More on NY AG Schneiderman’s Bullying of Anadarko & EOG Resources
If a mafia boss walks into a business owner’s store and “informs” that owner that the owner will start doing things the good fellas way (pay money, say 10% of all revenue) in return for “protection” from the “bad guys” that otherwise may make a visit to that place of business, it’s called a shake down. If we substitute “New York Attorney General Eric Schneiderman” for mafia boss and “oil/gas company” for business owner, you’d have what’s just happened in New York State–and it’s called “good government.” Schneiderman isn’t personally getting rich from the deal he’s just forced down the throats of two major o&g companies (we don’t think, anyway). But make no mistake–the businesses Schneiderman targets would lose massive amounts of money in lower stock valuations if they don’t agree to Schneiderman’s “offer.” Schneiderman held the gun of his office to the collective heads of Anadarko Petroleum and EOG Resouces over the issue of fracking (something not even happening in NY), and they agreed to dance and sing his tune. They’ve just been shaken down. Here are the details…
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As MDN previously told you, Marcellus money has just purchased the Buffalo Bills NFL team (see 
Last week MDN reported on the recent New York “Community Risk and Resiliency Act” signed into law by Gov. Andrew Cuomo. We raised the issue that it may be a surreptitious way of controlling shale drilling when/if it’s allowed (see 
New 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…
Some days it’s just plain hard to live in New York State. We have so many stoners in our Assembly and Senate, so-called representatives (like Assemblywoman Donna Lupardo of Endicott) that force their will on the people rather than do the people’s bidding, it feels like New York is an outpost in North Korea or Putin’s Stalinist Russia instead of one of 50 free states in North America. Our latest reason for depression is a quick-get-it-passed-before-anyone-notices bill that all but ensures even if Andrew Cuomo approves shale drilling/fracking today, it will now be unlikely to produce any serious drilling programs. The misnamed and innocent-sounding “Community Risk and Resiliency Act” was signed into law by Cuomo last week. What’s that? Never heard of it? Neither had we. Here’s the gory details…