TV News LIES

Sunday, Apr 23rd

Last update05:20:13 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...


Florida blaze spreads after ripping through homes, evacuating thousands

Florida fires spread westA growing brush fire in South Florida is destroying buildings and forcing thousands of people from...

22,000 years of history evaporates after freezer failure melts Arctic ice cores

Freezeer failure erases 20,000 years of Arctic historyWithin them sits some 80,000 years of history, offering researchers tantalising clues about climate change and...

Receding glacier causes immense Canadian river to vanish in four days

Candaian glacier recedes; river disappearsAn immense river that flowed from one of Canada’s largest glaciers vanished over the course of...

EPA Chief Pruitt: U.S. Should 'Exit' Paris Climate Agreement

Pruitt says to exit paris climate accordEnvironmental Protection Agency Administrator Scott Pruitt said on Thursday that the United States should exit the...
 
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!