Thursday, February 27, 2020

Bloomberg Fracks Oklahoma, Causes Cushing Earthquakes

https://www.typeinvestigations.org/investigation/2010/04/20/bloombergs-offshore-millions/


"White Star Petroleum was founded by the late Aubrey McClendon, a controversial billionaire known as the “Fracking King” for his role in pioneering the drilling method.

 McClendon died in a car crash in 2016. 

The company has been accused of producing air pollution, including leaking plumes of methane, a powerful greenhouse gas. Residents in Oklahoma have also accused the firm of contributing to a wave of fracking-fueled earthquakes near Cushing."

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" 2010, journalist Aram Roston found that Bloomberg’s foundation invested in a series of international funds, including hedge funds based in offshore tax havens and Geotech Oil Services, a Cyprus-based oil services company controlled by Russian oligarch Nikolai Levitsky.

When asked about the offshore investments, Bloomberg dismissed the story. The funds, he noted in 2010, were “fully disclosed and they’re appropriate to maximize the assets which I’m giving away to charities.”



https://theintercept.com/2020/02/24/mike-bloomberg-investment-portfolio/

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How many Fracking Kings are there? Perhaps the first ones are grand poobah?

George Phydias Mitchell (May 21, 1919 – July 26, 2013) was an American businessman, real estate developer and philanthropist from Texas credited with pioneering the economic extraction of shale gas.

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"The suit alleges that White Star operates wastewater disposal wells responsible for about 82 percent of the wastewater disposal injections within six miles of the Nov. 7 earthquake. The other four companies contribute the remaining percentage of wastewater, it states.

“By disposing of fracking wastewater deep into the earth, Defendants introduced contaminants into the natural environment that caused an adverse change to it in the form of unnatural seismic activity,” the suit states.

“In other words, due to Defendants’ pollution of the environment, they caused the man-made earthquakes at issue in this case.”


https://www.readfrontier.org/stories/cushing-earthquake-suit/


https://en.wikipedia.org/wiki/Steven_Rattner






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