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1-Old-Man

(2,667 posts)
8. If West Virginia had received $0.10 for every ton of coal that has been exported from its borders
Mon Feb 11, 2013, 09:43 AM
Feb 2013

I have read it would be the richest state in the country.

As a land owner here in WV I was paid $1 per ton for the coal that was removed when this place was stripped. I still own all the gas rights.

I think your 25% is way too high, but then a lot depends on what sort of recoupment of costs schemes are available to the particular industry relative to the type of extraction they will practice in removing the materials. And yes, this should be applied to gas and oil removed from private property too, because in the end the resource belongs to us all, not just the owner of the acre where the well is situated.

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