Sticker

Oil and natural gas price increases have “far outpaced” acquisition cost increases because margins matter, not the “per Mcfe sticker price,” Chesapeake Energy Corp. CEO Aubrey McClendon said last week. Holding to that strategy, the Oklahoma City-based independent plans to continue to acquire more domestic onshore assets to increase its ever-growing gas reserves.

Oil and natural gas price increases have “far outpaced” acquisition cost increases because margins matter, not the “per Mcfe sticker price,” Chesapeake Energy Corp. CEO Aubrey McClendon said Tuesday. Holding to that strategy, the Oklahoma City-based independent plans to continue to acquire more domestic onshore assets to increase its ever-growing gas reserves.

Energy industry giants, consumers and state energy policymakersmay all get their wishes fulfilled following a daylong “emergencysummit” last Wednesday in San Diego that was called to grapple withthe electricity supply and price crunch that has characterizedsummer 2000 in the southern end of California.

Energy industry giants, consumers and state energy policymakersmay all get their wishes fulfilled following a daylong “emergencysummit” Wednesday in San Diego that was called to grapple with theelectricity supply and price crunch that has characterized summer2000 in the southern end of California.