In throwing out a rural Pennsylvania lodge’s bid to have the court revise an eight-year-old oil-and-gas lease, a federal judge said the court can’t make up for the dwindling natural gas market in the state or the plaintiff’s outsized expectations for gas royalties.
Quoting Alexander Pope as writing, “‘Blessed is the man who expects nothing, for he shall never be disappointed,’” U.S. District Judge Matthew Brann of the Middle District of Pennsylvania said the dispute before him was spawned by the “outsized and unsupported expectations” of landowners who entered an oil-and-gas lease when the natural gas boom in Pennsylvania was reaching its zenith.
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