[AGL] Mexican Resources

[Michael Eisenstadt]

Back in the day the oil company would have to drill in place straight 
down and then erect oil pumps. So they would have to take your land to 
get at the oil. Nowadays, technology has evolved where the oil companies 
can drill at an angle and get oil from underground miles away from the 
drilling platform . And send the land owner a nice royalty check every 
month. One of our subscribers is enjoying that happy situation.

On 7/17/2019 9:36 AM, Frances Morey wrote:
> I can see how that would be considered a "taking" by the state. But 
> couldn't they just "take" the resources without needing to "take" the 
> property?
> Best,
> Frances
>
> On Wed, Jul 17, 2019 at 9:20 AM Tejana via Austin-ghetto-list 
> <austin-ghetto-list at pairlist.net 
> <mailto:austin-ghetto-list at pairlist.net>> wrote:
>
>
>     All natural resources belong to the republic of Mexico. While
>     growing up in state of Durango
>     On a ranch, my family just held their breath hoping oil or gold
>     would not be found It would have meant seizing land, no
>     compensation. They did seize the ranch with paracaidistas in the end.
>     Marilyn Wheless-Gregory
>
>
>     On Wednesday, July 17, 2019, 8:57 AM, Frances Morey
>     <frances.morey at gmail.com <mailto:frances.morey at gmail.com>> wrote:
>
>         I always felt that natural resources should be divisible among
>         the residents of the land from which they were drawn. I guess
>         I adopted a vision of land ownership like that of our
>         Indigenous Indians. They were wiped out due to their viewpoint
>         not meshing with that of the "settlers." For a time in Mexico
>         the oil company, Pemex, was state-owned. Our Big Oil renegades
>         assumed their entitlement from the git-go.
>         Best,
>         Frances
>
>         On Wed, Jul 17, 2019 at 8:28 AM Michael Eisenstadt
>         <eisenstadt0 at gmail.com <mailto:eisenstadt0 at gmail.com>> wrote:
>
>             Actually Alaskan oil money is understood to be owned by
>             Alaskans by dint
>             of living there. So that is not a case of free money
>             appropriated from
>             the wealthy. Likewise in Norway. Their North Sea oilfields
>             (now pretty
>             much played out) were considered to be owned by
>             Norwegians. Those monies
>             were saved and are called Sovereign Wealth funds. The
>             Saudis have a
>             massive Sovereign Wealth fund. I don't know if individual
>             Norwegians get
>             stipends like Alaskans do.
>
>             On 7/17/2019 7:17 AM, Charles Loving wrote:
>             > There are a few experiments in this free money idea.
>             Alaskans get oil
>             > money do they not. How has that played out?
>             Scandinavians get some
>             > sort of stipend or so I think?
>

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