Showing posts with label gas. Show all posts
Showing posts with label gas. Show all posts

Sunday, August 17, 2008

What did you pay at the pump last?


Curiosity has the best of me. I jumped for joy when I thought $3.44 was a great price. Then I drove down a couple of blocks and it was $3.41.....then I called my daughter and she said she saw it a few miles away for $3.39.9 per gallon!!! Wow! I'm so scared how the prices are plummeting because I don't trust it. I am convinced that we are simply being teased for the time being and someday really soon, we'll wake up and it will be close to $5. a gallon like they predicted last summer. What do you think? What are you paying currently at your pump? Please comment if you can, cuz I'm very interested in what you think too. Look here and see how low it is down south of us, (as low as $3.24 per) wowza!
Texas Gas Prices
Thanks!
-me

Friday, July 13, 2007

To sign or not to sign?


That is the question...
Here is a local gas rig, not too darn far from our home. We've learned that our whole neighborhood is a prime location for a gas pocket/well. This company is drilling oil and gas wells all over Texas apparently and so far they check out OK. (we hope) We have a chance to sign a 5 year lease for them to do drilling (offsite of course) and anything that they hit and produce we'll get a mere 20% paid to us. The thing is, this is split amongst some 1500+ other neighbors around us. Is it worth it? Do we give in so they can start? I feel pressured to tell the truth, but how else could we ever use our own mineral rights otherwise? Simple homeowners such as ourselves simply don't have the funds to do so or even remotely think about it. Worst case senario? We get blown off of the face of the planet. Simple, boom, gone!
I dunno, need more facts, figures and suggestions.
In the meantime, we wait for a response from
the company for more information. Oh yeah, we also are due a sizeable bonus check upon signing the lease too. It almost seems too good to be true, that's what I'm most afraid of...