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 - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
... [Read Article]
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