Don't
Own Your Minerals
Actually, this exciting opportunity provides many
benefits to all of us. Consider the growing energy
needs of the nation and the world, the increasing
concern about environmental pollution and greenhouse
emissions, as well as continued domestic issues
related to dependency on foreign resources. The
Barnett Shale represents an incredible resource
that is cleaner burning, better for our air and
locally abundant. This creates a powerful economic
surge that can enhance our quality of life in
ways you might never have imagined. Together,
we’re Helping Move America’s Resources!
Q. Why should I
care about urban gas drilling?
A. Whether or not you own mineral rights, the
Barnett Shale is an incredible opportunity for
everyone in Tarrant, Johnson and many other counties.
It provides increased economic growth, new jobs,
and new revenue streams for a vibrant business
climate which will make our communities a better
place in which to live. If you’re a business owner,
your customers have more money to buy your products
and services. If you’re an employee, you have
an opportunity to increase your earnings as your
employer’s profits increase. If you’re a student,
schools can provide more equipment and facilities
to you through the revenue they receive. If you’re
a resident, you can benefit from the increased
services your city can provide with revenues received
from the oil and gas industry.
Q. How does natural
gas benefit me?
A. In addition to fueling the local economy, domestically
abundant natural gas helps fuel the power needs
of the country and reduces our dependence on foreign
resources. Natural gas is the cleanest-burning
fossil fuel, burning 43% more cleanly than coal
and 28% more cleanly than oil, aiding in the reduction
of global warming and greenhouse emissions. In
addition to warming your home, heating your water,
or cooking your food, natural gas can fuel electricity
plants, so even all-electric homes can benefit
from natural gas.
Q. How will natural
gas drilling affect my property value?
A. Urban drilling is a relatively new concept
that has been made possible through horizontal
drilling techniques, so the long-term effects
have yet to be determined. However, there is zero
evidence to indicate that nearby completed wellsites
will have any negative influence on property values.
And mineral rights ownership can actually increase
your property’s worth to you.
Q. What is the
economic impact on my community?
A. According to noted economist Ray Perryman,
the Barnett Shale is now responsible for more
than 55,000 permanent jobs and $5.2 billion in
annual output - and the numbers continue to grow.
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