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Paladin

(32,354 posts)

6. The Public Isn't Entitled To Privately-Owned Mineral Rights....

Reply to JCMach1 (Original post)

Mon Feb 11, 2013, 09:09 AM

Feb 2013

...any more than it is to privately owned houses, farm crops, or water wells. Fee ownership is fee ownership, be it surface or sub-surface.

And 25% is pretty much the top royalty rate which private mineral owners are getting under oil and gas leases these days---it's not "a good place to start."

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Highlight:

Where is the American People's Cut of Oil and Gas? [View all] JCMach1 Feb 2013 OP

You've got to remember that Theyletmeeatcake2 Feb 2013 #1

In The Pockets Of Business And Corporations And Their Political Cronies cantbeserious Feb 2013 #2

No we go the other way newfie11 Feb 2013 #3

Exactly!! The natural resources belong to the nation. If private companies are needed to extract and Dark n Stormy Knight Feb 2013 #4

info Locrian Feb 2013 #5

The Public Isn't Entitled To Privately-Owned Mineral Rights.... Paladin Feb 2013 #6

You don't own your home, the state does, you only rent it from them 1-Old-Man Feb 2013 #9

If You Rent Your Place, You're Not Entitled To Oil And Gas Revenues From It. (nt) Paladin Feb 2013 #10

Privately owned mineral rights..... Theyletmeeatcake2 Feb 2013 #11

Most Real Property In The U.S.---Both Surface And Sub-Surface---Is Privately Owned. Paladin Feb 2013 #13

Original owners Theyletmeeatcake2 Feb 2013 #17

For every BTU of American energy sold randr Feb 2013 #7

If West Virginia had received $0.10 for every ton of coal that has been exported from its borders 1-Old-Man Feb 2013 #8

25% is a very low percentage in most deals that companies from sovereign nations JCMach1 Feb 2013 #14

You've Got Private And National Mineral Ownership Confused. Paladin Feb 2013 #15

but we can tax JCMach1 Feb 2013 #16

Nationalize the whole fuckin' thing. annabanana Feb 2013 #12