Not so evil energy company June 2, 2016Posted by digitalbrownshirt in News.
I guarantee that somewhere, somebody is talking crap about Chesapeake donating a $3.9 million dollar property to charity. That’s the nature of those who hate oil and gas companies no matter what their actions.
The short version is Chesapeake, which is currently getting rocked by the oil and gas slump, owns property that they rent to non-profits for below market value. The non-profits were all scared that Chesapeake might sell the property to somebody that would force them out by charging them high rents. Instead Chesapeake announced they’re donating the entire property to the Oklahoma Center for Non-Profits, so they can stay as long as they like with no changes in rent.
A huge portion of all corporate charity in this state is tied to the energy business, but when the donations slowed down I could hear the lefties screeching about greedy corporations not supporting their pet projects. Nevermind the fact that these companies are trying to avoid going bankrupt right now.