Some SWPA Landowners See Royalty Checks Fall 75% in 1 Year
CBS News, an ultra-biased mainstream media news outlet that we don't typically watch or read, is publishing a series of articles on the effects of COVID-19--how it has changed the lives of average Americans. In a somewhat unusual twist, CBS focused on landowners in southwestern Pennsylvania who leased property for shale drilling. How has COVID impacted them? CBS interviewed several landowners who have seen their royalties drop like a rock over the last year--down some 75% from just a year ago. While CBS doesn't say COVID is responsible for all of that drop, they do theorize it has contributed. Has it? Or is something else responsible for the huge drop in royalties?
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