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Why not? If a company buys land because they think oil is below it, are they not entitled to the oil? It definitely wasn't created by or previously belonged to
by gamerDude 5y ago
Why not? If a company buys land because they think oil is below it, are they not entitled to the oil? It definitely wasn't created by or previously belonged to the oil company.
- dredmorbius 5y agoThat turns out to be a rather interesting rabbithole. Land rights, mineral rights, and rule of capture are suggested terms for exploration. Much of the law has firmer foundations in tradition than any consideration of science, empiricism, justice, or merits.
- panzagl 5y agoIn the western US it is common for mineral, oil, and water rights to be separated from occupation rights to land.