America’s Secret Google Robert Bryce Jordan Smith Chapter 24

Mineral Rights Mineral rights in 2007 equaled the same revenue as Google - $21.8 Billion Barnett Shale in Texas had people getting $25,000 per acre for drilling rights.

Wealth From Oil Mike Smith – $1.3 million plus 25% of all the gas output from his 300 acre of land. Colorado jobs – 71,000 in 2005 were attributed to oil and gas. Oklahoma jobs – 14% of states employment and 18% of states income.

Questions Can you own mineral rights in America? yes What percent of Oklahoma’s jobs come from oil? 14%

Resources Bryce, R. (2010). Power hungry: The myths of "green" energy and the real fuels of the future. New York, NY: PublicAffairs.