Colorado B.S. Thread

And by "R&D" you mean lobbyists. All I'm saying is the oil and gas industry would rather frack oil in your backyard to sell oil oversees at a higher profit, than to find an alternative.

 

I guess this is more widespread than initially reported...Colorado has had few cases

http://fox13now.com/2017/03/21/cyan...-owner-placed-illegally-by-wildlife-services/

 

I'm a XOM shareholder, so I'm not impartial. From that standpoint, yes, you are right, I want them to do it cheaper and sell it for more. It's part of my acceptance that none of us can individually change the system. You have to figure out a way to play by the rules of the game or you automatically lose for not playing. Do I wish we didn't pollute the Earth? Yes, no argument we're fucking things up. I'm trying to live simply and reduce my impact personally. But I'm no live off the land hippy and never will be, so I'm also not going to end up destitute in the face of reality.

But FWIW, Exxon spent about $12 million on lobbyists in 2016 according to their shareholder information. Now that's above board spending and I know money tends to slosh around in Washington, but their R&D money is actually largely accounted. The algae stuff was partially spent through a large investment (the $500 million) in a company called Synthetic Genomics out in San Diego. It is a legitimate start-up. It was co-founded by a Nobel Laureate named Dr. Hamilton Smith. He is actually one the people responsible for mapping the human genome at Celera but has done much work over the years in genetics.

 

And when they are able to "legally" do what they want by way of owning politicians, there's little reason to change. But until people stand up for change (instead of sharing a meme on Facebook thinking they are helping), nothing will change.

 

I hear ya Aero!

 

Just because you're the only one here who has witnessed the rise and fall of the dinosaurs doesn't mean you can get snarky.

 

If we are going to talk Lobbyists no one does that like Insurance companies...

 

In other news... Sunday will be... Bacon.

 

Alright, it Friday eve and we need to move to something fun

 

I do. Again, it’s not fracking that bothers me. It’s the scale. I get there is pretty much nothing, other than a change in state law, that’s going to change anything. I also get that state law isn’t going to change, as too many people have too much money in their back pocket from lobbyists. The bulk of the wells, 68 of em, will be going in about 1/4-1/2 mile from my son’s school.

 

Damn, no bacon here on Sunday.

 

Im working on a rockwell hardness B testing of 110-Copper lab if you want to help with that

It has copper in it...

So does the cups that are used in Moscow mules....

Moscow mules have alcohol in them....

Alcohol typically leads to something fun....

Fun is more funner then this lab is

 

Nope, have 4 hours of this starting in 2 minutes.

http://somalogic.com/technology/our-platform/

Plus no alcohol relationship to amuse me.

 

But if you brought in an alcoholic relationship to amuse you you would eventually be very amused with the measuring of biology in real time

 

Anyone running any trails this weekend?

 

I sympathize with your plight, but a couple comments for consideration:

• Part of the problem is that we keep putting up residential on areas that may be better used for mineral/oil extraction or farmland or whatever.
• Some of your righteousness and indignation (and totally understandable) should perhaps be redirected to the people who developed the land that you unknowingly bought with highly viable mineral and oil interests below the surface and no knowledge about the mineral extraction rights.
  
• My approach might look something like this: 1) Change the law to require disclosure by developers of the mineral rights below the surface and the viability of extraction...that way the market (ie. homebuyers) could take this into account when purchasing homes and would likely be reflected in the initial and ongoing sale prices. 2) For those homebuyers that have been previously duped into buying into developments that have viable fracking opportunities, we should probably consider changing of extraction rules for those specific areas so we dont exacerbate the situation. Odds of Colorado lawmakers agreeing on that are slim to none...but remember you get what you elect.
  
• The extraction of gas and oil and selling these abroad or at home -- believe it or not --drives down the prices here at home and across the globe. It is a global market and driven by global supply. The US has now become the #1 natural gas and #2 oil producer in the world in less than a decade even while the Obama administration was limiting public lands on which this could be done. This has several good impacts. Driving the cost of energy down, making us less dependent on foreign oil....which seems to be funding our islamic extremist 'friends'. The best way to reduce the islamic terror risk is to starve the beast. We are doing exactly that when we drive down prices and don't rely on others for oil and send billions and trillions there way (e.g. Saudi Arabia and many of the middle eastern oil producers).

I know this doesn't help you with your current situation and I would be pissed as well. But, I think you are directing you anger at the wrong entities. Those developers knew at the time they developed the land, they knew the mineral rights laws, and they probably had a darn good idea of the desirability of extraction. My guess is they didn't spend any time with the residential home buyers laying out these potential risks and any subsequent secondary sellers of used home. Those are the guys/gals that pulled a fast one....not the oil/gas extractors.

You also need to spend some time considering the collateral damage associated with other alternative forms of energy including battery packs, solar farms, rare metals extraction, power producing/transporting facilities, etc. None of this stuff comes for 'free'.

 

@SilvFx, when you buy a house in Colorado one of the documents you sign is a disclosure that you either are or are not buying the mineral rights to the parcel. The legislature passed a law (SB 14-009) in 2014 and it's been in effect since 2016. But a good title company should have that information at closing. We've had it in our two most recent sales/buys in 2003 and 2012.

Changing the split estate rules is opening a can of worms historically in the West. You might have better luck starting with something easy like water rights or open grazing. Mining is after all really why there is a Colorado at all.

 

Wooo