"If Texas became independent could it claim all oil in its land and territorial waters without cost?

Question

I am thinking of claims by Scottish National Party who think Scotland can do this with North Sea Oil and want to know position elsewhere

Answer 1

As for Taxes becoming independent etc., all I can say is: Please God.

Answer 2

Scotland does not claim any oil. What it claims (quite properly in my view) is the right to collect taxation from oil profits generated in its territorial waters. I believe Texas could claim nothing more than that. It certainly cannot nationalize oil reserves without an enormous payment to the producers.

Answer 3

Do you mean would Texas be able to "nationalize" it from citizens of Texas, or do you mean maintain the claims of Texans to their private property while "repatriating" Texas resources from non-Texas citizens?

Answer 4

Could Texas survive on its own?

Answer 5

From what I understand...you make alot of sense!