• root@precious.net
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    4 months ago

    Texas already owns all its oil, including ocean mineral rights. This was part of the terms of statehood.

    They were allowed to keep their unallocated lands and mineral rights in order to pay off their debts and become a state, rather than the United States assuming the debt.

    This turned out to be a huge financial boon for the state and continues to be.

    • e_t_@kbin.pithyphrase.net
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      4 months ago

      Perhaps you missed the sarcasm of “spread democracy”. I was referring to the United States’ history of invading or meddling in countries with oil. I don’t know why you think ownership is any obstacle to possession.