Kan. oil boom gives boost to some, but not othersMaybe Obama can implement some Social Justice and take money from those who have gained and redistribute it to those who have not.
Posted on 08/13/2012 8:11:56 AM PDT by thackney
A southern Kansas oil boom that started two years ago has given landowners an infusion of cash from lease payments and boosted local governments and businesses.
Largely out-of-state oil companies have drilled hundreds of horizontal wells in places like Sumner, Harper, Barber and Comanche counties, delivering an enormous financial boost.
...
The revived oil industry and establishment of wind farms have meant an increased number of lease payments in the hands of local governments. The energy boom also has resulted in land values along the state’s southern border climbing sharply.
The Kansas Department of Revenue says total assessed value of Harper County land rose 33 percent between January 2010 and January 2012. Barber County’s assessed value went up 34 percent and Comanche County’s rose 27 percent during the same period.
But not others? Really AP? No doubt those others are mainly minorities.
I have seen something about an oil boom in Kansas,,,,is that shale ?
http://www.freerepublic.com/focus/news/2908779/posts?page=4#4
Ping
Presumably, AP is referring to non-landowners as not being in the loop for cash windfall.
Oil companies are leasing land like crazy all over Texas. Lucky for US consumers, there will be new supplies of oil and gas entering the pipeline, unless Obama is re-elected, of course.
Women, minorities, illegal aliens, poor pepole, gays/lesbians are the ones hardest hit by all of this.
Not shale, according to my reading. I was raised in the oilfield in southern KS, dad worked for Texaco as a pumper. The geology of interest is the Mississippi Lime and it’s horizontal drilling that is opening it up. My understanding is it’s a relatively soft formation that makes for quick drilling after turning horizontal. This formation covers much of southern KS/northern OK where there’s been production dating back to the 1920s. In OK, the area covered starts in Osage County and goes west for nearly a hundred miles. The area is mirrored along the KS state line to the north with the counties mentioned in the article.
I agree...but why don’t these non-effected individuals move there and take jobs (although, the illegals who move there should be deported)? Saying this, I realize that many of these people feel that “work” is demeaning.
They’ve expanded into parts of southwestern Kansas as well. I knew down in Comanche they’ve been drilling for years, but they have recently been invading Ford County as well. Dodge City’s occupancy rates for hotels have been maxed for awhile, they can’t build housing or hotels fast enough there. In fact before I moved out of the area last may the only place I could find to live that was reasonable was at a seasonal camping spot that had gas, water and electrical hook ups.
Woods said she pays $400 a month for a rental house, but has to move because the home is being sold. A similar house that she looked at is renting for $1,000 a month, she said.
She should get a job with the oil companies..
The areas of active drilling can be seen here.
http://gis.bakerhughesdirect.com/RigCounts/default2.aspx
The shale questions was from an earlier discussion. I just reposted it here to remind the original poster.
65% of these are vertical wells currently being drilled.
Applicants passing the drug test is a problem for many oil/gas companies. Studying up the night before rarely helps in passing the test.
“The ones that are getting money (from the oil boom) are enjoying it,” she said. “The ones who aren’t don’t like it so much.”
What can one say in the face of such ironclad logic?
She should get a job with the oil companies.
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Good idea...
When R Byrd ‘moved’ all the Fed Jobs to WV how much do you think the ‘locals’ got out of the deal?
Would imagine most of the employees of IRS were more than happy to get out of Northern VA/MD DC suburbs and DC high cost of living to relocate in the much cheaper Charlestown/Ransom/Harpers Ferry area (at our expense)....
Of course, with all the ‘Outlanders’ coming in the locals got to pay the extended real estate taxes, the new infrastructure as in roads, sewers etc and the rising rates that ‘new money’ brings to an area.
So basically, for a few guards, janitors and lower scale jobs they get to share the brunt....
or, as we’ve seen with the shale gas boom here in Pennsylvania...
Poorer folks tend to live in the cities or in old steel towns in the valleys. All of these places are run by Democrats. Democrats are in bed with the Environazis. So they pass local ordinances pretty much banning any attempt to drill within city limits. Depriving the very people who could most benefit from being able to exploit the value of their own properties.
Amen to all you say.
Kan. oil boom gives boost to some, but not othersMaybe Obama can implement some Social Justice and take money from those who have gained and redistribute it to those who have not.
Thanks for the GIS link - that was interesting.
No, it’s a new type of regular drilling.
The “others” in the story are local home renters. The story also claims the oil boom is hurting agriculture by raising land prices. That’s a real stretch. Land prices are way up, but not because of oil leases. Mineral rights can be sold seperately from the land itself. As usual the reporter is a leftist idiot.
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