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Coming to a property near you.
I take it most people on here are not from or associated with rural property issues but this is a huge issue. Here are two examples of recent event which highlight the problems. As we search for greater energy independence there needs to be a balance struck.
http://www.breitbart.com/article.php...show_article=1 http://www.nytimes.com/2008/11/28/us/28wind.html?_r=1 |
If there's a place for wind power in Wyoming, Wheatland is it. Damned place gets hurricane force winds up in the mountains that barrel down into town providing a near steady 20 mph wind most days. Got stuck in a snow storm in those mountains overnight in May, not real fun digging out a high-centered F550 with 70-80 mph winds.
Energy opportunities abound out west, but people are pretty divided about it. Many long time ranchers don't take too kindly to the natural gas companies. One rancher I met said that he carries his rifle with him to shoot two things: coyotes and methaners. There's a real mentality of independence out there and little desire for "outsiders" coming in and screwing with the way things have been for years. That said, the potential profits from natural gas, wind power, etc. have been tempting enough for some ranchers, typically the younger ones. The gas companies pay well too. Girl I met out there gets paid $15/hr to power wash gas company vehicles all day everyday. The methane boys' trucks are all brand new full size pickups with custom fabrication for their gas well checking instruments. Rumor had it these guys get upwards of $60K a year to maintain these gas wells, basically just driving around making sure each well that is about the size of a Suburban is still functioning. There's a lot of land out there, and as diesel becomes more expensive I would bet more ranchers turn to allowing gas wells and wind farms on their land. |
There's a whole heap of traditional farming land in southeast central Qld (darling downs) that's about to be exploited for its natural gas.
The farmers are not going to be happy. |
Around here the farmers are generally supportive of gas production. Most folks own the gas under their property at least until they sign a lease, which generally comes with a significant signing bonus and something over the state minimum for royalty payments.
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I think that is the big difference. I believe that in Australia, owning the surface of the land does not mean you own the minerals beneath it. I believe that in the USA, it does.
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Thanks to Kelo vs. New London, you don't have any rights over your own property. This is a lot easier to claim to be in the public interest than the higher tax revenues from fancier houses.
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That's right Zen. So that means that as a 'speculater', you can put a mining lease on any land either privately and even sometimes government owned and the legal owner can't do jack shit about it. The only things on the land that are safe and not allowed to be disturbed are existing constructions an a small amount of land around said structures. The problem arrises when your lease needs access roads etc. There's no law saying how much the land owner can or cannot charge you to access your mine. Generally though, because it's in the best interest of the mine to keep locals on side, they'll compensate land owners. |
Can't the land owner just file for the mineral rights on their land? Is it expensive to do that?
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Mineral rights can or cannot be a part of a sale of real property. It all depends. Same for timber rights.
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I mean if there is a concern, can the homeowner file after or while buying the property? Do you know if someone else already has the mineral rights when you buy it? How does all that work in Aussieland?
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Not after. Only before the sale.
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I dunno.
I saw on TV once that if you claim prospecting or mining rights you have to do a certain amount of those activities on a regular basis or the rights lapse. |
Is oil a mineral? Natural gas?
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"Mineral" has two different definitions. From first year geology:
A solid substance occurring in earth with a fixed range of chemical composition (the last bit even rules out coal). To the gubbmint: anything valuable extracted from the ground. Except maybe water. So; no, and yes, depending. It is a bit like fruit. |
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