DeSmogBlog: Bloomberg Stunner: How Chesapeake Energy Paid Less Than a 1% Tax Rate On $5.5 Billion in Profits

chesapeake-energy.jpg 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 the U.S., and the ...

DeSmogBlog: Oil and Gas Industry Moves to Silence Critics

shutterstock_49157602.jpg At an industry public relations conference last year, Michael Kehs of Chesapeake Energy described a Wall Street Journal op-ed to gathered oil and gas officials, saying it pointed out the industry's "credibility problem." “And I’m sure some of it relates to defensiveness,” Kehs added. (MP3 Audio)  Small wonder. For years, the oil and gas industry ...