And folks wonder why I'm agin anymore pipelines comin' down from Canada.
Uh-huh. And I bet those hungry NG consumers over there in Asia are really salivatin', being as they can't wait to cha-ching some of that B.C. LNG into docking at their ports.
Nope, us La. NG landowners just can't seem to win for losing, can we?
Sigh. I wonder if NG could become cheaper than free.
You mean like when mineral owners start receiving bills in the mail for their proportion of production rather than royalty checks..?
Shhhhhh... don't give em any ideas...
Better to elect folks to the decision-making chair who understand the weight and magnitude of USA becoming independent of outside fuel sources.
So........for those who are unleased, I guess it's worth waiting it out until we see $30,000 per acre again......like maybe 3012?
Very funny, parker! I think natural gas will rise in price sufficiently for companies to start seriously drilling the Haynesville in 18 to 24 months. The shale is still a world class asset and although bonuses will not approach $5K IMO they could well be over $1K per acre which we all thought was a big bonus before the Haynesville.
I'm presently leased. Just a tongue in cheek, reminder to folks who think it's extremely valuable if it's in the ground.
There are always folks who think the present BIG THING is the ONLY EVER big thing and their piece of it is worth a fortune.
Shall I mention Dutch tulips, California Real Estate and Beanie babies?
Mineral rights are just like owning stock. It can be climbing or declining but it is ONLY WORTH WHAT A WILLING BUYER AND A WILLING SELLER NEGOTIATE FOR IT.
I'd like to invest in California shale beanie babies with dutch tulip themes...