Chesapeake Energy, a company that is no stranger to financial scandals, has found itself on the front page of the financial papers again. This time, the subject is taxes. Or how Chesapeake barely pays them.
Over its 23-year history, Chesapeake Energy, the second largest producer of natural gas in . . . → Read More: DeSmogBlog: Bloomberg Stunner: How Chesapeake Energy Paid Less Than a 1% Tax Rate On $5.5 Billion in Profits
A potentially dangerous oil well blowout at a Chesapeake Energy site in Wymoing caused at least 60 and perhaps 70 residents to evacuate within 5 miles of the disaster for several days until it was contained earlier today. Chesapeake Energy (NYSE: CHK) was drilling the well in the Niobrara Shale region underlying . . . → Read More: DeSmogBlog: Chesapeake Energy Well Blowout in Wyoming Causes Evacuation, Methane "Roared" For Days