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  • Update On Natural Gas: The Only Predictable Path Right Now  [View article]
    A big thing NOT going for natural gas is that those power plants that have switched from coal to natural gas now have an added risk of the nature of the interdependency of natural gas and electricity to each other. This opens the door for wind and solar to be playing an important role in being what keeps rolling blackouts from happening when those natural gas fired power plants have interruptions in receiving natural gas (ie during freezes or storms or during pipeline disruptions).

    The Texas and New Mexico power outages of Feb. 2011 during the extended freeze was a lesson learned about how not so great/reliable natural gas is for example...some urban natural gas compressors and compressor stations are powered with “electricity” and when the lights go out, so do the compressors.

    If natural gas goes up too high, then they’ll just burn coal-whichever is cheaper.
    Jan 10, 2013. 10:20 PM | Likes Like |Link to Comment
  • Aubrey McClendon forfeited a few perks, but skeptics see Chesapeake's (CHK) turnaround effort as just playing catch-up; shares have lost nearly 5% since corporate governance moves were announced. The changes were merely “incremental,” Argus analyst Philip Weiss says. "The house is not in order yet... If you don’t have a position [on CHK], don’t take one."  [View news story]
    One thing NOT going for natural gas is that those power plants that have switched from coal to natural gas now have an added risk of the nature of the interdependency of natural gas and electricity to each other. This opens the door for nuclear, wind, and solar to be playing an important role in being what keeps rolling blackouts from happening when those natural gas fired power plants have interruptions in receiving natural gas (ie during freezes or storms or during pipeline disruptions).

    The Texas and New Mexico power outages of Feb. 2011 during the extended freeze was a lesson learned about how not so great/reliable natural gas is for example…some urban natural gas compressors and compressor stations are powered with “electricity” and when the lights go out, so do the compressors.

    Texas and New England are about 40% dependant on natural gas at their power plants, so they have more interdependency risk than other states.

    If natural gas ever does go back up high enough…I read that some power plants will just switch back to burning coal-whatever is cheaper (this won’t help Chesapeake)…anybody know anything more about that?
    Jan 10, 2013. 09:43 PM | Likes Like |Link to Comment
  • Call Me Crazy, But I Think Chesapeake Energy Has Turned Over A New Leaf  [View article]
    Another thing NOT going for natural gas is that those power plants that have switched from coal to natural gas now have an added risk of the nature of the interdependency of natural gas and electricity to each other. This opens the door for nuclear, wind, and solar to be playing an important role in being what keeps rolling blackouts from happening when those natural gas fired power plants have interruptions in receiving natural gas (ie during freezes or storms or during pipeline disruptions).

    The Texas and New Mexico power outages of Feb. 2011 during the extended freeze was a lesson learned about how not so great/reliable natural gas is for example...some urban natural gas compressors and compressor stations are powered with “electricity” and when the lights go out, so do the compressors.

    Texas and New England are about 40% dependant on natural gas at their power plants, so they have more interdependency risk than other states.

    If natural gas ever does go back up high enough...I read that some power plants will just switch back to burning coal-whatever is cheaper (this won’t help Chesapeake)...anybody know anything more about that?
    Jan 10, 2013. 09:00 PM | 2 Likes Like |Link to Comment
  • Chesapeake Energy (CHK) discloses it is substantially reducing executive annual incentive compensation for 2012, during which CEO Aubrey McClendon will receive no bonus. McClendon also will reimburse CHK for his personal use of company aircraft in excess of $250K.  [View news story]
    Maybe Aubrey will $pring for pressurized, ventless, “urban" flowback tanks instead of the "rural", cheapie open hatch ones like they use by the Cowboy Stadium drill site.
    Jan 8, 2013. 12:48 AM | Likes Like |Link to Comment
  • Chesapeake Energy: Another Step In The Right Direction  [View article]
    I think the production decline curves (which keeps them on the drilling treadmill just to keep production up) will show its ugly head soon enough. Drilling for oil and getting the byproduct “gas" will not help the pending doom of NG production decline curves bottoming out. In the Barnett Sale, we have 16,000 gas wells...hmmpf...for those in the city, we are starting to have to either refrack or add “electric” lift compressors which could be about 500K each....that will tax the electric grid...we need to decide if we’re gonna keep throwing money at pipeline integrity and pipeline build out and lift compressors, or start getting off of fossil fuels by adding more wind, hydro, solar and thermal....why invest in a dinosaur existence?
    Dec 14, 2012. 06:34 PM | Likes Like |Link to Comment
  • Carl Icahn ups his stake in Chesapeake Energy (CHK) to 8.89% from 7.56% previously. Shares +2.3% premarket. (13D[View news story]
    whatever it takes to keep Chk solvent...we have 60 padsites mostly of Chesapeake in Arlington TX and we need them to drill right and that is expensive....for one they need to throw out those open hatch flowback tanks and use the gas buster/ventless, pressurized flowback tanks in urban drilling.
    Nov 20, 2012. 10:17 AM | Likes Like |Link to Comment
  • Sandridge Or Chesapeake, Is Either Management Team Worth Betting On?  [View article]
    I need people to invest in Chesapeake cause we need them to stay solvent to be able to afford pressurized, ventless flowback tanks for their flowback operations in urban areas. The Truman/Cowboy Stadium drillsite had 3 wells fracked in August/Sept. and will not flowback until 2013....I hope the well doesn’t sour, and I hope they will not use those cheap open hatch flowback tanks near my family and our Entertainment District in Arlington TX.
    Nov 19, 2012. 11:57 AM | 1 Like Like |Link to Comment
  • China Vs. U.S.: Who Is Leading The Natural Gas Transportation Race?  [View article]
    So if we do get customers to buy our LNG.....consider that the Big Hill salt dome is -20 mi southwest of Port Arthur, Texas (future export Sabine Pass LNG terminal) and before “sinking” a whole lotta $$ into LNG, maybe push the pause button to see how the Bayou Corne sinkhole/salt dome situation plays out. It’s all about the “play” ya know...mother nature acting like shes all played out too.
    Nov 8, 2012. 11:21 PM | 1 Like Like |Link to Comment
  • Don't Look To Chesapeake Energy For Your Predictions On Natural Gas Prices  [View article]
    lets just see how the LA Bayou Corne sink hole “goes” (boom?) and if those Sandy storm New Jersey NG fires get put out and let the dust settle...renewables should be looking better by the day for those trying to survive this planet
    Nov 1, 2012. 03:21 PM | Likes Like |Link to Comment
  • Chesapeake Energy (CHK -1.2%) has been given permission to frack for natural gas just one mile away from First Energy's Beaver Valley nuclear power station in Shippingport, Pa. State regulators say there are no required setbacks specifically relating to a required distance between unconventional wells and nuclear facilities.  [View news story]
    They already drilled a few maybe four wells near the dam by the Glenrose nuke plant 50 mi south of Dallas....we had a report of an incident at one of the drill sites in Genrose and it took me all morning to ensure it was not one of the wells by the dam.....lots of dead animals in the vicinity of one padsite is what was reported...
    Oct 29, 2012. 09:46 PM | Likes Like |Link to Comment
  • Chesapeake: Another Comeback Story?  [View article]
    For those that are thinking of resigning and with all the negative publicity about Chk not paying royalties as promised...here is some news I’m flooding the internet with so Chk will get it in their head to DRILL RIGHT>>>
    I live at ground zero for urban drilling. We have about 60 padsites in our 99 sq mile town here in Arlington TX. The following requests won’t cover public protections on the huge buildout and the associated human errors or accidents. We had a drill spill in Lake Arlington, our drinking source, a couple of years ago and have had maybe a dozen emission events over the last couple of years that I am aware of. The following are the items lacking in our oil and gas drilling ordinance….

    1. Use electric (not diesel) rigs in urban areas.
    2. Video tape ALL cement casing pours when it comes back up to the top through the annulus so that there is proof of an even pour and ensure all wells have electric bond log tests.
    3. All drilling mud farming (private & commercial) and *brine “road spraying” is subject to open records of water & soil test results.
    4. We need the industry to invent technology to keep the toxic, silica dust on the padsite-those pathetic pillow case looking socks aren’t getting the job done.
    5. Mandate ventless, emission free flowback tanks.
    6. We shouldn’t have to wait 2.5 years for the EPA mandated Green Completions and allow venting or flaring in urban or rural areas….methane losses should be prevented-period.
    7. The pipeline should be in place FIRST before fracturing so that flowback doesn’t sit in the ground for months festering some unknown, man-made hydrogen sulfide-like stale water flowback.
    8. The setback away from people should be substantial. Rural method drilling is not acceptable in urban areas. A doctor who is an environmental tester said that the health effects are being seen downwind from about 1,800 – 2,500 feet.
    9. Zero tolerance for underinspected, or faked Waste Disposal Injection Well casing pressure tests which risks eventual migration of toxic fluids into our drinking supplies.
    10. State entities overseeing oil and gas should regulate how close the old wells are to new wells.
    Oct 28, 2012. 05:05 PM | 2 Likes Like |Link to Comment
  • Chesapeake: Another Comeback Story?  [View article]
    yep the leg they cut off was their quarterback called their midstream business...sold...gone..
    Oct 28, 2012. 05:03 PM | 3 Likes Like |Link to Comment
  • Natural Gas And Crude Energy Markets: Brief Overview  [View article]
    There are other problems with natural gas too...I live at ground zero for urban drilling. We have about 60 padsites in our 99 sq mile town here in Arlington TX. The following requests won’t cover public protections on the huge buildout and the associated human errors or accidents. We had a drill spill in Lake Arlington, our drinking source, a couple of years ago and have had maybe a dozen emission events over the last couple of years that I am aware of. The following are the items lacking in our oil and gas drilling ordinance….

    1. Use electric (not diesel) rigs in urban areas.
    2. Video tape ALL cement casing pours when it comes back up to the top through the annulus so that there is proof of an even pour and ensure all wells have electric bond log tests.
    3. All drilling mud farming (private & commercial) and *brine “road spraying” is subject to open records of water & soil test results.
    4. We need the industry to invent technology to keep the toxic, silica dust on the padsite-those pathetic pillow case looking socks aren’t getting the job done.
    5. Mandate ventless, emission free flowback tanks.
    6. We shouldn’t have to wait 2.5 years for the EPA mandated Green Completions and allow venting or flaring in urban or rural areas….methane losses should be prevented-period.
    7. The pipeline should be in place FIRST before fracturing so that flowback doesn’t sit in the ground for months festering some unknown, man-made hydrogen sulfide-like stale water flowback.
    8. The setback away from people should be substantial. Rural method drilling is not acceptable in urban areas. A doctor who is an environmental tester said that the health effects are being seen downwind from about 1,800 – 2,500 feet.
    9. Zero tolerance for underinspected, or faked Waste Disposal Injection Well casing pressure tests which risks eventual migration of toxic fluids into our drinking supplies.
    10. State entities overseeing oil and gas should regulate how close the old wells are to new wells.
    Oct 28, 2012. 04:56 PM | 2 Likes Like |Link to Comment
  • Why You Should Buy Chesapeake Energy Now  [View article]
    Though as more and more royalty shorts happen, the more investors may shy away.....http://bit.ly/PvCUPO
    Oct 26, 2012. 09:54 AM | 1 Like Like |Link to Comment
  • The NYT tells the fascinating story of how frenetic bankers like Ralph Eads III raised way too much money to finance the shale gas production dreams of those like his frat brother Aubrey McClendon (CHK). "Quit drilling," pleaded T. Boone Pickens to his fellow EXCO (XCO) board members as gas prices plunged. It made sense, but there was a problem: The terms of the EXCO's financing and leasing agreements required the company to continue.  [View news story]
    The fossil fuel industry and their pet politician’s days are truly numbered as folks are extremely motivated to expose that the only real game changer in fracking/tar sands and mountaintop mining has been to cheat the American public out of their property values, health, and future livibility of this planet. With each new spud, there spuds more activists. We are not helpless, we are machines destined to grow our movement to kill extreme fossil fuel pursuits and show that green jobs are sustainable AND more productive.
    Oct 21, 2012. 08:57 AM | Likes Like |Link to Comment
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