Just curious...

     I am in Liberty township and a few months ago got an offer to buy my royalties for 1500 to 1800 per acre, but they would do a more in-depth look if I was serious which "mite change the numbers" slightly....even tho I am not drilled or receiving any royalties ..talked to a landsman rite b4 I contacted them and he advised caution as there will be "significant" activity in my area in the "near future"....how about it, anybody else get an offer or hear anything or see any activity here in Tioga Co. ?

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There seems to be a great deal of danger or has been by failures of nuclear powered generating plants. Three mile island melt down for one. And then the spent fuel rods needing to be safely disposed of afterward. How to transport them safely?  Do we really know or have all the answers or are we really playing with something we know far too little about?  And with hydro power, Flooding because of dam failure is always  a risk.

Take a look at Austin dam. Huge blocks of concrete broken and swung around by the force of flooding water.  My Great Uncle Charlie  told about being a part of a crew of railroad workers trying to lower that dam to take pressure off of the dam. He said the workers were called off the dam because they could feel the vibrations of that dam. It was weakening and beginning to move ever so slightly as they worked. They no sooner got off the top when it failed completely.

The rail road crew was called in because they were the only group that had the necessary tools,  (hammers and explosives to cut the concrete), and experience to safely do the job.

I think two other earthen dams had already failed in earlier years.

 Is the possible the dangers involved, worth the price we eventually have to pay?

Granddad Ladd

Thanks for your input Paleface. We need as input as possible about what is going in the gas and oil industry.

Granddad Ladd

Sure, your welcome.

The natural gas industry always has had the potential to be their own worst enemy. Unfortunate that at least some of the money being spent touting an additional gas pipeline(s) to Boston hasn't instead been spent supporting the the safe, reliable operation of its existing member companies.

"Pipe Pressure Eyed in Gas Blasts
... Preliminary indications were that too much natural gas was pumped into a five-mile section of pipe owned by Columbia Gas, causing the combustible fuel to leak into homes in Lawrence, Andover and North Andover.

On Friday, Mr. Baker (Massachusetts Governor) ordered Eversource Energy to take over the effort of restoring utility service to the area, after he and other officials expressed frustration with Columbia Gas’s response to the incident. ...

Columbia Gas, a unit of utility NiSource Inc., had been doing maintenance work in the area. NiSource shares plunged more than 11% on Friday as investors worried about government fines and lawsuits. ...

If NiSource is found liable, it could face substantial fines. Consolidated Edison Inc. paid a $153 million fine after a yearlong investigation into a gas-pipeline explosion in New York in 2014. PG&E Corp. faced $1.6 billion in civil and criminal fines for a 2010 pipeline explosion in the San Francisco suburbs. ..."

https://www.wsj.com/articles/officials-probe-fires-explosions-that-...

If the industry wants minimal regulation, it first should demonstrate the ability and willingness to effectively self-police.

Thank you Ann. And I agree with you. They need to get on the ball to ferret out possible problems before a serious disaster takes place.

Granddad Ladd

Exactly so Old Timer. Any relationship would come from the fact that producers might be bottled up slightly until the distribution,  what ever the problem might be, (deteriorating from age of pipelines to users or miscalculating pressure within these lines or simply someone accidently opening the wrong valve.

Example, some years ago an electrical transformer was replaced.  When it was brought on line one of the workers had somehow made a serious connection.  The voltage to distribution and  users was increased several hundred times normal.  Much damage was done to TV sets, refrigerators, freezers and other appliances.  Our own home damage was fortunately contained to a few light bulbs burning out.  A neighbor's freezer was burned out too I believe.  I presume that other electrical components were damaged too.

As a bit of personal worries....Lu Ann has a brother and a couple of sisters and their families riding out hurricane Florence right now. Their homes are right in the middle of Florence's wrath.  Hopefully they are not damaged  badly!

Granddad Ladd

Extraction, gathering, transmission, distribution, etc. are links in the same chain.  Milk does not go to market on cattle cars. 

For a while, the affected residents will be worse off than if they'd had no natural gas service. Thier electricity has been shout off (too) because of the risk of sparking another explosion.

BTW, I just was contacted by a solar farm developer. I'm thinking they haven't looked at a topi map of my property.

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