Business, Fuel

Chesapeake Pushed Into Bankruptcy by Plunging Energy Prices

Employees work on a Chesapeake Energy natural gas rig in Texas in November 2009. Employees work on a Chesapeake Energy natural gas rig in Texas in November 2009. (Matt Nager/Bloomberg News)

Chesapeake Energy Corp., the archetype for America’s extraordinary shale-gas fortunes, filed for bankruptcy, becoming one of the biggest victims of a spectacular collapse in energy demand from the virus-induced global lockdown.

June 29, 2020
Government, Business, Safety, Fuel

Pennsylvania’s Gas Politics Churn as Trump Embraces Industry

Pipeline marker A post marks the location of a shale gas pipeline in Zelienople, Pa. (Keith Srakocic/AP)

EXTON, Pa. — For a second time in three months, President Donald Trump is headed to Pennsylvania to promote his support for the natural gas industry, making clear that he sees his pro-industry policies as a boost to his chances of winning the battleground state.

Marc Levy | Associated Press
October 23, 2019
Government, Business, TCA

Wisconsin Frac Sand Producers Seek Relief From Rail Costs, Service Issues

Wisconsin frac sand loaded onto a railcar Sand for hydraulic fracturing is loaded onto a railcar in Maiden Rock, Wis. (Ariana Lindquist/Bloomberg)

In a clash of old and new industries, Wisconsin frac sand producers say their business is threatened by a handful of railroads operating under outdated regulations. Wisconsin produces about a third of the nation’s supply of sand used to extract natural gas and oil through a process known as hydraulic fracturing, or “fracking.”

Chris Hubbuch | Wisconsin State Journal
July 30, 2018
Business, Fuel

Harvey’s Floods Could Delay 10% of US Fracking, Analyst Says

Rainwater surrounds oil refinery storage tanks Rainwater surrounds oil refinery storage tanks in Texas City, Texas, Aug. 30. (Luke Sharrett/Bloomberg News)

As much as 10% of U.S. fracking work could be delayed after Hurricane Harvey ripped through southeast Texas, soaking thousands of miles of dirt roads snaking through one of the nation’s busiest oilfields.

September 1, 2017
Government, Business

Cuomo to Ban Fracking; Health Officials Call It Unsafe

The New York state Health Department said fracking for natural gas can’t be done safely, dooming prospects that Governor Andrew Cuomo will end a six-year moratorium.

December 18, 2014