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Weather is a risk to be considered by oil players

Although oil and exploration companies are always subject to the effects of volatile market prices and an empty well, they should also take into consideration another risk that can profoundly affect the profitability of their ventures – weather.

Over the years, global warming has caused many companies to experience earnings fluctuations due to erratic weather. For instance, a summer that is unpredictably cooler may cause a decline in demand for energy for space cooling. Warmer winter months, on the other hand, may decrease energy demand for heating. These variations may cause price instability, which could impact a company’s bottom line.

One of the advantages of selling your mineral rights is that you are freeing yourself up from these risks and are dropping them into the hands of the players who have the capital to survive great losses. To learn more about selling your mineral rights in Texas, speak with our team of brokers at The Mineral Auction by calling (512) 698-2802 today.

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Top-tier mineral listing
service for you

If you’ve been thinking of putting your mineral rights up for sale, or you’re interested in learning more about how much you could potentially get for your interests, then The Mineral Auction is ready to help you.

We’re located in Austin, TX, and because we have connections to thousands of oil and gas royalties and mineral rights buyers, we know that we can get you the best deal if you are looking to sell your mineral rights, whether you’re located in Texas or anywhere else in the U.S.