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Michelle Smith: Show Me the Money! Royalties and Fracking

November 2, 2015

We often hear about how the fracking boom led to a dramatic increase in high paying jobs and an increase in state revenues in oil and natural gas producing states.

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We often hear about how the fracking boom led to a dramatic increase in high paying jobs and an increase in state revenues in oil and natural gas producing states. job numbers, and state revenues, but another important aspect of the economic impact of hydraulic fracturing is the payment of royalties to mineral rights owners.

In today's edition of the Heartland Daily Podcast, Michelle Smith, organic farmer and expert in royalties law joins Research Fellow Isaac Orr to discuss what royalties are, the impact they have on local economies, and how they help families chase their dreams of financial stability. 

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Energy
Author
Isaac Orr is a research fellow for energy and environment policy at The Heartland Institute. Orr is a speaker, researcher, and writer specializing in hydraulic fracturing, frac sand mining, agricultural, and environmental policy issues.
iorr@heartland.org