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Started By
Message
re: Alaskan Oil Royalties
Posted on 5/4/10 at 3:44 pm to o0 ecdysis 0o
Posted on 5/4/10 at 3:44 pm to o0 ecdysis 0o
quote:
There's a clear difference between 'federal lands', which are clearly bound by state lines, and federal waters.
So what? That doesn't explain why New Mexico gets half of the revenues from production on Federal land. State lines or not it is still federally owned land. They don't deserve any greater share because they have a state line.
I promise you I could draw state lines in federal waters. If something is on the border like the Garden Banks you share the revenue with the adjacent state.
1
Posted on 5/4/10 at 3:48 pm to tgrgrd00
quote:
So what? That doesn't explain why New Mexico gets half of the revenues from production on Federal land. State lines or not it is still federally owned land. They don't deserve any greater share because they have a state line.
maybe i'm not understanding...
my point is that the land is in new mexico, while federal waters are not in any state.
quote:
I promise you I could draw state lines in federal waters. If something is on the border like the Garden Banks you share the revenue with the adjacent state.
i'd love to see it. i don't see how you could make a call with GB or Miss Canyon.
This post was edited on 5/4/10 at 3:50 pm
Posted on 5/4/10 at 4:02 pm to o0 ecdysis 0o
quote:
my point is that the land is in new mexico, while federal waters are not in any state.
The land may be in New Mexico but it isn't New Mexico land. Just as you say the federal water doesn't belong to any state.
Posted on 5/4/10 at 4:14 pm to tgrgrd00
quote:
he land may be in New Mexico but it isn't New Mexico land. Just as you say the federal water doesn't belong to any state.
understand. my point is that the liabilities that the state holds (i.e. pollutions), the law that governs (unless explicitly stated otherwise), and the base of the labor/supply/transport will be new mexico's alone because of the nature of onshore.
we cannot say that about the GoM.
Posted on 5/4/10 at 4:16 pm to Tiger Vision
Standard Oil owned the state legislature for a while there.
Posted on 5/4/10 at 4:34 pm to Tiger Vision
Seems like a bad deal!
Posted on 5/4/10 at 6:55 pm to ItTakesAThief
quote:
probably a relic of trying to encourage people to live there.
exactly right.....
Posted on 5/4/10 at 7:17 pm to LSUintheNW
Yeah don't they get tax breaks to for living in Alaska?
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