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August 19, 2011

Chesapeake Energy: A Free Market Restart?

Robert Bradley, Institute for Energy Research


AP Photo

 

It came as welcome news to critics of political capitalism (the socioeconomic system whereby businesses routinely rent-seek for special government favor at the expense of consumers, taxpayers, and/or competitors). Last month, Chesapeake Energy, the self-proclaimed America’s Champion of Natural Gas, began a national “energy independence” advertising campaign that included this declaration:

"No...

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TAGGED: T. Boone Pickens, energy subsidies, Chesapeake Energy Corp, Institute for Energy Research

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