Terrel L. Shields
Elite Member
- Joined
- May 2, 2002
- Professional Status
- Certified General Appraiser
- State
- Arkansas
Proposes a 2500' setback for drilling, basically a freeze on all drilling. The result will be higher taxes, higher fuel costs, and a huge outflow of jobs and investment. As drilling stops, production falls, truckers, construction, cafes, industrial buildings will languish Both governor candidates oppose it but likely to pass. If it does, other states to follow and ten years from now we will be paying Euro prices for gas and getting 60% of our oil from overseas. Rural and the poor will be hit the worst.