Caveat emptor is Latin for "Let the buyer beware" Generally, caveat emptor is the contract law principle that controls the sale of real property after the date of closing,
Most people going house shopping start off their list with the usual; number of bedrooms, extra bath facilities, garage, total floor space and a few other items that helps them "price" their potential new home. Not enough people look into the environmental threats that can make or break a house's worthiness for the price.
The potential for disaster from flooding and pollution are often not even considered as they're not as immediately obvious. Current research sparked by new energy seeking procedures like fracking for oil and gas are now being shown to have an incredible impact on a properties value, rendering some worthless after an accident by oil and gas workers.
>>> Full Story <<<
Showing posts with label O & G Financial News. Show all posts
Showing posts with label O & G Financial News. Show all posts
Friday, January 17, 2014
Wednesday, October 23, 2013
Shale Investments Not Paying Off According to Outgoing Shell CEO
Shell’s outgoing CEO Peter Voser tells the Financial Times of London that he regrets the company’s large investment into U.S. shale. In an exit interview with the Financial Times, outgoing Royal Dutch Shell CEO Peter Voser says the company has yet to profit from its $24 billion investment into “unconventional” shale oil and gas in the United States.
>>> Read More <<<
Subscribe to:
Posts (Atom)
