The Most Valuable Plot Of Land In America
Вставка
- Опубліковано 14 лис 2023
- The McDermitt Caldera is a 28 by 22-mile wide area that spans across northern Nevada and southern Oregon. A recent discovery could make it the most important plot of land in the country. And with value comes conflict.
Subscribe to Morning Brew
Sign up for free today: www.morningbrew.com/daily/sub...
Follow The Brew!
Instagram - / morningbrew
Twitter - / morningbrew
Tik Tok - / morningbrew
What a deal! I'll take two!
"I'd hate for us to grow to the point where we're like, a major city. Like Reno."
Sounds like a Chinese company with an American front company.
Hey, that’s my photo on the sign at
$1.5 trillion? Wow, that could finance the federal deficit for 150 days.
I grew up in the oil fields of Oklahoma and you can easily find the effects of fast money and greed .now look at what is left there.
My brother lives in Midland TX, and over the last decades, he has described the problems resulting from the move to fracking in the oil fields. Cost of living increases. Lack of housing. Lack of teachers, police, firepersonnel. Infrastructure degredation (mostly highways).
On a trip to the oil fields in the Dakotas, I learned about the fatal flaw in the rapid development of natural resources. The problem is that the income generated for the local and state governments is considered temporary even if it is expected to last for decades. This means that the funding for growth is done in the form of grants and short-term funding. This means there will be funding for things but not for people. In other words, police vehicles will be funded, but law enforcement officers will receive little or no funding. It creates a situation that destroys the quality of living for residents.
I lived in Winnimucca at one time. As well as McDermitt. I redid the "White Horse saloon" that straddles the Oregon/Nevada line in McDermitt. Most of that area is home to the Paute inian nation. I remember we visited an abandoned mine in McDermitt at one time. LOTS of open country. Also of note is that the largest aquifer in north America is the Lahontan aquifer, part of the Lahontin sink. There are great deal of geographic things going on in that area.
Winnemucca should discuss their problem with cities in Alaska's north slope to find out how Alaska dealt with similar problems during peak oil production. Doing so could help them avoid mistakes that Alaskans may have made.
Lithium prices dropped 90% from last year. Looks like Chinese decided keeping us from producing our own was worth more than getting higher prices now.
Very informative well put together. Enjoyed watching!
No Chinese company should have a stake in American land, minerals or farming
There was a time when 'off the grid' meant no electricity. Apparently, now it means no cellphone service.
North out of Winnemucca into Oregon is some of the most desolate and remote land I've ever been to. And I've been everywhere, man.
Great vid dude. Ive been following these developments for a while, but this was super helpful for context and overview
I've rode my motorcycle through this area for years and it will be interesting to see how this changes over time as this project evolves. I'm all for change if necessary but it's sure a bummer to watch small towns get consumed with new growth. It's more irritating that China already has it's fingers in the pot!
It's actually not a recent discovery. The initial mineral exploration of the site was done in the 60's or 70's when energy prospecting for Uranium recognized the lithium deposit as what at the time was considered an interesting but non-focus by-product.
Wow, well done on the geologic explanation and covering all aspects of the new lithium boom in that area. If you drive US Route 95 at night through that area, you can see the lights of all the drill rigs working 24/7, exploring for lithium. Great Video!
Great reporting! And great video, well done brother, I enjoyed that.