February 14, 2015
From a resident of Idaho:
Hello Friends!
Wanted to share a letter that I recently received from PNC Mortgage, the lender on my farm. Pay close attention to the language on page two.
Feel free to distribute as you …
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November 15, 2013
Why Fracking Is a Problem for Banks
By Andy Peters, American Banker, November 12, 2013
By Andy Peters, American Banker, November 12, 2013
An East Coast oil boom has promised potential riches to lucky landowners. But the oil rush may cause big headaches for some unlucky banks.
At …
April 24, 2013
The New York Public Interest Research Group (NYPIRG) has sent a letter to New York State Governor Cuomo urging him to reject the Revised Draft Supplemental Generic Environmental Impact Statement (dSGEIS) due to a conflict of interest on the part …
April 22, 2013
You Have to See It to Believe It: What It’s Like to Have Fracking in Your Backyard
Residents in industry-friendly West Virginia share their experiences, photos and videos. April 15, 2013
From Alternet, by Tara Lohan
September 21, 2012
If gas drilling comes to the Southern Tier, homeowners have property-related effects to consider, whether they have already signed a gas lease or are still considering one
By Elisabeth N. Radow, PressConnects.com, Sept. 18, 2012
By Elisabeth N. Radow, PressConnects.com, Sept. 18, 2012
Elisabeth Radow is the managing …
March 18, 2012
By Ian Urbina, New York Times
The Department of Agriculture is considering requiring an extensive environmental review before issuing mortgages to people who have leased their land for oil and gas drilling.
Last year more than 140,000 families, many of …
December 28, 2011
By Joshua Schneyer and Brian Grow, Reuters
TRAVERSE CITY, Michigan Late in the summer of 2010, hundreds of farmers in northern Michigan were fuming.
All had signed leases with local brokers permitting drillers to tap natural gas and oil …
November 10, 2011
New York State Bar Association Journal
November/December 2011, Vol. 83, No. 9, lead article
November/December 2011, Vol. 83, No. 9, lead article
“. . . issues not often discussed, such as the owner’s potential liability and the continued viability of the mortgage.”
“Residential fracking carries heavy industrial risks, …
October 19, 2011
By Ian Urbina, New York Times
As natural gas drilling has spread across the country, energy industry representatives have sat down at kitchen tables in states like Texas, Pennsylvania and New York to offer homeowners leases that give companies the …
June 5, 2010
New mortgages unavailable for properties with gas drilling leases
By Linda Fields (Pike County Courier)
By Linda Fields (Pike County Courier)
NORTHEAST Pa — Property owners may make money from leasing to Marcellus Shale gas drillers, and they may also find their property can’t be financed …
