As title says do we have some prolonged issues buying home near by oil rigs? In long beach, my relative is looking for a home, not immediately.
The location is signal hill, a small mountain, but has 125 or more oil rigs in that city. Every street has two or three rigs - next to next with businesses, homes etc. Most of them will be closed soon.
In addition, the actual hill has some oil spill over long time before and they stopped the oil rigs (dormant rigs) and built homes.
Orange County in the 1920s was full of oil derricks.
The ocean water in SoCal still has an oily smell when you break the surface coming out of the water. Old people get the most cancers. But why risk it. People of other beach front property, especially including pristine Lake Tahoe. Would you want to live at an abandoned gas station…. That’s Orange County. I kept my boat for a couple of years in Huntington Harbor. We would boat all over. There are still man made islands in Long Beach pumping oil.