Thursday, March 22, 2012

Greg Palast: US Drops Plan For Extensive Review Of Fracking Natural Gas Extraction




Aubrey McClendon, America's second-largest producer of natural gas, has never been afraid of a fight. He has become a billionaire by directing his company, Chesapeake Energy, to blast apart gas-soaked rocks a mile underground and pump the fuel to the surface. "We're the biggest frackers in the world," he declares proudly over a $400 bottle of French Bordeaux at a restaurant he co-owns in his hometown of Oklahoma City. "We frack all the time. What's the big deal?"

Read more: The Big Fracking Bubble: The Scam Behind the Gas Boom

4 comments:

  1. Well, that's what "small government" and "deregulation" gets you: no oversight for people poisoning our country.

    ReplyDelete
    Replies
    1. No, that's what statist crony capitalism gets us.

      Delete
    2. Crony capitalism has nothing to do with it.

      Delete
    3. You have absolutely no idea what state capitalism is, do you? Or you're just equivocating again.

      Delete

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