High Demand For Oil and Gas Royalty
The International Energy Agency (IEA), an organization that gives policy advice on energy matters to 28 member countries, is optimistic about the future of oil and gas industry as the world's consumption continues to rise.
One of the major reasons for this resiliency is the faster recovery of the economies of developed countries, considered to be first-world gas and oil guzzlers.
In fact, the IEA changed its original assessment and increased the estimated global requirement to about 86.
4 million barrels per day, according to a June 2010 Yahoo! news report.
Imagine the effect on that on your own oil and gas royalty.
That estimate has not fully considered the oil demand in China, an economy with a nearly unquenchable appetite for the said minerals.
Although the U.
S.
Energy Department revised its position on oil demand in the country that is still reeling from the effects of recession, the average consumption of oil in the United States is still at around 18 million barrels per day or 230,000 barrels more in 2009.
In 2010 alone, the IEA thinks the world requirement for oil will balloon further by 1.
7 million barrels more each day.
And these are nations that are not covered by the 31-member countries of the Organisation for Economic Cooperation and Development.
It doesn't take a genius to correlate high demand for oil and gas royalty.
Of course, it's a given that high oil prices will have a ripple effect on the economy by putting a strain on ordinary families' pockets and triggering inflation.
With skyrocketing prices and very high possibility for maximum profits, there's no more time than now to trade your oil and gas royalty.
If you are an oil and gas royalty owner, there's more good news for you.
Operators and oil and gas companies recognize the demand which means the competition will be stiff.
That means offering more value-added services just so you will do choose their business over the others.
How does easy means to liquidate for top dollar offers sound to you? An estimate by one company alone shows that the royalty can run usually between 25-70 times the projected monthly income from your oil and gas properties.
If that's not attractive enough for you, how about they cover all the tax costs for your property and even the preparation of legal documents.
Do you want a lawyer? They can provide one for you.
Of course, it's advised that you get your own legal counsel.
All these conditions, however, illustrates just how you can take advantage of this milieu to earn the maximum possible income for you and your family out of oil and gas royalty.
One of the major reasons for this resiliency is the faster recovery of the economies of developed countries, considered to be first-world gas and oil guzzlers.
In fact, the IEA changed its original assessment and increased the estimated global requirement to about 86.
4 million barrels per day, according to a June 2010 Yahoo! news report.
Imagine the effect on that on your own oil and gas royalty.
That estimate has not fully considered the oil demand in China, an economy with a nearly unquenchable appetite for the said minerals.
Although the U.
S.
Energy Department revised its position on oil demand in the country that is still reeling from the effects of recession, the average consumption of oil in the United States is still at around 18 million barrels per day or 230,000 barrels more in 2009.
In 2010 alone, the IEA thinks the world requirement for oil will balloon further by 1.
7 million barrels more each day.
And these are nations that are not covered by the 31-member countries of the Organisation for Economic Cooperation and Development.
It doesn't take a genius to correlate high demand for oil and gas royalty.
Of course, it's a given that high oil prices will have a ripple effect on the economy by putting a strain on ordinary families' pockets and triggering inflation.
With skyrocketing prices and very high possibility for maximum profits, there's no more time than now to trade your oil and gas royalty.
If you are an oil and gas royalty owner, there's more good news for you.
Operators and oil and gas companies recognize the demand which means the competition will be stiff.
That means offering more value-added services just so you will do choose their business over the others.
How does easy means to liquidate for top dollar offers sound to you? An estimate by one company alone shows that the royalty can run usually between 25-70 times the projected monthly income from your oil and gas properties.
If that's not attractive enough for you, how about they cover all the tax costs for your property and even the preparation of legal documents.
Do you want a lawyer? They can provide one for you.
Of course, it's advised that you get your own legal counsel.
All these conditions, however, illustrates just how you can take advantage of this milieu to earn the maximum possible income for you and your family out of oil and gas royalty.
