Thursday, May 5, 2011

Energy barons want to convert public property to private use

The connection between Michigan's EFM power grab, Rep. Fred Upton and Big Oil/Gas | Eclectablog: "There are others who have benefited, too, of course. There is one family in particular, the McClendons, who own four lots along Ridgeway Avenue. And there's a very close connection between the Uptons and the McClendon's: Fred Upton's cousin Katie is married to one of them, a man named Aubrey McClendon. Who is Aubrey McClendon? He is the owner of Chesapeake Energy, one of the largest natural gas companies in the U.S. and, in 2008, was the highest-paid CEO at all S&P 500 companies. His company is involved in hydraulic fracturing or 'fracking' for natural gas. McClendon is also a developer. While he himself does not live on Ridgeway Avenue, his family does. And those that live on Ridgeway Avenue benefited mightily from the Harbor Shores development."

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