with the introduction of oil biomes (by forestry), setting up next to one of those would be ideal. i'm sure by the time 1.6 comes out, xcomp will have added this biome into his mod, and you may not have to deal with decay or instability provided you write a stable age.
Oil biomes are added by the latest Buildcraft, not by Forestry. But yes, the oil biome pictures look amazing.