St.Tammany Fracking

gunut said:

Zero. And just to add to my little story, the county was paving the road that leads to the rig. We worked around their schedule. They worked from 7:00 am to 5:00 pm. We hauled our loads in during the night. We also watered two other county roads to keep the dust down during the day because of the county workers. Not because of the dust we made. That's how you keep people happy, it's the new oilfield. With all the restriction laid upon us, plus having that road construction we still accomplished our goal of completing each surface section in 16 hours each, no spills, no accidents and no harm to the environment or the people living close by.

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gunut said:

Jack, 90% of the post in this thread have nothing to do with fracking in St. Tam. You need to proceed with a neutral attitude. It is plain to see you are against it. If you are not for or against how can you be objective.

You along with most everyone else will grab one or two phrases out of a post that suits your agenda and run with it. Don't be upset, it's human nature to do so. That's why SEX sells, know what I mean?

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CEHollier said:

You could pave the road with gold and it still wouldn't be enough for some people. I would have no problem with fracting a well near my house. Fracting is the reason the plants up and down the river are expanding and hiring good paying positions. Natural gas is the feed stock for the pertol-chemical industry. It is our life blood.

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Jack said:

So you're going to keep deflecting?

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Would you be okay with it if it started dropping your property value?

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CEHollier said:

Unless the well and production equipment are in my yard how would it affect my property value? And if it was in my yard I would say it would greatly appreciate the property value. $$$$$$$$$$ That said it has already appreciated the value of my home and business. Ascension Parish like many other River Parishes are booming.

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CEHollier said:

Unless the well and production equipment are in my yard how would it affect my property value? And if it was in my yard I would say it would greatly appreciate the property value. $$$$$$$$$$ That said it has already appreciated the value of my home and business. Ascension Parish like many other River Parishes are booming.

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Jack said:

Traffic congestion, noise, pollution, percieved risk by potential buyers, real risk, etc.

http://www.forbes.com/sites/jeffmcm...-fears-crush-home-prices-near-fracking-wells/

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Gator 45/70 said:

Yeah, Those darn pesky 50k per month royalty checks will ruin a mans property and resell values...

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CEHollier said:

The study obtained transaction records of all properties sold in 36 counties in Pennsylvania
and seven border counties in New York between January 1995 and April 2012 from
CoreLogic, a national real estate data provider.

That was round the time the recession hit. Of course property values declined. Maybe I missed something earlier. Is fracting affecting your personal property?

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Jack said:

Would you be okay with it if it started dropping your property value?

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CEHollier said:

Jack - One thing to consider is during the boom there will be a lot of activity. Agree traffic and noise will be up. There will probably be some aggravation and inconvenience. But after the wells are completed and producing this should subside. Maybe some of the property value decreases were during this time. Another reason may be fear of ground water contamination. Many members with knowledge of well drilling, including myself, have already spoken on this subject. I believe the study demonstrates unwarrented fear of water pollution may have driven property values down. I believe after things settle down prices will return to normal. One thing I have learned is property values are a funny thing. Over the years we have done well speculating property. Timing has a lot to do with success in that field.

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