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<blockquote data-quote="eyexer" data-source="post: 335480" data-attributes="member: 315"><p>Annual income on the fund is going to start going up soon. There are a few hundred wells that have been drilled and never fracked. They are now being tracked and will start producing soon. Actually some have just recently. And the rig count is now 30 some. That fund will do nothing but go up again for awhile. We should have put a date in which those collections cease. If we only knew then what we know now. It’s really not much different than the state school land trust. Little less money but not much. At the very least there should be a trigger where they can only hoard so much money and they have to spend it or stop collecting it. Should be a cap on it</p></blockquote><p></p>
[QUOTE="eyexer, post: 335480, member: 315"] Annual income on the fund is going to start going up soon. There are a few hundred wells that have been drilled and never fracked. They are now being tracked and will start producing soon. Actually some have just recently. And the rig count is now 30 some. That fund will do nothing but go up again for awhile. We should have put a date in which those collections cease. If we only knew then what we know now. It’s really not much different than the state school land trust. Little less money but not much. At the very least there should be a trigger where they can only hoard so much money and they have to spend it or stop collecting it. Should be a cap on it [/QUOTE]
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