Don’t harm municipalities for regulating oil costs - The Santa Fe New Mexican: My View

[Owen Densmore]

Kim Sorvig, a long time Friamer, wrote this last week:

http://www.santafenewmexican.com/opinion/my_view/reader-view-don-t-harm-municipalities-for-regulating-oil-costs/article_0235a9bd-0f56-5610-8386-40efc6167e55.html?_dc=234697471139.95255

​I just thought this might be an interesting conversation, especially for those of us outside of New Mexico.  Basically you don't​ own your property completely, there is something called "Mineral Rights" .. which means you don't own your property "all the way down" .. if its on top of oil, uranium, etc .. the industries may have rights to that.  Probably lost in history but basically its a sorta "commons" argument .. but silly.

   -- Owen

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[Frank Wimberly-2]

It was worse in Pittsburgh.  I owned some land down in Torrance County, NM from 1990 to 2000.  The deed specified that I owned half the mineral rights, as I recall.  Pittsburgh has something called the “Pittsburgh Coal Seam” (http://en.wikipedia.org/wiki/Pittsburgh_coal_seam ) under it.  You can’t buy the mineral rights for any price as I understand it.  You would own a lot of coal if you could.  Apparently the coal under the City won’t be mined any time soon, however.

 

Frank

 

 

Frank C. Wimberly

140 Calle Ojo Feliz

Santa Fe, NM 87505

 

[hidden email]     [hidden email]

Phone:  [phone]      Cell:  [phone]

 

From: Friam [mailto:[hidden email]] On Behalf Of Owen Densmore
Sent: Sunday, February 01, 2015 10:35 AM
To: Complexity Coffee Group
Subject: [FRIAM] Don’t harm municipalities for regulating oil costs - The Santa Fe New Mexican: My View

 

Kim Sorvig, a long time Friamer, wrote this last week:

http://www.santafenewmexican.com/opinion/my_view/reader-view-don-t-harm-municipalities-for-regulating-oil-costs/article_0235a9bd-0f56-5610-8386-40efc6167e55.html?_dc=234697471139.95255

 

​I just thought this might be an interesting conversation, especially for those of us outside of New Mexico.  Basically you don't​ own your property completely, there is something called "Mineral Rights" .. which means you don't own your property "all the way down" .. if its on top of oil, uranium, etc .. the industries may have rights to that.  Probably lost in history but basically its a sorta "commons" argument .. but silly.

 

   -- Owen

 

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Meets Fridays 9a-11:30 at cafe at St. John's College
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[Pamela McCorduck]

Frank remembers Pennsylvania law correctly—but we had a very good lawyer when we bought our Pittsburgh house, and he simply crossed out the clause that said we didn’t own the mineral rights beneath our house, and made all parties to the transaction initial it. He was actually a civil liberties lawyer, but this tickled me much. Whether it would have held up in court when Consolidated started to mine under our house, I have no idea.

Pamela

On Feb 1, 2015, at 5:11 PM, Frank Wimberly <[hidden email]> wrote:

It was worse in Pittsburgh.  I owned some land down in Torrance County, NM from 1990 to 2000.  The deed specified that I owned half the mineral rights, as I recall.  Pittsburgh has something called the “Pittsburgh Coal Seam” (http://en.wikipedia.org/wiki/Pittsburgh_coal_seam ) under it.  You can’t buy the mineral rights for any price as I understand it.  You would own a lot of coal if you could.  Apparently the coal under the City won’t be mined any time soon, however.

 

Frank

 

 

Frank C. Wimberly

140 Calle Ojo Feliz

Santa Fe, NM 87505

 

[hidden email]     [hidden email]

Phone:  [phone]      Cell:  [phone]

 

From: Friam [[hidden email]] On Behalf Of Owen Densmore
Sent: Sunday, February 01, 2015 10:35 AM
To: Complexity Coffee Group
Subject: [FRIAM] Don’t harm municipalities for regulating oil costs - The Santa Fe New Mexican: My View

 

Kim Sorvig, a long time Friamer, wrote this last week:

http://www.santafenewmexican.com/opinion/my_view/reader-view-don-t-harm-municipalities-for-regulating-oil-costs/article_0235a9bd-0f56-5610-8386-40efc6167e55.html?_dc=234697471139.95255

 

​I just thought this might be an interesting conversation, especially for those of us outside of New Mexico.  Basically you don't​ own your property completely, there is something called "Mineral Rights" .. which means you don't own your property "all the way down" .. if its on top of oil, uranium, etc .. the industries may have rights to that.  Probably lost in history but basically its a sorta "commons" argument .. but silly.

 

   -- Owen

 

============================================================
FRIAM Applied Complexity Group listserv
Meets Fridays 9a-11:30 at cafe at St. John's College
to unsubscribe http://redfish.com/mailman/listinfo/friam_redfish.com

============================================================
FRIAM Applied Complexity Group listserv
Meets Fridays 9a-11:30 at cafe at St. John's College
to unsubscribe http://redfish.com/mailman/listinfo/friam_redfish.com