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In reply to the discussion: Aubrey McClendon, indicted former CEO, dead in car crash [View all]xocet
(3,871 posts)10. Here is a pair of non-FauxNews links...the first is very minimal...
Here is another with more information:
Embattled Ex-Chesapeake CEO Aubrey McClendon, Who Helped Fuel The US Shale Revolution, Dies In Car Wreck: Report
By Maria Gallucci
Aubrey McClendon, the former CEO of Chesapeake Energy Corp. and one of the most successful energy entrepreneurs of recent decades, died in a car wreck Wednesday at age 56, Oklahoma City police confirmed. McClendon died after driving his vehicle into a wall, CNBC reported.
McClendon's death comes one day after the U.S. Department of Justice indicted him on a charge of conspiring to rig bids for crude oil and natural gas leases while at Chesapeake from late 2007 to early 2010.
When the Oklahoma entrepreneur launched his company, Chesapeake Operating, in 1989, the U.S. was well past its boom in oil and gas production. But engineers in Texas, especially George P. Mitchell, were making exciting discoveries in the oil patch, hinting that vast stores of crude oil and natural gas could soon be unleashed from shale rock formations deep underground.
McClendon pounced. Chesapeake in the early 2000s began feverishly snapping up natural gas leases and wells across Texas, Arkansas and Louisiana before heading east to Pennsylvania and Ohio. The rest of the energy industry soon followed suit, sparking a U.S. shale drilling boom and transforming the U.S. from a bit player to a major force in the global energy sector.
...
http://www.ibtimes.com/embattled-ex-chesapeake-ceo-aubrey-mcclendon-who-helped-fuel-us-shale-revolution-dies-2329008
By Maria Gallucci
Aubrey McClendon, the former CEO of Chesapeake Energy Corp. and one of the most successful energy entrepreneurs of recent decades, died in a car wreck Wednesday at age 56, Oklahoma City police confirmed. McClendon died after driving his vehicle into a wall, CNBC reported.
McClendon's death comes one day after the U.S. Department of Justice indicted him on a charge of conspiring to rig bids for crude oil and natural gas leases while at Chesapeake from late 2007 to early 2010.
When the Oklahoma entrepreneur launched his company, Chesapeake Operating, in 1989, the U.S. was well past its boom in oil and gas production. But engineers in Texas, especially George P. Mitchell, were making exciting discoveries in the oil patch, hinting that vast stores of crude oil and natural gas could soon be unleashed from shale rock formations deep underground.
McClendon pounced. Chesapeake in the early 2000s began feverishly snapping up natural gas leases and wells across Texas, Arkansas and Louisiana before heading east to Pennsylvania and Ohio. The rest of the energy industry soon followed suit, sparking a U.S. shale drilling boom and transforming the U.S. from a bit player to a major force in the global energy sector.
...
http://www.ibtimes.com/embattled-ex-chesapeake-ceo-aubrey-mcclendon-who-helped-fuel-us-shale-revolution-dies-2329008
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True, that. It's already a huge story here. I've known many young people who got their start
Tess49
Mar 2016
#15
Thank you for correcting my mistake. McClendon's degree was not in petroleum engineering. n/t
John1956PA
Mar 2016
#31
I think Bud Dwyer had been convicted and was to be sentenced the following day.
John1956PA
Mar 2016
#22