Friday, January 24, 2014
Which Reminds Me
Grandma's letter to Uncle Winfred reminds us that while mineral rights give us royalties on gas and oil extraction, under Texas law the rocks are owned entirely by the landowner, which in this case was Uncle Winfred and his family. In these days of fracking innovations I am not sure how Texas law would apply. Even if Uncle Winfred's family were involved in fracking operations, of which I know nothing, it would seem that we would get nothing out of that as the rocks are owned by them anyway. So whatever. I see no reason for extreme torture of me when I have no light to shed on this subject. I would imagine that the family has lawyers in place to explain this to the Cranfords and Kleins so there would be nothing that I could add to that.