NY AG Schneiderman Shakes Down Anadarko & EOG Resources

The ShakedownNew York State’s out-of-control Attorney General, Eric “the anti-driller” Schneiderman, continues his out-of-control ways vis a vis shale drilling. It makes no difference that there is no shale drilling in New York State. Schneiderman continues to go after shale drilling in other states–abusing his office’s power to investigate the world of Wall Street. In what appears to us to be nothing more than smoke and mirrors, AG Schneiderman’s office on Friday announced he has reached an “agreement” with both Anadarko Petroleum and EOG Resources to disclose more information on the financial effects of regulation, litigation, and environmental impacts related to hydraulic fracturing. That is, Anadarko and EOG have volunteered to provide information about fracking that may cause their respective companies’ stock to take a hit. In other words, they’ve agreed to provide information to the public that they already provide to the public…

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