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- W2313482669 abstract "This is a multinational study of a rule of private property in the oil, gas, and mineral water business as well as a comparative analysis of the tenacity of the common law doctrine of capture in administrative law systems designed to rationalize subsurface rights. The law of capture endows the finder of a valuable subsurface liquid with the right to produce as much of it as possible, limited only by the capacity of an adjoining driller to pump more liquid out of the ground. The application of the law produced vast waste, overdrilling, and uncollected natural gas. Terence Daintith finds the root of the problem in “the uncontrolled exercise of private property rights in oil and gas that made the law of capture operate with such disastrous effect, and it is the excessive reverence for such rights that sustains unnecessary obstacles to rational oilfield exploitation in the United States at..." @default.
- W2313482669 created "2016-06-24" @default.
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- W2313482669 date "2012-02-01" @default.
- W2313482669 modified "2023-09-26" @default.
- W2313482669 title "Terence Daintith . Finders Keepers? How the Law of Capture Shaped the World Oil Industry . Washington, D.C.: RFF Press. 2010. Pp. xvii, 500. Cloth $130.00, paper $59.95." @default.
- W2313482669 doi "https://doi.org/10.1086/ahr.117.1.174" @default.
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