blogwriter's blog

15th October 2012

Fayeteville Shale / Environmentalists????? What's Up!

Posted by blogwriter

The Arkansas Public Service Commisson began hearings yesterday October 13, 2012 on the proposal by SWEPCO and the Arkansas Electric Cooperatives to be allowed to charge ratepayers more than $400 million to retrofit their Flint Creek coal-burning generating plant so it can meet stricter air quality standards. Read more »

10th October 2012

Why Sell Oil and Gas Royalties? Perhaps This Will Give You Pause for Thought Why.

Posted by blogwriter

What advantages are there to selling my royalties for a lump sum payout?

 Cleaning up your estate and saving your heirs from the complicated and expensive title transfer process.

Reinvesting the proceeds into safer investments.

Putting an end to all the record keeping and paperwork.

Taking advantage of one of the lowest long-term capital gains tax rate since the Great Depression while it lasts. Read more »

5th October 2012

Positive US Economy Reports = Oil Up!

Posted by blogwriter

Oil prices rose Thursday October 4, 2012 after positive U.S. economic reports offset some of the pessimism about global growth prospects.
 
Benchmark oil for November delivery was up 20 cents to $88.33 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. On Wednesday, oil fell $3.75, or 4.1 percent, to $88.14 per barrel in New York. That was the biggest decline since May 4.
  Read more »

3rd October 2012

Even With Fewer Drill Rigs = Shale Production Continues to Rise and Rise!

Posted by blogwriter

The number of drill rigs operating in Pennsylvania's Marcellus Shale may be declining, but production keeps going up.

Natural-gas output increased robustly during the first half of this year, according to state Department of Environmental Protection data. And industry observers say the output will continue to rise because so many wells are waiting to be connected to pipelines. Read more »