Ithaca Blog

Friday, November 05, 2010

Land Grab By Gas Company

Chesapeake Energy Corporation announced a deal to buy mineral rights to half a million acres in the Appalachian basin, to drill for natural gas.

The purchase includes parts of Tompkins County.

The dangers of the drilling process called hydro-fracking have been publicized in the documentary film, "Gasland", and by a local grassroots group called Shaleshock.

The language of Chespeake's chief, Aubrey McClendon, is eerily telling about the company's huge financial resources (the purchase was for almost a billion dollars) and casual attitide towards environmental stewardship.

"We've been poking around and we saw something we liked and we bought it," he said.

Steve Burke
for Ithaca NY Blog

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