Excerpt: (full article here)
"Why the bullish call on natural gas?
It is without question that natural gas is the future, dominant player in a cleaner fuel economy in this country. We will always be dependent on oil, but in the decade ahead we will see usage of natural gas increase on many levels. I believe Exxon (XOM) sees the future clearly and knows that at some point we will see shortages of oil and is going to invest more in natural gas. Compared to oil, natural gas production is dirt cheap."
Then, why haven't they started leasing again???? What's the hold up? Are they waiting to see what the economy is going to do?
Yep, I agree. And yes, I would love to have a good lease and better yet, I would love to be leased and have a really, really, really good well come into production that I am a part of. Unfortunately, I've had several ups and downs since 2007 and lots and lots of promises that never came about....I'm just a very impatient person by nature.
I guess God is teaching me and I am learning patience through all this.
Thank you, thank you, THANK YOU for the encouragment Marg. I needed to hear that and it's always good for the heart to read encouraging words.
I am not anxious for a lease at all in this economy. The offers just are not very good now,, (at least the ones I've been offered) with gas prices as low as they are.
I am hopeful that we will get a new administration in a few years with sound policies that WILL get our economy turned around and help the oil/gas industry thrive.
Thank God for the last election last November! Is that too political for the front page?
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
ContinuePosted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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