January 23, 2012

Private Sector Failure #37,485 Oil and gas drilling rights leases are leaving thousands of rural landowners totally fracked.

Meanwhile estimates of potential gas available may be as badly overstated as MPAA's 'losses due to piracy'.

  • I recommend the recent documentary Gasland for more information on this subject matter.
  • Having lived most of my life near California Earthquake Faults (I was 2.5 miles from the epicenter of the '94 Northridge quake), I feel some schadenfreude when people in other parts of the country willingly increase their local seismic activity. But then, I have become a cynical bastard.
  • Having lived most of my life near California Earthquake Faults (I was 2.5 miles from the epicenter of the '94 Northridge quake), I feel some schadenfreude when people in other parts of the country willingly increase their local seismic activity. But then, I have become a cynical bastard.
  • Frack works well as a swear word, in its own way.
  • Depending on how much they were offering, I might let them drill on my property and then just sell the place when they are done. It seems like they pay out a decent amount.
  • I saw that movie Gasland. Heartbreaking.
  • Whoever thought up this technology should have been shot ten times at birth. Way to screw up the world, you miserable fracks.