The Utica Shale could be worth $500 billion, and the “biggest thing economically to hit Ohio, since maybe the plow,” Chesapeake Energy Corp. CEO Aubrey McClendon told an audience in Ohio last Wednesday.
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FERC’s Wood Heartened by Buffett Plans to Invest in Power Lines
News that famed investor Warren Buffett plans to plow more money into the nation’s power industry by investing in transmission lines and power plants and will take other steps to bolster power reliability in the U.S. has FERC Chairman Patrick Wood feeling pretty good as he prepares to depart the federal agency, since these are top priorities for the Commission.
June 27, 2005
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