March 03, 2016 Headlines
In Oklahoma, the former CEO of Chesapeake Energy has died, only one day after he was indicted on charges of conspiring to fix bids for oil and gas leases. Aubrey McClendon died Wednesday morning after his car crashed into an overpass wall at top speed and burst into flames. Paco Balderrama of the Oklahoma City Police Department says McClendon “pretty much drove straight into the wall.” The former CEO had made billions off the controversial gas extraction process hydraulic fracturing, known as fracking. He was accused of violating antitrust laws by orchestrating a scheme between two oil and gas companies not to bid against each other for leases in Oklahoma.