Sorry i can't add a video link of his remarks... and despite my misgivings about Chesapeake... Aubry McClendon should be commended for all the things he said on CNBC this afternoon. I just wished he'd taken it a lot further by slamming congress and the administration's lack of leadership on energy policy. His bottom line... we are paying many countries that hate us... billions of dollars a year for oil when we could be energy independent with our own supplies!!!!! It's so DANG FRUSTRATING! Maybe i should have added this to the Why are we so STUPID discussion.
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Agreed. I have another well about 5 miles away from this one and it is paying towards a $1 more per mcf. The sad thing about it is, I would be getting paid by EnCana and SWEPI like my other well, but I leased to Chesapeake and they had decided to participate in the Jimmy Ray Brown well.....so I get paid by them. But let me say this, I am appreciative to God for everything I have received and feel blessed because I never expected any of this. So, I will choose to remain grateful and look on the upside.
On an additional note, I do not understand how the gas companies can still be adjusting you current month payment by adjusting your prior month figures by price and volume. Makes no sense to me.
Donna,
I too did not expect any of this to ever happen to me. It is truly a blessing from God, and just like you, that is how I choose to look at it. I know I am one of the lucky ones, and I thank God everyday for this wonderful blessing. I just wish Chesapeake would do like all the other operators and sell "our" gas on the open market instead of selling to their affiliate at a much lower price. That would put all lessors on the same playing field. That's the right thing to do!
Have a great day!
Linda
You are so right on each point! That kind of sounds like colusion. You have a great one too.
Donna
For the forlorn Lessor,
From a few points-of-fact I pick up, these actions
(buying--re-selling, ad profitum),
may constitute "Daisy-chaining"---
one of the tactics of choice during the 1971-81(January 28) price controls.
Old gas--oldold gas, OldNew gas, ... New Old Gas,...
the Game was played
IANAL,
... but I Was a Young Gasser during those Bad Old Days...tossed in the Waves.
Emoticon: Non-plussed, but Not surprised.
;) --GB.
ps Thanks, Mr. McClendon.
Hey GB, where ya been lately? How's Client??
LW
Client is finishing details on his new BASS BOAT, for Black lake.
24 foot, pontoon Party Barge.
He wheels and I deal.
His lease has been extended... my concurrence...IANAL....
He has Spring fever; IMHO... Gas fever?
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