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Finders keepers? : how the law of capture shaped the world oil industry /

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 b...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Daintith, Terence
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, DC : RFF Press, 2010.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario: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.
Descripción Física:1 online resource (xvii, 500 pages) : illustrations
Bibliografía:Includes bibliographical references and index.
ISBN:9781936331765
1936331764
9781933115832
1933115831
9781933115849
193311584X
9781136522840
1136522840
9786612789984
6612789980