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$2.429 Gas (Retitled): "We Report, You Decide"
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[QUOTE]Originally posted by Mike Smith: [QB] Please disregard MargaretSPfan. She does not know what she is stating. Fracking happens 2 miles (over 10,000 feet) below the surface. Water is 100 to 400 feet below surface and most places have converted to surface water. There is little to no damage to the ecosystems in South Texas. Also, we are sitting on over 2 trillion barrels of oil in the USA, enough to last us for 200-300 years. If the oil companies can make over $60 a barrel, they are making money, and so are all the mineral rights holders. If you had oil under your land, you can get 22% to 25% royalties for the oil pumped out of your land. There are land owners (former farmers and ranchers) that are now making around $15,000 A DAY! in South Texas, thanks to fracking. Every business owner is getting fat in South Texas, because everyone is spending money like there is no tomorrow. Our State is flush with tax dollars, the counties and cities are flush with sales tax dollars and EVERYONE is happy! [/QB][/QUOTE]
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