Aubrey McClendon and the Destruction of the Natural Gas Market

Thursday, February 7th 2013 - 21:53 UTC

Full article 6 comments

Aubrey McClendon is gone – or at least he's on his way out from Chesapeake energy (CHK). But the destruction of the natural gas market, where he was the ringleader in the shale gas land grab and cratering well price, is his real legacy, and not likely to be recovered from anytime soon. While Aubrey will now go into a very wealthy retirement, he leaves behind a decimated market and a long road to making natural gas a true transition fuel to energy independence and a renewable future. Read full article

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TWIMC

Oil Industry article says....:
“It is margins and profitability that make markets work.”

And Silly me that always thought that....:
“It is competition that makes markets work.”
Feb 07th, 2013 - 10:15 pm - Link - Report abuse 0
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DanyBerger
Another US tragic story...

Poor people from world power to a big source of laugh...
Feb 08th, 2013 - 06:45 am - Link - Report abuse 0
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Captain Poppy
dumburger....your predecessor troll possessed better English than you.
Feb 08th, 2013 - 04:20 pm - Link - Report abuse 0
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ChrisR
But isn't this what TMBOA wants?

Dead Cow promises (no technique available to win the gas) AR to provide ALL the gas energy for years to come.

But we all know what will happen with the present goons that are in the government don't we? It will be a FUBAR of gigantic proportions and only TMBOA will come out with any money as history repeats itself AGAIN!
Feb 10th, 2013 - 08:00 pm - Link - Report abuse 0
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DanyBerger
US shrinking and shrinking sad but so true.

I feel sorry for these poor souls like YankeeLadyBoy and Crap Tain PooPY ...

Once a superpower and now has less influence than Israel in Iran.

It is not sad?

I don't really know how these 2 guys can resist so much humiliation.

I cannot even think the kind of humiliation they will suffer when Yankee and Crap Tain PooPy have to clean toilettes in Tijuana for $0.50 per day.

But not all is so bad at least sure the Mexican will pay an extra $0.10 to hear Yankee and Crap Tain telling wonderful stories from US when they were so rich and so respected in the world...
Feb 10th, 2013 - 09:48 pm - Link - Report abuse 0
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Captain Poppy
You obviously know the wages based on your salary dumburger.
Feb 11th, 2013 - 12:24 am - Link - Report abuse 0
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