Wednesday, November 5, 2008
The paper on drilling in the Marcellus Shale mentioned in the previous post is very timely -- I just did a short unit on ownership of water and natural resources in my first-year Property class. This was the first time that I've covered natural resources in Property. I thought it worked very well, and brought out some very important issues (e.g., that the mineral estate generally is dominant over the surface estate). I know that it is hard to cover more material in the ever-shrinking first-year course, but I thought that the mineral and water issues were worth the hour or two it took to discuss them.
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