Chesapeake, the largest natural gas producer in Pennsylvania, is losing money. The current low price of gas will leave the company around $4 Billion in the red this year. Part of their response is to use a recent state Supreme Court ruling to justify charging landowners for the drilling and transportation expenses involved in extraction, reducing or eliminating all royalties. What was once a windfall to Pennsylvania communities is now becoming a burden, with Chesapeake now retroactively billing landowners for previous expenses. StateImpact Pennsylvania has written and recorded a thorough report on the issue.
posted by Toekneesan
on Jun 29, 2013 -
"It seeped through the walls. It wafted up stairwells and elevator shafts. It was so bad, it rendered the other units on Nowell's floor unrentable. It was so bad, it made people dry-heave as they walked down the hallway. It was so bad, it caused the inspectors who examined Nowell's unit to gag and tear up. It was so bad, it attracted vermin. It was suffocating, overpowering, disgusting, distressing. It smelled like sour milk. Like diarrhea. Like mold." [The Man Who Smelled Too Much]
posted by vidur
on Nov 8, 2012 -