TV News LIES

Friday, May 22nd

Last update10:23:57 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...


Past 12 Months Tied for Warmest on Record

Hottest year on recordApril capped a 12-month period that tied the warmest such stretch on record, according to data...

NOAA: BP oil spill still killing dolphins five years on

dead dolphinOil from the Deepwater Horizon disaster is still causing dolphin deaths five years after the spill,...

Statoil: North Sea pipeline breach 'significant'

North sea pipeline spillA February leak from the Gudrun platform in the North Sea had the potential to be...

Environment 2010 MCT Settlements reached in Deepwater Horizon disaster

Gulf spill case settledA committee of lawyers representing businesses and individuals claiming damages from the 2010 Gulf of Mexico...
 
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!