Sunday, August 23, 2009
North Texans in Barnett Shale feel effects of sinking natural gas prices
Natural gas prices are at their lowest in seven years. People in the oil'ngas industry and the citizens who receive royalty checks (from leasing their mineral rights) are seeing considerably less activity. September contracts for natural gas traded as low as $2.80 per MMBtu on Friday -- a combined effect of the recession and of supply and demand.
Posted by Sarah
Email
|
Print
|
3 Comments
|
Contribute
|
- »Fort Worth ISD honors 129 Superintendent Scholars
- »Lockheed Martin gives first new F-16 to Pakistan
- »Barbecue report: Cousin's Barbecue on Bryant Irvin Road in Fort Worth
- »Covey Restaurant & Brewery to hold second annual Covey Oktoberfest October 9-10
- »Serial bank robber gets down to business in Fort Worth
-
»Fort Worth filmed Gasland documentary accepted to Sundance Film Fest
-
»Denton City Council approves gas drilling near residential areas
-
»Protests in Denton continue over natural gas drilling
-
»Dallas-based Energy Transfer Partners completes Texas Independence Pipeline
-
»Chesapeake Energy admits North Texas earthquakes may, in fact, have been caused by gas well drilling
|
an event
|
a restaurant
|
|
a garage sale
|
a drink special
|
|
a movie showtime
|
local music
|
a job
|
a house
|
|
a deal
|
a pet
|
- »Favoriting contest: South Pacific at the Winspear
- »In defense of the Dallas Morning News' new GM plan
- »Free your mind, and the rest will follow
- »Commenting contest: Home for the Holidays Musical at Palace Theatre Arts Center in Grapevine
- »Special event: Join Teresa for a special Chef's Tasting at Masaryk
ch0, says:
Heck, they never even started drillin' the hole they paid us to sign for! I sure could use that extra $2.80 right about now...
Anonymous
3 months, 2 weeks agoLink to this comment | Suggest removal
FWSoccerDad, says:
Too bad you obviously have no clue what you're talking about. Why even post when you're knowledge is extremely limited?
Anonymous
3 months, 2 weeks agoLink to this comment | Suggest removal
Mike Orren, says:
What did we get wrong FWSoccerDad? Based on your email addy, it appears you work for an oil and gas company focused on the Barnett Shale, so you should certainly have enough info to set us straight.
Staff
3 months, 2 weeks agoLink to this comment | Suggest removal