Most of the discussion about gas drilling in the Marcellus Shale has turned on environmental questions – will it poison our water, irradiate the area, destroy our roads, and generally prove difficult to fix? All of these are important questions, but they've mostly been contrasted with rosy pictures of large royalty payments to landowners and economic benefits for municipalities.

I'd like to suggest to landowners and municipalities that being in a hurry may not be to our advantage. Yes, of course people prefer their money now, and often place a significant premium on cash up front. At the same time, though, drilling as quickly as possible also may bring a lot less return.

(more…)

Why did we sign? Partly because natural gas is a relatively “clean” fuel, so obtaining it locally seemed reasonable. Partly because the way it was presented to us made it sound inevitable and benign. Partly because the money was appealing. The Music Man came to town, and I am astonished and ashamed that we succumbed to his tune.

We never would have signed if we had known then what we now know about the pollution potential and the possible transformation of peaceful residential and agricultural areas into industrial zones. I am sure that there are many other landowners who feel the same way. We have decided to use the money we received from the lease to try to stave off this potential disaster. A new organization called “(F)leased” is forming to represent people who signed leases and wish they hadn't.

(more…)