Over-regulation has forced oil companies to burn off millions of cubic feet of natural gas? Please tell me more. Are you saying that gas is dirt cheap because of too much regulation? Are you saying that oil drilling in North Dakota is moving at such a rapid pace because of over-regulation?
Sometimes it's not the government's fault when corporations waste valuable resources. Sometimes it's a simple matter of maximizing short-term profits. CEOs are rarely evaluated based on how wisely they manage resources that their corporations don't actually pay for. In the unlikely event royalty owners succeed in their lawsuit and force exploration companies to pay for the gas they've wasted, you can bet those same companies will find a way to not burn off so much gas.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
... [Read Article]
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