Check this out:
Ranjana Bhandari and her husband knew the natural gas beneath their ranch-style home in Arlington, Texas, could be worth a lot – especially when they got offer after offer from Chesapeake Energy Corp.
Chesapeake wanted to drill there, and the offers could have netted the couple thousands of dollars in a bonus and royalties. But Bhandari says they ultimately declined the deals because they oppose fracking in residential areas. Fracking, slang for hydraulic fracturing, is a controversial method used to extract gas and oil.
Their repeated refusals didn’t stop Chesapeake, the second-largest natural gas producer in the United States. This June, after petitioning a Texas state agency for an exception to a 93-year-old statute, the company effectively secured the ability to drain the gas from beneath the Bhandari property anyway – without having to pay the couple a penny.
In fact, since January 2005, the Texas agency has rejected just five of Chesapeake’s 1,628 requests for such exceptions, a Reuters review of agency data shows. Chesapeake has sought the most exceptions during that time – almost twice the number sought by a subsidiary of giant rival Exxon Mobil, Reuters found.
Chesapeake says it only seeks exceptions to the Texas statute – called Rule 37 – as a last-ditch effort, and often because it cannot locate the land owner. The law, company spokesman Michael Kehs said, “protects the rights of the majority of mineral owners.”
In other words, the land you own may have oil or natural gas underneath it and may be worth millions of dollars. However, the good people over at CHK can get a judge, who is bought and paid for, to declare that YOUR PROPERTY can be drilled on (horizontally), extracting all resources for the direct and explicit benefit of this mighty fine oil and gas company.
What the fuck!
Are we so impotent as a people to just let this sort of stuff continue? Clearly, I am not out there in Texas protesting for landowners rights. But are these subjects ever broached? Do people even give a shit anymore?
In other news, get ready for the Romney-Obama debate, where they will talk about NOTHING of American importance, but stand there calling each other names and driving wedges between the country, all the while–ever so quietly, this type of shit happens.