Natural gas, petroleum, renewables use increase in US
Monday, July 25, 2016
Between 2014 and 2015, the U.S. has consumed more petroleum, natural gas and renewables, according to the U.S. Energy Information Administration.
With increased natural gas production and continued low prices, natural gas use totaled 29 percent of the nation’s overall energy consumption in 2015.
Coal use fell 12 percent between 2014 and 2015, now at its lowest level since 1982. Nuclear energy use showed no change.
Read more: U.S. Energy Information Administration > Changing U.S. energy mix reflects growing use of natural gas, petroleum, and renewables
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Shale FAQ
How often do royalty payments come?
Depending on the company, royalty payments can arrive monthly or quarterly.
Are my royalty payments transferable?
Yes. If you plan on selling your property, notify the gas company that is leasing your land and your realtor. They will make arrangements to allow the royalty payments to transfer to a different land owner.
What are royalties?
Royalties are payments from the gas company to the landowner as part of a lease agreement. Royalties payments cannot begin until production begins. The payments are dependent upon the market price of the resource.