OR: I use the money I make from pumping out the oil in competition with you to make MORE money, and 20 years from now, my kids are sitting on a fat inheritance.
So now we're in a race even though you weren't interested in being in a race prior to me drilling my well? I've now forced you to do something you weren't interested in before.
You damage me, you pay damages. Be a dick, pay the price.
According to your take on it with regard to oil, it's all about being in a race. But now it's all about you being aware of the resource while I'm sucking water out of the aquifer. What if you don't know what I'm doing - let's say I don't allow you on my property and you're not an expert with regard to aquifers? You may not know the causes of why your land has lost its natural resource until after I've died. Clearly, you wouldn't be in the right to sue who purchased my land just before I died.
Nope, Nobody's fish, until you claim them.
Well, golly, it's all about making claims then. Then I guess I can claim all that water in the aquifer, right? Why not? I claim it's just like the oceans. I seriously doubt you have considered, until this moment, how deep land ownership goes. Do you own all the way to the center of the Earth, in the shape of an inverted pyramid for every square parcel you own?
Again, Unless you put a net across the stream, you are going to have a hard time affecting the rest of the river. One man with a pole don't make me no nevermind. And again, you do me harm, you pay damages.
I am going to put a net across the river. My lawyers are better than yours, and you're the only guy upstream, so good luck.
Because it is not the job of politics to address those issues. it is the job of the people to address that. The political structure simply delineates how. Libertarianism, and by extension, AnCap, simply says you cannot initiate the use of force to make someone comply with your wishes. That is the only restraint. You are free to use other, non-violent means to convince someone to stop clear-cutting their forest, and if they try to clear-cut yours, you can shoot 'em. If someone causes you damage through actions entirely on their property, you are entitled to recompensation.
You are not entitled to compensation by me under your ideology unless you have the ability to actually get me to pay you. Good luck.