Friday, July 22, 2011
Natural Gas Operations
It's great to hear about all the benefits that the Eagle Ford Shale has granted the area: energy company CEOs swoosh in by helicopter to hand the community college a big check; the college offers training for would-be shale play employees; land owners make a killing leasing their land; communities are flush with new revenue that comes from taxes; people sell water to the drilling companies at a premium price; motels, stores, and eateries are hopping with customers; new businesses open up; jobs are available; and everybody is happy.
But if something sounds too good to be true, then it must be.
It's easy to get caught up in the whirlwind of good fortune. But there has to be a downside, especially when so much money is involved.
Time will tell if all this activity is a boom or bust for us and our environment.
Posted by KeyRose at 3:24 PM