Why 2022 is the Best Time to Sell Your Oil & Gas Assets

     Crude oil is at its highest price since 2014 and with oil and gas prices being up in 2022, it is an excellent time to take advantage of selling the mineral rights to your property.  You do not have to assume the risk regarding the actual amount of oil and gas being found on your property, or a decline in the value of what is extracted.  Mineral rights can be sold for a lump sum payment that could greatly improve your life if used toward debt, paying off a mortgage, or providing for your retirement.  Alternatively, that money could be invested in your family’s future with uses such as a college fund, additional property, or stocks.

     With increased legislation and more companies pledging to reduce emissions and switch to renewable energy sources, the demand for oil and gas is likely to fall as alternative energy sources replace them.  It is impossible to know when this will be, but with prices up now, it is a good time to take advantage of selling.