The only ones getting rich off fracking are the top level executives in the fracking companies, investment bankers, some shareholders and a few large landowners who have the capacity to audit their royalty receipts. Without the capacity to audit, you are almost certainly getting shorted.
We tried to tell you this. For people who live in neighborhoods and on small acreage, your royalties will not compensate you for loss of property value much less the loss of serenity and possible health impacts.
Cheating royalty owners is widespread.
Landowners upset over unpaid royalties in the Barnett Shale
by BRETT SHIPP
Posted on October 25, 2012
Prediction: Included in the next job numbers from the fracking industry will be a rash of new companies that audit people’s royalty receipts. It’s American to create new jobs.
Also see: Who wants to be a SHALEionaire?