Chastised

It’s been a year since Chesapeake Energy Corp.’s shareholders voted out most of the board of directors, chastised then CEO Aubrey McClendon and drew a line on corporate governance (see Daily GPI, June 11, 2012). Prized assets since have been sold, capital budgets have been cut, offices closed.

The New York Times (NYT), chastised last year for, among other things, describing the shale gas industry as a “Ponzi” scheme whose future would match that of Enron Corp., continues to focus exclusively on the negative risks of gas drilling and has hyped the research of questionable sources, according to a Forbes magazine contributor.

The New York Times (NYT), chastised last year for, among other things, describing the shale gas industry as a “Ponzi” scheme whose future would match that of Enron Corp., continues to focus exclusively on the negative risks of gas drilling and has hyped the research of questionable sources, according to a Forbes magazine contributor.

House Energy and Commerce subcommittee lawmakers Wednesday chastised the Commodity Futures Trading Commission (CFTC) for challenging FERC’s authority to purse manipulative activities in the natural gas futures market.

In Houston on Friday, U.S. District Judge Frances Stacy added restrictions to ex-Enron CEO Jeffrey Skilling’s $5 million bond after an altercation in New York City last month (see Daily GPI, April 13). Stacy told Skilling she will revoke his bond unless he gets both alcohol and mental health treatment, follows a curfew and gets a job or does volunteer work.