Energy analysts and the market weighed in Wednesday on the news that natural gas pioneer and industry cheerleader Aubrey K. McClendon, co-founder, CEO and president of Chesapeake Energy Corp., is retiring effective April 1. His departure would end one point of controversy, but it won’t solve the problems facing the producer, according to some.
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Pennsylvania Regulator Calls Marcellus A ‘World Class Operation’
He insists he’s not supposed to be a cheerleader for the oil and gas industry he regulates, but when Scott Perry, deputy secretary of the Pennsylvania Department of Environmental Protection’s (DEP) Office of Oil and Gas Management, talks about the opportunities the Marcellus Shale has brought to his state, it’s easy to forget that distinction.
August 29, 2012
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