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 parishs 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 ...
What can save U.S. could come from ground, that is, gas, oil, coal, and crops.
Ping!
Queen Nancy will NOT BE PLEASED! THIS MUST BE STOPPED!!!!..........
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..
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.
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.
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
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.
I believe it will not be long before the media attempts to paint the energy companies buying up these mineral rights as “stealing” them.
Should they not have received the money?
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”..
“Could” is the right word. San Fran Nan is doing everything she can to stop rational energy legislation.
Bump for later.
I think I would agree with you on the money going into a trust.
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
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.
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.
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