Aubrey McClendon and the Destruction of the Natural Gas Market

By
A A A

Aubrey McClendon is gone - or at least he's on his way out from Chesapeake energy ( CHK ). But the destruction of the natural gas market, where he was the ringleader in the shale gas land grab and cratering well price, is his real legacy, and not likely to be recovered from anytime soon. While Aubrey will now go into a very wealthy retirement, he leaves behind a decimated market and a long road to making natural gas a true transition fuel to energy independence and a renewable future.

Read More on International Business Times



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Commodities

Referenced Stocks: CHK

International Business Times

International Business Times
  • See all for International Business Times
  • View Print Version

More from International Business Times:

Related Videos

GeneralPencil_USETBASITE
GeneralPencil_USETBASITE            

Stocks

Referenced

100%

Most Active by Volume

74,537,245
  • $46.579 ▲ 20.70%
33,267,192
  • $15.4241 ▲ 0.55%
29,782,710
  • $3.44 ▲ 1.18%
22,605,888
  • $74.8982 ▲ 1.61%
20,433,646
  • $29.205 ▼ 0.90%
19,479,142
  • $36.86 ▲ 3.31%
18,825,098
  • $33.075 ▲ 19.53%
18,486,083
  • $98.0401 ▼ 0.35%
As of 7/30/2014, 12:42 PM