Chesapeake Pulls Out **Update**

"We Don't Know Where They're Going!"  
Ft. Worth, TX Mayor Betsy Price (June 11, 2012)

**Update** ~ June 19, 2012

Chesapeake Energy To Lay Off 70 DFW Workers « CBS Dallas / Fort Worth cbsloc.al/McFaof CBSDC #fracking #endfossilfuelsubsidies @Mruff221
— Westchester Gasette (@WCGasette) June 19, 2012

Click here to watch the video and read the CBS (Dallas/Fort Worth) Channel 11 news story.

FORT WORTH (CBSDFW.COM)-[...]Fort Worth Mayor Betsy Price, who has been working to position the city as a shale gas capitol, said any struggles for a business are concerning, but she doesn’t think they’re permanent.

"I think it goes with the cyclical turn in the economy and the lower gas prices and I believe it’ll come back," she [Betsy Price] said.

Chesapeake’s VP of Urban Development Julie Wilson said in an email to CBS11 that the building isn’t listed for sale. She followed by writing "As with any property we own in North Texas — or anywhere else, for that matter — we are always willing to entertain an offer!"[...]{emphasis added}

Chesapeake Energy: The Next Enron?

Click Here to View the Video

The Truth About Shale Gas Production **Updated**

Thank you Deborah Rogers.

**Update**

In case you missed the New York Times article from June 2011 featuring Ms. Rogers, click here. Lots of information and multimedia along with this very important story.

Click here for the link to Deborah Rogers' goat farm web site. Her goat cheese has won all kinds of honors.

Also, click here to read how Ms. Rogers became involved with the shale gas nightmare on the Dallas News Energy and Environment Blog. Here's her detailed story on Earthworks.

Aubrey McClendon Says, "It's a Big Boy's Game"

In a story appearing in today's Dallas News, Chesapeake CEO  Aubrey McClendon said:

"It's a Big Boy's Game."

Sure thing.  Westchester Neighbors know all about Chesapeake's Big Boy who made himself at home with the Chesapeake MONSTER FRAC Pond last summer.  We expect to see him again, soon, as the weather warms up...and he discovers that his FRAC Pond is still there.

In a speech to the Society of American Business Editors and Writers conference Friday, April 8th, CEO McClendon also said:

“I believe every one of these issues or inconveniences we’ve had has an engineering solution or a human solution,” said McClendon, who leads the most active natural gas driller in the country.

Still, the push-back to drilling from environmental activists and neighborhood groups will cost the industry, he said. As lawmakers halt drilling in some areas or add regulations, there are “financial costs, and it’s going to drive smaller companies out of business,” he said.

Read the story.  Be amazed.  No mention of the Barnett Shale in there that I could find.  Maybe he doesn't want his [Dallas] audience to realize how close all the problems are to them. 

But just in case...he's already hedging his bets.  Now, he's going to be fracking for oil.

"He said domestic drilling has added hundreds of billions of dollars to the national economy, and the techniques the industry developed for gas are being applied to oil. A boom in domestic oil could fundamentally change global politics and allow Americans to distance themselves from problems in the Middle East, he said.

“We will increase oil production in the U.S. by 50 percent in the years ahead,” he predicted."

Batten down the hatches, everybody.  The Big Boys are gonna forget big gas and go for the BIG Oil.  No telling what horrors that might bring in the "guinea pig" stage for our communities that are already the all-important "reservoirs" to O&G production.

God. Help Us. Please.

Link to Dallas News Story.