Drilling Boom Revives Hopes for Natur...

Drilling Boom Revives Hopes for Natural Gas

There are 16 comments on the www.nytimes.com story from Aug 24, 2008, titled Drilling Boom Revives Hopes for Natural Gas. In it, www.nytimes.com reports that:

American natural gas production is rising at a clip not seen in half a century, pushing down prices of the fuel and reversing conventional wisdom that domestic gas fields were in irreversible decline.

Join the discussion below, or Read more at www.nytimes.com.

Lance Winslow

United States

#1 Aug 24, 2008
Now, if we can just get them to drill for oil in more of those existing leases...
just little old me

Albuquerque, NM

#2 Aug 24, 2008
Another story supporting the notion that the most reliable source of natural gas is "information" put out by the media....
Hello

Las Vegas, NV

#3 Aug 24, 2008
Why would people want to lease their rights? They will tie up the land for 100 years so they can control the gas prices fo you and pay you 0. And while they suck up all the oil under your land...How much of the Native American royalty has been paid?
Hello

Las Vegas, NV

#4 Aug 24, 2008
That way everyone gets equal rights on your property while you get nothing...I guess that's the American way....Have to Cap on someone...
Hello

Las Vegas, NV

#5 Aug 24, 2008
Or fill out a po report for aid...on your money...
pbear

Tripoli, Libya

#6 Aug 24, 2008
Hello wrote:
Why would people want to lease their rights? They will tie up the land for 100 years so they can control the gas prices fo you and pay you 0. And while they suck up all the oil under your land...How much of the Native American royalty has been paid?
Hello, Why would you not want to lease your land. Do you plan on drilling yourself. If you don't lease you get no money. A lease is generally for 3 years. If production is established then the lease continues until production is finished. I don't know how much the Indians have recieved in royalty, I do know they make a killing on bingo and gambling.

Since: Feb 07

Location hidden

#7 Aug 25, 2008
Drill Now, Drill Here, Use Here.

Since: Jul 07

United States

#8 Aug 25, 2008
there is alot of natural gas already available - build pipelines to get it to where it is needed
john k

Ramsey, NJ

#9 Aug 25, 2008
federal courts ruled gov must pay back total, devon and anadarko energy companies 1.1 billion for leases off california coast. they prevented them from drilling after purchasing leases. another example of the liberal b.s.

Since: Jul 07

United States

#10 Aug 25, 2008
john k wrote:
federal courts ruled gov must pay back total, devon and anadarko energy companies 1.1 billion for leases off california coast. they prevented them from drilling after purchasing leases. another example of the liberal b.s.
Then we should be able to look at all their books and examine all records of exploration before we pay. Prove they lost 1.1 billion - or is that actual cost of the leases? If it is we didn't lose anything and it is a wash. They should have prepaid it. The leases should be worth more now. Why is this an example of liberal BS? Becaus business wise we may have made some money on the leases without opening them up. Damn a positive balance on the books again.
john k

Ramsey, NJ

#11 Aug 25, 2008
wyojake wrote:
<quoted text>
Then we should be able to look at all their books and examine all records of exploration before we pay. Prove they lost 1.1 billion - or is that actual cost of the leases? If it is we didn't lose anything and it is a wash. They should have prepaid it. The leases should be worth more now. Why is this an example of liberal BS? Becaus business wise we may have made some money on the leases without opening them up. Damn a positive balance on the books again.
those companies paid the leases to drill. then they were not allowed to drill. lawsuits? the courts ordered they should recieve their money paid to lease and drill back. it just proves that even though companies pay for leases they are not allowed to drill. agree, the transparency is a problem. drill or lose it bill? well with this lease they were not allowed. did this come under the anti drilling ban? don't know. the oil companies have always said that countless lawsuits prevent them from drilling and that pelosi and reid say this is not true, so what is it? they can only drill where they want them to? pelosi and reid say they lease and don't drill because the oil companies say it is not viable. the oil companies hold the leases regardless. why? can they get their money back?, or do they keep buying leases because its worth more in the ground to them. for them to pay for a lease to drill and not be allowed to drill is extortion to a degree. is there something i'm missing here wojo?

Since: Jul 07

United States

#12 Aug 25, 2008
john k wrote:
<quoted text>those companies paid the leases to drill. then they were not allowed to drill. lawsuits? the courts ordered they should recieve their money paid to lease and drill back. it just proves that even though companies pay for leases they are not allowed to drill. agree, the transparency is a problem. drill or lose it bill? well with this lease they were not allowed. did this come under the anti drilling ban? don't know. the oil companies have always said that countless lawsuits prevent them from drilling and that pelosi and reid say this is not true, so what is it? they can only drill where they want them to? pelosi and reid say they lease and don't drill because the oil companies say it is not viable. the oil companies hold the leases regardless. why? can they get their money back?, or do they keep buying leases because its worth more in the ground to them. for them to pay for a lease to drill and not be allowed to drill is extortion to a degree. is there something i'm missing here wojo?
Please don't take one lease and make it the entire industry. ok?

Since: Feb 07

Location hidden

#13 Aug 26, 2008
Hope? Nope!
Get the the work done, The pay off will be in the ability to buy America back from OPEC.
john k

Ramsey, NJ

#14 Aug 26, 2008
wyojake wrote:
<quoted text>
Please don't take one lease and make it the entire industry. ok?
leases were between 1979 and 1984.

Since: Jul 07

United States

#15 Aug 26, 2008
john k wrote:
<quoted text>leases were between 1979 and 1984.
They took their shot. All leases are a gamble. It was right to give them back their money due to influences beyond their control. Agreed. Fact of the matter is how many other leases which are already approved for drilling are sitting idle. Won't go into the numbers - am sure you are aware of them. Reason most natural gas wells weren't being drilled is a delivery system and infrastructure will catch up someday as it is now with more pipelines and it will pick up again.
Nana

Ghana

#16 Aug 26, 2008
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