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A riveting portrait of a rural Pennsylvania town at the center of the fracking controversyShale gas extraction-commonly known as fracking-is often portrayed as an energy revolution that will transform the American economy and geopolitics. But in greater Williamsport, Pennsylvania, fracking is personal. Up to Heaven and Down to Hell is a vivid and sometimes heartbreaking account of what happens when one of the most momentous decisions about the well-being of our communities and our planet-whether or not to extract shale gas and oil from the very land beneath our feet-is largely a private choice that millions of ordinary people make without the public's consent.The United States is the only country in the world where property rights commonly extend "up to heaven and down to hell," which means that landowners have the exclusive right to lease their subsurface mineral estates to petroleum companies. Colin Jerolmack spent eight months living with rural communities outside of Williamsport as they confronted the tension between property rights and the commonwealth. In this deeply intimate book, he reveals how the decision to lease brings financial rewards but can also cause irreparable harm to neighbors, to communal resources like air and water, and even to oneself.Up to Heaven and Down to Hell casts America's ideas about freedom and property rights in a troubling new light, revealing how your personal choices can undermine your neighbors' liberty, and how the exercise of individual rights can bring unintended environmental consequences for us all.
Social sciences (general) --- Oil and gas leases --- Hydraulic fracturing --- Gas industry --- Landowners --- Environmentalism --- Environmental aspects --- Williamsport (Pa.) --- Environmental conditions.
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Industrial economics --- Taxes --- International financial management --- Petroleum industry and trade --- Petroleum--Handel en industrie --- Pétrole--Commerce et industrie --- -Oil and gas leases --- International business enterprises --- -Petroleum --- -Coal-oil --- Crude oil --- Oil --- Caustobioliths --- Mineral oils --- Business enterprises, International --- Corporations, International --- Global corporations --- International corporations --- MNEs (International business enterprises) --- Multinational corporations --- Multinational enterprises --- Transnational corporations --- Business enterprises --- Corporations --- Joint ventures --- Gas and oil leases --- Gas leases --- Oil and gas leases --- Oil leases --- Oil royalties --- Mining leases --- Natural gas --- Petroleum law and legislation --- Energy industries --- Oil industries --- Finance --- Taxation --- Law and legislation --- -Finance --- -Gas and oil leases --- Coal-oil --- Petroleum
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The Joint Operating Agreement (JOA) is widely used in the petroleum industry as a contractual framework for joint ventures across different continents and standards. The first part of this book deals with considerations prior to entering into a JOA, such as compliance with bribery laws; standards, practices and procedures across the petroleum industry; enforceability of JOAs and understanding decommissioning obligations. The second part focusses on key clauses within any JOA covering topics including health and safety considerations; liability and insurance; and control of operations and expenditures. This is a unique publication dedicated to analysing all of these key practical issues faced by oil and gas companies in different parts of the world in negotiating and implementing a JOA in a single book publication.
Industrial economics --- Economic law --- Commercial law. Economic law (general) --- Joint ventures --- Oil and gases leases --- Petroleum law and legislation --- Pétrole --- Sociétés en participation --- Concessions de pétrole et de gaz --- Law and legilsation --- Droit --- Oil and gas leases --- Concessions de pétrole et de gaz. --- Droit. --- Law and legislation --- Pétrole --- Sociétés en participation --- Concessions de pétrole et de gaz.
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