Ways to Reduce America's Dependence on Foreign Oil

Want to Reduce America's Dependence on Foreign Oil and increase demand for natural gas at the same time? Here are some things you can do:

• Visit www.cngnow.com and learn how we can reduce America's dependence on foreign oil NOW (while raising the demand for natural gas in the process). Contact your Congressman and Senators to tell them to support the NatGas Act which will provide incentives and credits to use more natural gas (bill status). Writing a letter usually works best.
  
• Get behind the Pickens Plan, which encourages increased usage of natural gas to power automobiles. There are 7 million natural gas vehicles (NGV) on the planet, but only 150,000 of those are in the US.
• Work together to share information or put blocks of contiguous mineral acres together. Information your best asset.
• You could even buy a natural gas-powered vehicle to set an example and help increase demand in nat gas. Of course, that would mean giving up your (and my) SUVs.

Games being Played with Haynesville Shale Leases

One of our readers, an attorney who both represents mineral owners and is a mineral owner, close to signing a lease and was negotiating a bonus between $14,000 and $17,000 per acre. The morning after the big stock market drop this week, the oil man called and said, "all our offers are off the table."

When our reader simply replied, "Okay..." the oil man quickly added, "but if you still want to lease, we'll pay $3,500 per acre." The other companies and lease men with which this attorney is dealing have not acted in a similar fashion and are very much business as usual.

With that said, is this a cheap sales tactic? or has the "well dried up?" (pun intended).