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Re: CashMoneyCarl post# 52881

Friday, 02/26/2016 12:37:16 PM

Friday, February 26, 2016 12:37:16 PM

Post# of 63559
Yeah, that would be good to see happen. As much as I love my home state there are somethings there that just royally piss me off. Oil would be one of them. As I'm sure you are aware, in Texas you only own the top few inches that your home sits on. All mineral rights (that includes oil) is owned by the state.

If you are a native Texan you have had the pleasure of studying Texas history, in which you learned that once upon a time the oil industry was the state. Laws were passed by the then "good ole boys in the back room," that protected the "rights" of the oil barrons of Texas. That is why today the oil industry can drill under your house for oil, and you don't get a dime of money from any oil they produce from under your "property" !

Yep, would like to see wind and solar bury oil. And yes if you dig down and find diamonds on "your" property, the state owns them.

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