The Trump Files: When Donald Struck Oil on the Upper West Side

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This post was originally published as part of “The Trump Files“—a collection of telling episodes, strange but true stories, and curious scenes from the life of our current president—on July 18, 2016.

Donald Trump, oil tycoon? That’s what it sounded like in 1985, when Trump announced he had struck oil on a sprawling vacant lot he owned on Manhattan’s Upper West Side.

”Isn’t it amazing?” Mr. Trump told the New York Times. “It’s a classic major oil find in Manhattan.”

Not quite. The oil wasn’t from an ancient crude deposit hiding beneath the city. It was actually spilled and leaked leftovers. The property used to be a rail yard. “The bulk of the find is No. 2 diesel oil for locomotives,” the Times pointed out.

New York environmental officials estimated there were perhaps 100,000 gallons of oil on the property. That’s enough for 2,380 barrels—about 0.0003 percent of what the United States now produces in a day. But that didn’t seem to dampen Donald’s enthusiasm. He claimed he was already getting calls from Texan oil barons about his huge find. “We could be pumping here for years,” he insisted.

 

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That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

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