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Rush for Natural Gas Enriches Corner of the South(Haynesville Shale)
NYT ^ | 07/29/08 | ADAM NOSSITER

Posted on 07/29/2008 5:16:30 AM PDT by TigerLikesRooster

Rush for Natural Gas Enriches Corner of the South

By ADAM NOSSITER

MANSFIELD, La. — They had to repeat the amazing number, $28.7 million, over and over, to make sure it was real and would not go away. Even then, the members of the De Soto Parish Police Jury — the county commission — could hardly believe it.

They laughed, rocked back in their chairs, shook their heads, stared at the ceiling and muttered oaths to each other. “We have — $28.7 million,” said the president, Bryant Yopp, to settle the matter, definitively if still incredulously. It was nearly one and a half times the parish’s entire annual budget.

A no-holds-barred, all-American gold rush for natural gas is under way in this forgotten corner of the South, and De Soto Parish, with its fat check from a large energy company this month, is only the latest and largest beneficiary. The county leaders and everyone around them, for mile after mile, over to Texas and up to Arkansas, in the down-at-the-heels city of Shreveport and in its struggling neighbors, suddenly find themselves sitting on what could prove to be the largest natural gas deposit in the continental United States.

(Excerpt) Read more at nytimes.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: commodity; energy; haynesvilleshale; naturalgas
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What can save U.S. could come from ground, that is, gas, oil, coal, and crops.

1 posted on 07/29/2008 5:16:31 AM PDT by TigerLikesRooster
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To: TigerLikesRooster; Uncle Ike; RSmithOpt; jiggyboy; 2banana; Travis McGee; OwenKellogg; 31R1O; ...

Ping!


2 posted on 07/29/2008 5:17:17 AM PDT by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)
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To: TigerLikesRooster

Queen Nancy will NOT BE PLEASED! THIS MUST BE STOPPED!!!!..........


3 posted on 07/29/2008 5:26:01 AM PDT by Red Badger (If we drill deep enough, we can reach the Saudi oil fields from THIS side..........)
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To: TigerLikesRooster

Well, I’m happy for the drilling, not so much with a small parrish board having 28.7 million bucks burning holes in their pockets...talk about a slow motion train wreck that is about to happen...how long before they vote themselves raises..


4 posted on 07/29/2008 5:29:27 AM PDT by padre35 (Conservative in Exile/ Romans 10.10/Eze 11.2)
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To: padre35

You sound like a “Big Oil” hater. Did you begrudge the property owners out west who got their first big royalty check from the oil on their property also? Conservative, my foot.


5 posted on 07/29/2008 5:35:49 AM PDT by GrannyK
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To: TigerLikesRooster

If you bring forth what is within you, what you bring forth will save you. If you do not bring forth what is within you, what you do not bring forth will destroy you.


6 posted on 07/29/2008 5:36:48 AM PDT by SlowBoat407 (ANWR would look great in pumps.)
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To: TigerLikesRooster

Dear God, don’t let the RNC see a picture of black men working on an oil rig in the middle of AMERICA, it might make them think that jobs happen when people drill on American soil. Please Please Uncle Remos don’t let the RNC or MCCain realize that jobs like steel transportation, from American factories, rig leases, water and of course heavy equipment all use American know how. Please Please please don’t let anyone else hear about royalty checks and what they mean to our economy. Oh please God don’t let the good news of prosperity, where there is oil and gas, be mentioned - ever, it would confuse these poor people at 310 Frist ST.SE in Washington DC. /rant off


7 posted on 07/29/2008 5:46:53 AM PDT by q_an_a ( that is right not out in public in the media in mialings to citizens ther)
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To: GrannyK

You sound like a Big Government lover, as if this small Parrish Board’s unexpected windfall won’t cause them “issues”.

Conservative indeed.

IMO it would be better if the money was put into a Trust for Scholarships for the local High School, not into the Board’s Bank Account to spend on whatever they feel like.


8 posted on 07/29/2008 5:56:00 AM PDT by padre35 (Conservative in Exile/ Romans 10.10/Eze 11.2)
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To: TigerLikesRooster

I believe it will not be long before the media attempts to paint the energy companies buying up these mineral rights as “stealing” them.


9 posted on 07/29/2008 6:19:14 AM PDT by 101voodoo
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To: padre35
"Well, I’m happy for the drilling, not so much with a small parrish board having 28.7 million bucks burning holes in their pockets...talk about a slow motion train wreck that is about to happen...how long before they vote themselves raises.."

Should they not have received the money?

10 posted on 07/29/2008 6:19:14 AM PDT by 101voodoo
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To: 101voodoo

For myself, I would have preferred if the money went into a designated Trust instead of the Parrish’s General Fund, that is an open invitation for mischief IMO.

I love the drilling and the extraction, I’m glad there are Royalties being paid, but I do not like the idea of “Christmas comes early for the local County Commission”..


11 posted on 07/29/2008 6:22:16 AM PDT by padre35 (Conservative in Exile/ Romans 10.10/Eze 11.2)
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To: TigerLikesRooster

“Could” is the right word. San Fran Nan is doing everything she can to stop rational energy legislation.


12 posted on 07/29/2008 6:27:40 AM PDT by FreedomPoster (Obama: Carter's only chance to avoid going down in history as the worst U.S. president ever.)
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To: TigerLikesRooster

Bump for later.


13 posted on 07/29/2008 6:27:40 AM PDT by painter (If you like $4/gal, Thank democrats in Congress!)
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To: FreedomPoster
I suppose, if McCain goes down to Shreveport and do drilling himself wearing a hard hat, it could become an election winner. Would he do that, though?
14 posted on 07/29/2008 6:30:26 AM PDT by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)
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To: padre35

I think I would agree with you on the money going into a trust.


15 posted on 07/29/2008 8:19:06 AM PDT by 101voodoo
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To: TigerLikesRooster
But everyone knows that the Ju Ju Beans in New Orleans is so impovished.
16 posted on 07/29/2008 8:55:50 AM PDT by tobyhill (fraud -noun;(1)deceit, trickery, sharp practice, or breach of confidence, (2) Obama)
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To: TigerLikesRooster

Start using natural gas for automobiles and trucks. Just like T Boone Pickens say. Natural gas needs no refining (unlike oil refined to gasoline) to burn in internal combustion engines

Start with fleet vehicles such as the Post Office and UPS


17 posted on 07/29/2008 8:59:20 AM PDT by dennisw (That Muhammad was a charlatan. Islam is a hoax, an imperialistic ideology, disguised as religion.)
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To: TigerLikesRooster

Hmmm...Think outboards and Inboards can run on NATURAL GAS. I would love to see if methane gas (from landfills) could be used as energy for boats.


18 posted on 07/29/2008 9:04:43 AM PDT by RightWingTeen (Caution: homeschooled teen with a Brain that works - LIBERALS you can't control me!!)
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To: TigerLikesRooster
This "gas play" is of personal interest:

Our land is just southwest of the point where the three state boundaries intersect (barely inside Texas).

Good basic info (incuding the above map) is available at http://geology.com/articles/haynesville-shale.shtml.

19 posted on 07/29/2008 9:22:11 AM PDT by TXnMA ("Allah": Satan's current alias...!!)
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To: TigerLikesRooster
Hmmm... The geology.com website apparently prevents "hotlinking" to their (map) image from another website (FR). The map is viewable on their website...
20 posted on 07/29/2008 9:29:07 AM PDT by TXnMA ("Allah": Satan's current alias...!!)
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