North Carolina and fracking (earthquakes, live in, estate)

[hickoryfan]

When the fracking is complete, does the land lose its' value?

[LeeCo Landowner]

Originally Posted by ducter

I guess that is what people want if they leased their land so it is a done deal. No one forced anyone to sign a lease and yet lee county leased plenty of it.

There are many 1000's of acres of split estates in Lee County alone . Nearly 3000 acres of minerals rights is owned by Dan Butler . Most of the people who bought the land with Just surface rights did not even know about this at the time . Some still don't know ? They have little rights on what will happen around them. A lot of Lee County people did Not ask for this , vote for it , nor want it . That is called Forced !

[ducter]

Agree that nothing should be forced. In other areas outside of NC people are still signing leases (no split estates) so its going to continue spreading.

[Debra Champion]

Many landowners have already sold their mineral rights to the gas companies. This very controversial practice has few regulations and those who live relatively close to any of these sites will see their property value diminish; will be unable to refinance for any reason and especially those with well water will be forced to monitor, on their own, the quality of their water supply. Water quality and property values must be a concern to all residents living in Lee County where a huge number of property owners have already chosen money for themselves to the detriment of their neighbors.
These leases are to be given in 2015. The time is NOW to take action and make your voices heard before our rural areas become wasteland.

[hickoryfan]

Originally Posted by Debra Champion

will see their property value diminish

The irony of it all...

[Grizzmeister]

North Carolina GOP Pushes Unprecedented Bill to Jail Anyone Who Discloses Fracking Chemicals | Mother Jones

As hydraulic fracturing ramps up around the country, so do concerns about its
health impacts. These concerns have led 20 states to require the disclosure of
industrial chemicals used in the fracking process.


North Carolina isn't on that list of states yet—and it may be hurtling in the
opposite direction.

[arbyunc]

I fail to see why fracking chemicals deserve any more protection from disclosure than the food we eat, medicines, etc. There's something they don't want to tell us, and I doubt it has anything to do with fear of competition.

[topchief1]

Originally Posted by arbyunc

I fail to see why fracking chemicals deserve any more protection from disclosure than the food we eat, medicines, etc. There's something they don't want to tell us, and I doubt it has anything to do with fear of competition.

$$$$$$$$

[Rich6896]

I'm for fracking, but this just seems stupid and the optics are poor.

But lets actually see if it proceeds before all republicans get painted with this brush. Bash away at the 3 that introduced it.

[Boss]

Sometime in the future these chems. will be in water supplies around the wells that inject them. The companies that use them will need to be held accountable. So its not a good thing to hide the chems. from the people who will be effected.