TV News LIES

Thursday, Jul 03rd

Last update05:26:35 AM 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...


EPA places staffers who signed ‘dissent’ letter on leave

EPAThe Environmental Protection Agency (EPA) is placing staffers who signed a letter of dissent against the Trump...

Oregon wildfire destroys homes and raises fears for looming fire season

Oregon wildfires A growing wildfire in Oregon has destroyed multiple homes and prompted evacuation orders in the Columbia...

New Jersey wildfire burns over 5,000 acres in Wharton State Forest

NJ wildfiresEmergency officials in New Jersey confirmed that firefighters have contained 60% of the state's wildfire in...

Major US climate website likely to be shut down after almost all staff fired

Weather station A major US government website supporting public education on climate science looks likely to be shuttered...
 
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!