Credit: Brad Gregg First, the taxes. According to a report in Bloomberg News, Chesapeake has paid very little of the taxes owed on $5.5 billion it’s made since its founding. The reason rests with a law — written back when people were still mostly getting around on horse and buggy — that allows oil and […]
anti-trust
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As the well turns
Credit: Brad Gregg Meanwhile, the latest kick to the well head for Chesapeake came in a Reuters story yesterday showing that Chesapeake possibly worked with a competitor to suppress land prices on its oil and gas plays. According to emails obtained by Reuters, Chesapeake CEO Aubrey McClendon had explicit knowledge of his company working with […]