Pro's and Con's of HB1684 lets hear your's

Pro's

transparency and trust between two parties

More money for Pennsylvanian land owner= more money into local economy

more jobs for Pennsylvanian

more taxes for improvements, Schools, Roads, The money stays here

rise in land values

 

Con's

 

Landowners angry distrust of OGC

Money leaves the state for Oklahoma to improve their state

gas company strangle grip (power) out of control

reduction in land values which is already happening

 

 

Feel free to comment

 

 

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Replies to This Discussion

Permalink Reply by Frank Walker on March 19, 2014 at 10:30am

It's a shame they were unable to legislate some retroactivity into the thing.  Many landowners have been cheated out of millions of dollars by Chesapeake, and possibly other gas companies.  Now the gas companies will be able to keep those ill-gotten spoils.  It's a shame.

But at least going forward there will be some relief for beleaguered landowners.  And if Chesapeake challenges 1684 in court, we can simply shut down drilling entirely, municipality by municipality.  The PA Supreme Court has already ruled on that.  Why should any municipality allow drilling if the gascos operating there are unwilling to pay the PA state minimum 12.5% royalty and prefer instead a court challenge!!  The gas belongs to US, not to the gas companies.  

Permalink Reply by wyalusing jim on March 19, 2014 at 11:04am

there will be no relief for landowners with signed leases, only going forward with new leases signed after it passes.

the retroactive part of this new law is unconstitutional and will be thrown out when the courts get it.

unfortunate though it may be, laws may not be passed that retroactively amend contracts which were legal at the time they were signed.

wj

Permalink Reply by PHILIP ANGELO on March 19, 2014 at 11:08am

your right all those leases that where wrote with ppc that bring royalty down below 12.5% will be null and void they are not legal

Permalink Reply by wyalusing jim on March 19, 2014 at 11:14am

no chance.

wj

Permalink Reply by PHILIP ANGELO on March 19, 2014 at 12:01pm

Jim are you and Frank Walker friends or do you stalk him, I see every time he post you follow up with some comment

Permalink Reply by wyalusing jim on March 19, 2014 at 12:15pm

actually, my posts were in response to yours and matts inaccurate and misleading posts.

I don't have any idea who frank walker is, although he often posts the same sort of nonsense as you 2 did in this thread.

I suggest that you read this bill so that you do not give others the wrong impression of what it is about. after that, take a look at the pa. and u.s. constitutions and try to understand that what you and others are hoping for, can never be.

wj

Permalink Reply by Barth A. Levy on March 24, 2014 at 4:01pm

I don't know of any contract that mentions a specific amount or a rate for the calculation of post production costs to be deducted from a landowners royalties.  The drillers keep their contracts sufficiently nebulous so they can do whatever they want.  The way I see it, by not mentioning an exact rate of deduction for the post production costs in their contract with the landowners, the deductions should not be allowed to reduce a royalty payment passed the legal limit of 12.5%. This being the case, the 12.5% limit should apply to all contracts no matter when they were signed.

274fe3cm60wnmPermalink Reply by 274fe3cm60wnm on March 19, 2014 at 11:08am
Permalink Reply by Darlene Newton on March 19, 2014 at 12:12pm

Permalink Reply by Darlene Newton just nowDelete

This is a list of the people Naying our bill !  Call , write, phone, holler cause if they do not pass this Bill I call to take back the wells!  We could suck our own gas , sell it and take care of our community !  

They should be kissing the feet of the citizens in BRADFORD COUNTY we are the ones hauling in the money but NOT FOR US, NOPE, all the landowners and the the people have gotton NOTHING but lies, polluted water bad wells and the list goes on and on....! Chesapeake has put ALL Landowners in a financial bind by STEALING ALL the money they gave us! That was money was to put our people to work, spend in our communities now some of us are getting bills that we owe Chesapeake. MONEY!  WHEN THAT HAPPENS THERE WILL BE RIOTS!

Each and every promise broken by Chesapeake and SOLD OUT by our Politicians!! You sicken me, some sold their farms , cows hoping to pay their taxes! Now we have to wait for Chesapeake to just take our homes to! WE HAVE BEEN IGNORED!  I could not pay my taxes and the IRS was going to put a lien on our home how GD pathetic you are!


Tim Krieger
Jim Marshall
Donna Cherlander
Jeffrey P. Pyle
Kathy L Rapp
Tom Sankey
Jordon A Harris
Janet Gibbons

Govoner Corbett and His Buddy Gene Yaw

These are the people NAYING the rights of landowners and I urge you to call , write , holler and make sure they hear they will lose their jobs if this bill is NOT PASSED!  If they side with Chesapeake and the other Gas and Oil Companies you better be ready for riots!

We have been CRAPPED ON ENOUGH IN BRADFORD COUNTY.  If you cannot fix this and fix it before tAfter  the scum suckers steal any more money YOU NEED TO GO!  They  ruined our water , stole our money and continue to destroy our Community while YOU have sat back and done NOTHING!!!!!!!! 

Permalink Reply by Darlene Newton on March 19, 2014 at 12:13pm

After all the BS they have caused me , my neighbors I would tell them to get out!  NEVER NEVER NEVER will I believe in them or a POLITICIAN!

Permalink Reply by wyalusing jim on March 19, 2014 at 12:40pm

unfortunately, life offers no "do overs". we must always live with the consequences of our actions, and we should always try to remember that before we take actions.

wj

Permalink Reply by wyalusing jim on March 19, 2014 at 12:58pm

most early leases for Marcellus gas clearly allowed deductions, and there was no language in any leases which stated a "minimum". the royalty % is what the leases stated.

the intent of the 1979 gmra was to eliminate flat rate royalty leases. and instead require all leases from then on to be based on a %, the minimum % was set at 1/8, or 12.5%. at the time that law was written, it was customary for royalty owners to pay their proportionate share of ppc's, they had no intent of making those illegal, they probably never considered them when writing the law, because they did not address them in it.

and btw, there are still flat rate leases in existence today, they were not made illegal retroactively by the 1979 gmra, just as 12.5% leases with deductions which reduce payments below 12.5% will not be outlawed by this new legislation.

to do so would violate the constitutions of both pa and the united states.

wj

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