“Below the ground, the federal government owns the rights to mineral and energy leases, from which they receive royalties, rents, and bonus payment,” writes the Institute for Energy Research, an industry group.
[credit provider=”Turner Enterprises”] Maybe 270,000 acres isn’t what it used to be. Two billionaire brothers from Texas recently bought 177,000 acres of ranch land in Montana, bringing their total land holdings in the state to more than 276,000. The brothers, Farris and Dan Wilks, who made their money from selling […]
With a new generation of leaders taking the helm in China, reforming China’s land system is said to be on top of the agenda.