re ready to invest in the industry here in Louisiana.”
Edwards is currently assembling a task force designated to startup olive oil operations, and he said he expects the industry to begin and ramp-up operation over the next six months.
