Among the issues most commonly discussed are individuality, the rights of the individual, the limits of legitimate government, morality, history, economics, government policy, science, business, education, health care, energy, and man-made global warming evaluations. My posts are aimed at intelligent and rational individuals, whose comments are very welcome.

"No matter how vast your knowledge or how modest, it is your own mind that has to acquire it." Ayn Rand

"Observe that the 'haves' are those who have freedom, and that it is freedom that the 'have-nots' have not." Ayn Rand

"The virtue involved in helping those one loves is not 'selflessness' or 'sacrifice', but integrity." Ayn Rand

04 March 2016

Europe, Where Mineral Rights Belong to the State, Cannot Frack

In most of Europe, the mineral property rights and sub-surface property rights of land belong to the state, not the landowner.  Consequently, the landowner is only hurt if minerals or oil or natural gas are extracted from his property.  This makes it politically impractical to extract minerals or oil or gas from most of the land. 

Consequently, the hydraulic fracturing now common in the United States is not helping the Europeans at all to free themselves from a heavy dependence on Russian natural gas.  Because of fracking, made possible by mineral rights ownership being commonly in the hands of the landowner in the U.S., the United States passed Russia in the production of both oil and natural gas last year.  But Europe remains in a state of dependence on Russian natural gas.  The most dependent countries are those of Eastern Europe such as the Baltic countries, Ukraine, and Poland, which Russia pressured in 2006, 2009, and 2015 with reductions or interruptions in their natural gas supply.

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