Fracked: How energy companies, particularly Chesapeake, profiteer
The Arkansas legislature just passed a piece of unconstitutional legislation sponsored by Sen. Jonathan Dismang to cut an energy company's cost of business in Arkansas by $4 million by relabeling the sand injected underground for fracking as tax-exempt "equipment." It's symbolic of the shafting written much larger in shale gas plays around the country, led by the likes of Chesapeake Energy.