Chesapeake Energy has been all over the news lately, with intense scrutiny of CEO Aubrey McClendon's attempt to take out more than $1 billion in loans for a complex deal to give himself a share of proceeds from the wells they're drilling.
In Argentina the government of President Christina Kirchner Fernandez is moving to reclaim the YPF energy company. Looking behind the scenes, what is really driving Argentina's seemingly quixotic energy policies?
Natural gas, as traded today on U.S. exchanges, is a uniquely isolated American commodity and any attempt at influencing its price, overt or otherwise, would fall under the purview of the nation's anti-trust laws and its stated prohibitions to all manner of collusion.
Just about every commodity we depend on is becoming scarce: oil, natural gas, key metals, rare earth elements, and even arable land. As a result, like greedy little kids with a cookie jar, we are scraping the bottom to get all that remains.