TV News LIES

Tuesday, Sep 02nd

Last update08:51:17 PM GMT

You are here News Environment The casualties of Chesapeake's "land grab" across America

The casualties of Chesapeake's "land grab" across America

E-mail Print PDF

Chesapeake land grabRanjana Bhandari and her husband knew the natural gas beneath their ranch-style home in Arlington, Texas, could be worth a lot - especially when they got offer after offer from Chesapeake Energy Corp.

Chesapeake wanted to drill there, and the offers could have netted the couple thousands of dollars in a bonus and royalties. But Bhandari says they ultimately declined the deals because they oppose fracking in residential areas. Fracking, slang for hydraulic fracturing, is a controversial method used to extract gas and oil.

Their repeated refusals didn't stop Chesapeake, the second-largest natural gas producer in the United States. This June, after petitioning a Texas state agency for an exception to a 93-year-old statute, the company effectively secured the ability to drain the gas from beneath the Bhandari property anyway - without having to pay the couple a penny.

In fact, since January 2005, the Texas agency has rejected just five of Chesapeake's 1,628 requests for such exceptions, a Reuters review of agency data shows. Chesapeake has sought the most exceptions during that time - almost twice the number sought by a subsidiary of giant rival Exxon Mobil, Reuters found.

More...


Most Recent Related Stories...


Halliburton Pays $1B for Gulf Oil Spill

HalliburtonHalliburton Co. agreed to pay $1.1 billion to settle a majority of lawsuits brought over its...

Japan mercury poisoning survivors boost Canadian First Nation's compensation push

First Natio mercury caseMercury poisoning survivors and experts from Minamata, Japan — the site of one of the world’s...

Pa. releases list of wells impacted by drilling

gas drillingAfter years of delays and confusion Pennsylvania has released details of 243 cases where regulators determined...

California lawmakers pass first U.S. plastic bag ban

plastic bag ban in CALawmakers are sending Gov. Jerry Brown a bill that would make California the first to impose...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!