Drill Bits: Colbert Tweaks Drillers, Chesapeake Doubles Down, and Commission Prepares to Vote
Chesapeake Energy is doubling down on natural gas drilling, investing $1 billion in drilling infrastructure and technology.
Expect legal challenges to New York’s new drilling regulations.
Governor Corbett’s Marcellus Shale Advisory Commission votes on recommendations this Friday, and issues its report next week. (We’ll have much more on this in the coming days.)
And Stephen Colbert, who interviewed Governor Tom Ridge about fracking a few weeks ago, pokes fun at energy companies’ PR efforts in Pennsylvania. (That would be you, Terry the Frackosaurus.)