Tag: Energy markets

The Bakken Boom Goes Bust With No Money to Clean up the Mess

Jerri-Lynn Here. I have been riveted to Justin Mikulka’s excellent coverage of fracking’s follies at DeSmogBlog, so I’m happy to post this piece on fracking in the Bakken. The boom has now gone bust and there’s no funding to clean up the damage, leaving the public to pick up the tab. By Justin Mikulka, a […]

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Ohio House Speaker Arrested in Alleged $60 Million Racketeering, Bribery, Money Laundering Scheme; A Window Into Politics in America

Lambert highlighted the arrest of Ohio House Speaker Larry Householder, a Republican, and four associates in a Federal indictment on charges involving over $60 million in racketeering, bribery, and money laundering, making it the biggest political corruption prosecution in Ohio history. We’re highlighting this case partly to offer a break from Covid-19 coverage, but also […]

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Wolf Richter: The Great American Shale Oil & Gas Massacre: Bankruptcies, Defaulted Debts, Worthless Shares, Collapsed Prices of Oil & Gas

Jerri-Lynn here. For more detail on the carnage in the oil and gas sector, see also the NY Times front page story I linked to today, Fracking Firms Fail, Rewarding Executives and Raising Climate Fears.  We’ve been tracking this bust in crossposts, and have featured the excellent series at DesmogBlog on fracking’s follies. The day […]

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