How could go wrong. Easy failure to purchase land when it was 50 bucks and acre now over 3K .
The gas companys have also paid for the rebuilding of county roads Added black top for width and new culverts for drainage of the right of way.
That may have been the case, where folks could have purchased large tracts years ago, however, that is not the case here, typical ag land is selling between 2-5k an acre..before the gas boom. Therefore, someoe drilling on 20 acres can easily effect the values of nearby owners properties, those large tracts are not as common here as they are in texas and arkansas. I have a lot of family in arkansas, and am aware of some lease prices in the magnolia area, I am also familiar with the large tracts of family owned properties, and paper company tracts. What is good for ya'll is not always the best thing for everyone else.
Referring to gas companies making new roads and maintaining roads, I am sure a majority of that maintence, is payed for by GAS TAXES, implemented by the state. Currently we are the only state in the union not to tax gas, therefore, we pay for road repairs from state and local taxes, all the while we cut education.
All the gas men coming into the area are building new houses to live in. College is teaching gas industry courses and the men that take the coures are hired at a wage well above the normal adverage.
Town of Conway now has a growth that is the fastest growing city in This part of the nation.
including all the towns along the highways.
This will be short lived, much like the gas boom in houston of the 70's and 80's. Once the drilling is completed, the locals will be held to the new tax base, then where ya gonna find the money? Its short lived income for the area. It will be a matter of time for the boom to settle, then you and your family will be holding the bag, higher taxes, combined with potential health effects from the ones that did as they pleased and got away with it, as some have stated here, the lesser known companies with little to loose.
Maybe you think it should of been turned down so we could go back to a rural low income blited part of the state.
From my looking at PA. is there any part of Western of the state the coal companys have not trashed.with waste dumps and old looking towns. lack of tree and grass.
ken
That is the point, Pennsylvania has already seen the coal boom, we know first hand how the coal companies sold it to the land owners, the same way the gas compaies are selling it, they took what they wanted, then left the sate in the mess its in, we have lived the dream 50 years ago only to see the lasting effects. We have heard it all before how good it is. And quite honestly, the long term effects on peoples health, property values, and the environment outweigh any short term gains, except for 1% who profit.
