£154.73

Routledge - Finders Keepers?: Law of Capture in Oil Industry

Name: Routledge - Finders Keepers?: Law of Capture in Oil Industry
Brand: Routledge
Price: 154.73 GBP
Availability: InStock

Drilling

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Description

Explore the history of the oil industry through the lens of the law of capture. This book examines how production activity has been governed by the principle that one owns the oil recovered from their property, even if it migrated from neighboring land. Often called a "finders keepers" rule, this legal concept has faced heavy criticism from foreign observers who describe it as a "law of the jungle." Learn how American commentators identified this principle as the reason for massive oil and gas waste during the first half of the twentieth century. While the law of capture has become a marginal factor in most countries today, this text explores why it remains a significant force in specific contexts. It provides a deep look into the economic history and legal frameworks that shaped global energy production and resource management.

Key Features

Examines the historical impact of the law of capture on global oil and gas production methods.

Analyzes the "finders keepers" principle and its role in property rights and resource ownership.

Provides insight into why US production methods led to significant resource waste in the early twentieth century.

Discusses the international criticism of American oil laws and the "law of the jungle" reputation.

Compares the modern significance of the law of capture in the US versus other countries.

Product Specifications

Brand: Routledge
Format: hardcover
ASIN: 193311584X
Category: Books > Subjects > Science, Nature & Maths > Engineering & Technology > Petroleum, Mining & Geological > Drilling
Domain: Amazon UK
Release Date: 31 August 2010
Listed Since: 27 October 2009

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Routledge - Finders Keepers?: Law of Capture in Oil Industry

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