Shale fire | Arkansas Blog

Wednesday, October 15, 2008

Shale fire

Posted By on Wed, Oct 15, 2008 at 11:31 AM

Motor over to our Shale Watch blog for Gerard Matthews' report on a public hearing on a waste disposal plan proposed to handle the byproduct of shale exploration in Prairie County. It's not all royalty checks and prosperity for neighbors, as you'll see. And folks in Des Arc are speaking up.

And speaking of the shale: Chesapeake Energy is holding a meeting for analysts today. Not a regular meeting, one of my correspondents says. The company is cash-strapped and there's some expectation that the company might announce further reductions in exploration expenditures. (UPDATE: Yes, by $1.5 billion.) The company has plenty of debt already and credit isn't exactly easy to come by these days. Add that to a drop in gas prices and, well, who knows? The company's Arkansas budget (not counting advertising; that has indeed been slashed) wasn't harmed by the first round of cuts, but the further reductions might be a different story.

From the ArkTimes store

Favorite

Comments (2)

Showing 1-2 of 2

Add a comment

 
Subscribe to this thread:
Showing 1-2 of 2

Add a comment

More by Max Brantley

  • Bipartisan deal to continue subsidies Trump ended. But ...

    Everyone's reporting that Sens. Patty Murray and Lamar Alexander have struck a bipartisan deal on to continue federal subsidies for health coverage that Donald Trump cut off.
    • Oct 17, 2017
  • Tuesday: Open line, news roundup

    The open line, plus the day's news roundup.
    • Oct 17, 2017
  • James Lee Witt corrects Trump on grade for Puerto Rico relief effort

    Donald Trump twice yesterday used James Lee Witt, Bill Clinton's widely hailed FEMA director and now in the private business of assisting in disasters, as a reference on the work he's done responding to hurricanes this year. Media, particularly on the conservative end, have echoed the Trump remarks.But hold on: Witt wasn't talking about Puerto Rico.
    • Oct 17, 2017
  • More »

Readers also liked…

  • Auditor Lea caught not telling the truth

    State Auditor Andrea Lea, who began her tenure in statewide office with a degree of competence unseen in some other Republican counterparts (think Treasurer Dennis Milligan particularly), is becoming more deeply mired in a political scandal.
    • Mar 4, 2016
  • Donald Trump declares war on Hillary Clinton's marriage

    Donald Trump gave a remarkable interview to the New York Times yesterday in which he declared open season on the marriage of Bill and Hillary Clinton and Bill Clinton's past infidelity. Seems like a loser, but I've been wrong before.
    • Oct 1, 2016
  • Another Republican miracle-working governor

    Great piece in Washington Post on the budget crisis in Louisiana. Big tax cuts and corporate welfare will do that to a state, particularly to a state whose previous governor, Republican Bobby Jindal, refused to join the Obamacare-funded Medicaid expansion. There's a lesson there for Arkansas.
    • Mar 4, 2016

Most Shared

Most Viewed

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation