News

Yesterday, ProPublica reported that ExxonMobil partnered with the American Legislative Exchange Council (ALEC), a shadowy, ultra-conservative lobbying group to oppose fracking regulations.

Read more about ExxonMobil partners with shadowy lobbying group, ALEC

Fracking, Regulatory Failure and the Wild West

April 24, 2012 | by Zack Malitz
In fracking, Natural Gas Exxposed

State and federal regulators are asleep at the wheel. Fracking remains virtually unregulated in the United States, putting our communities, health and safety at risk. It's time for us to create an energy policy that puts our communities and country ahead of corporate profit.

Read more about Fracking, Regulatory Failure and the Wild West

Shocking Conflict of Interest: Private Water Companies Partner With Fracking Lobby

April 23, 2012 | by American Independent News Network
In fracking, Natural Gas Exxposed

Two of the country's largest private water utility companies are participants in a massive lobbying effort to expand controversial shale gas drilling -- a heavy industrial activity that promises to enrich the water companies but may also put drinking water resources at risk.

Read more about Shocking Conflict of Interest: Private Water Companies Partner With Fracking Lobby

'World's Biggest Fracker' Pockets $1 Billion in Shady Deal

April 23, 2012 | by Rolling Stone
In fracking, Natural Gas Exxposed

Today, Reuters revealed that during the last three years McClendon has borrowed more than a billion dollars in order to pay the operating expenses of the wells that he participates in. For collateral, he has used his ownership in the wells – that is, the future production of the gas and oil.

Read more about 'World's Biggest Fracker' Pockets $1 Billion in Shady Deal

Enron with drilling rigs

April 23, 2012 | by Zack Malitz
In fracking, Natural Gas Exxposed

Last week, Reuters broke some unsettling news about Chesapeake Energy CEO and self-proclaimed "world's biggest fracker" Aubrey McClendon. Over the last three years, Aubrey has taken out over a billion dollars in loans to finance Chesapeake's drilling operations. For collateral, he's used his stake in the very same wells he's taken out loans to finance.

Read more about Enron with drilling rigs

Search form

You are here

News