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Malled: Oil-Rich Beverly Center?

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Photo via Bloomberg

Talk about a retail oddity. Per Bloomberg via Defamer, the Beverly Center is a well-oiled shopping machine:

"Beverly Center's kidney-bean shape was designed to accommodate drilling. It's one of two sites within blocks of Beverly Hills, a city of about 35,000 where Houston-based Plains, the fourth-biggest producer in California, is expanding. The 26-year-old mall houses 160 retailers, including Gucci, Louis Vuitton and Burberry. Pumping operations are hidden behind a wall between Macy's and Bloomingdale's."

Huh? Per the mall's General Manager Jeff Brown: "There are oil wells all over the place. Drive down the street, you see hotel, beautiful house, oil well. Here, I don't know if shoppers know there's one or not. They probably don't." Apparently, record high oil prices have companies tapping more from California's resources, a state which is "the fourth-biggest U.S. producer of crude..."
· The Beverly Center Will Drink Your Milkshake! [Defamer]