Finders Keepers?: How the Law of Capture Shaped the World Oil IndustryEarthscan, 2010 - 500 עמודים Since the beginnings of the oil industry, production activity has been governed by the 'law of capture,' dictating that one owns the oil recovered from one's property even if it has migrated from under neighboring land. This 'finders keepers' principle has been excoriated by foreign critics as a 'law of the jungle' and identified by American commentators as the root cause of the enormous waste of oil and gas resulting from U.S. production methods in the first half of the 20th century. Yet while in almost every other country the law of capture is today of marginal significance, it continues in. |
תוכן
Part II Alternatives and Parallels | 85 |
The United States in the Twentieth Century | 169 |
Part IV Evading Capture? | 303 |
Part V Conclusion | 409 |
References | 439 |
481 | |
About the Author | 502 |
מהדורות אחרות - הצג הכל
Finders Keepers?: How the Law of Capture Shaped the World Oil Industry <span dir=ltr>Terence Daintith</span> אין תצוגה מקדימה זמינה - 2010 |
מונחים וביטויים נפוצים
acres adopted agreement already American appear applied Association attempt Australia authorities basis boundary century claims Commission common companies competitive concern concession conservation continued countries decision deposit drainage drilling early effect established existing exploitation exploration fact federal field first flow followed granted ground held History important industry interests issue land landowners later lease least legislation less lessees license limited major mineral mineral water Mining natural neighboring obtained offered Ohio oil and gas operations owners ownership parties Pennsylvania petroleum pooling position possible practice prevent principle problem production property rights protection reason reference regime regulation relation reserves reservoir restricted result royalty rule of capture sources springs suggested Supreme Court surface territory Texas United waste