Wednesday, September 1, 2010

dangling the carrot

I often wonder why it is that if one dangles a carrot in front of the donkey it will continue to walk after it, pursuing it until one reaches its destination, then feeds the donkey the carrot for a job it would have done anyway. I guess this is an allegory of why if Hyperion dangles the carrot (economic prosperity) in front of people in the Siouxland Area they continue to chase it in hopes of landing a job that is one of the dirtiest and most dangerous jobs one could have, or will attain riches beyond their wildest imagination.
Hyperion has renewed options on land in Union County taunting people with promises it has no intentions of fulfilling. If people sell their land to Hyperion they will be able to retire to a life of comfort and luxury. Bull! Granted they are paying people a stipend each year (which comes off the purchase price by the way) to secure the richest farmland in the state of South Dakota. Hyperion has no plausible possibility of building a refinery, much less a ‘green’ refinery; a state of the art refinery; even a remote possibility of a refinery, yet people continue to hope against hope that this will happen.
If Hyperion did have the money, which I doubt, they don’t have the skills or expertise to continue this folly. Oh, I forgot the most important aspect of this trip to Disneyland. OIL – or a pipeline to carry the oil, or the financial backing to build this messiah. It is promising the moon, and can’t afford a trip to Florida.
I do believe this; the land is worth considerably more than the $4,000 or $5,000 it was optioned for. I’m confident it could be sold for $6,000 to $7,000 easily right now today. So what is all the fuss about? Hyperion has tied up these people’s land for another 6 years. 3 one year extensions with the option for 3 additional one year extensions. This just doesn’t make any sense.


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