There has been much angst in the last couple of weeks from folks who own land in the Barnett Shale and think they've missed the chance to lease their minerals for top dollar. In the heat of the summer, companies were offering $25,000 an acre in bonuses. But in the last couple of weeks, some of the same companies have said they're not leasing at all, or they're only leasing for a fraction of that amount.
If that gets you hot under the collar, consider the former Mayor of Shreveport, who's getting criticism for leasing the local airport for $1 an acre back in 2004. Shreveport is in the middle of the Haynesville Shale, which has seen a similar boom in lease prices.