My uncle owns a little 150 acre ranch somewhere in southern Oklahoma where he raises horses and shoots endangered turtles. About a year ago an oil company called him up and asked him if they could put an oil well on his property for 15,000 dollars. He told them to "shove it" and so they explained to him that the oil well was going up regardless of what he thought.
It turns out that oil companies have figured out how to play the courts so that drilling is considered an act "for the greater public good" which means that if they adequately compensate you, they can put a well anywhere they like on anyone's property with the help of the government. This shit has been going on since the 70s as far as I know, and I think they were only not allowed to drill one time. T Boone Pickens Jr. tried to put a well in some dude's living room, and that ended up being thought a little extreme, so it ended up in his backyard instead.
The weirdest part is that these are "wildcat wells" that arent expected to produce oil. they are longshots by drilling standards, and it costs about 15 million to set one up. Bunch of crooks.
my dumps have been floating more recently. maybe i should eat less fruit.
Sunday, August 24, 2008
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