TV News LIES

Tuesday, Aug 04th

Last update11:20:51 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...


Wildfires rage in Calif. as thousands forced to leave homes

california wildfiresThousands of Californians remained out of their homes Monday as fires fueled by withering grass, brush...

Obama's clean power plan hailed as US's strongest ever climate action

Obama's clean power actHundreds of businesses including eBay, Nestle and General Mills have issued their support for Barack Obama’s...

World's Glaciers Melting At Fastest Rate Since Record-Keeping Began

melting glaciersThe world's glaciers have melted to the lowest levels since record-keeping began more than 120 years...

‘I drank the water and ate the fish. We all did. The acid has damaged me permanently’

I drank the water, ate the fish....You can’t see the old Chingola copper mine, with its smelter and refinery, from the village...
 
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!