forced pooling

I drink your milkshake

It's interesting how certain phrases stick in people's minds and enter the popular culture.  Stay with me here.

Five Feet of Fury proprietor, Canadian Kathy Shaidle, often has funny—but largely unprintable, at least by me—stuff on her blog. She recently linked to a site called (content warning) Better Book Titles. You'll get the idea by looking at this, which at least is not profane:

and which is a humorous reference to this far-from-humorous movie:

What has all this got to do with anything?  This, from earlier this year:

Opponents of forced pooling — and that would include [Pennsylvania] Gov. Tom Corbett — should watch the movie “There Will Be Blood,” according to the state’s leading Marcellus Shale geologist.
 
Terry Engelder explained that the concept — whereby drillers are allowed to remove natural gas from beneath properties of owners who refuse to lease their mineral rights — originated with Upton Sinclair's expose of the oil industry, "Oil!", which forms the basis of the 2007 Academy Award-winning film.
 
Speaking to the governor’s Marcellus Shale Advisory Commission on Friday, Engelder acknowledged up front that the concept bumps squarely up against traditional property rights.
But the benefits, he said, have been determined time and again to outweigh the risk of infringing on those rights...

...At the moment, Engelder said, the state has the worst of all worlds.
While drillers cannot lay pipe under a property that has not leased its mineral rights, they can drill immediately adjacent to it and legally fracture the shale under that property and drain gas from it — without compensating the owner.
 
That’s the rule of capture.
 
What’s more, hold-out owners can prevent drilling into areas where gas has been leased, thereby denying those lease holders the royalties that could be generated from their property.
 
Engelder showed an example from Lycoming County where he estimated 5 billion cubic feet of gas and $20 million in revenue had been stranded by one hold-out landowner.
 
“This is not what the oil and gas conservation law of 1961 intended as an outcome,” he said.
 
Engelder said pooling “maximizes the economic benefit, minimizes wasteful stranded gas, minimizes the environmental footprint and provides just and fair compensation” to all...
In fact, Sinclair's 1927 novel so outraged folks that it led to the formation in 1935 of the IOGCC, the Interstate Oil and Gas Compact Commission (one of the 2011 co-designers of FracFocus) and ultimately to forced pooling (or as we call it here, compulsory integration) laws across the country.
 
And who is this Terry Engelder?
Penn State University professor Terry Engelder, a tireless supporter and promoter of shale gas drilling—particularly in the Marcellus Shale—has just been named one of Foreign Policy Magazine’s “Top 100 Global Thinkers” for 2011 for his research into recovering natural gas from shale using hydraulic fracturing.
 
Engelder, along with Gary Lash, professor of geoscience, State University of New York, Fredonia, with whom he collaborates, and George P. Mitchell, Texas oilman, were designated number 36 on the list "for upending the geopolitics of energy."...
 
As for the title of this post?  You'll just have to see There Will Be Blood.  Fair warning: it's intense.
 
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