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Subsurface ownership boundaries are the same as those upon the surface, projected downward to the center of the Earth. This concept is based upon a Roman legal principle of property law, cuius est solum eius est usque ad coelum et ad inferos (for whosoever owns the soil, it is theirs up to the sky and down to the depths).
Such a condition is called a split estate. Once severed from surface ownership, oil and gas rights may be bought, sold, or transferred, like other real estate property. Ownership in the oil and gas rights for different horizontal layers, or strata, may be further divided and sold to different parties.
The sum of the imports of the states is lower than the value of the United States' total imports. The difference results from goods originating from states of origin, returned goods and goods with unidentified states of origin. Overall, Texas has the highest export rank, while the Northern Mariana Islands has the lowest export rank.
The commission was established by the Indiana General Assembly as the Railroad Commission in the late 1800s to regulate the railroads in the state. [1] On March 4, 1913, Governor Samuel M. Ralston signed the Shively-Spencer Utility Act giving it the additional authority to regulate electric, natural gas, water, private sewer, and telephone utilities along with common carriers (trucking) and ...
The Revenue Act of 1964 restricted the SALT deduction to state and local taxes on real property, personal property, income, general sales, and gasoline and other motor fuels. [17] Amid the 1970s energy crisis, Congress passed the Revenue Act of 1978, which eliminated the deduction for state and local taxes on gasoline and motor vehicle fuel.
WASHINGTON (Reuters) -A bipartisan group of lawmakers unveiled a bill late Wednesday that would make it easier for the Biden administration to impose export controls on AI models, in a bid to ...
United States energy independence is the concept of eliminating or substantially reducing import of petroleum to satisfy the nation's need for energy. Some proposals for achieving energy independence would permit imports from the neighboring nations of Canada and Mexico, in which case it would be called North American energy independence.
The current energy codes [clarification needed] of the United States are adopted at the state and municipal levels and are based on the International Energy Conservation Code (IECC). Previously, they were based on the Model Energy Code (MEC). As of March 2017, the following residential codes have been partially or fully adopted by states: [27]