The day after being indicted on federal antitrust charges, Aubrey McClendon, the former CEO of big Oil Company Chesapeake Energy Corporation, died in a fireball that engulfed his car shortly after an accident.
Police stated that the unwitnessed accident appeared to be a result of the car veering off center and into a road embankment, with “plenty of opportunity to correct its course.” The car was travelling at 40 miles, and was engulfed in flames by the time emergency crews arrived on scene. The entangled body was later removed after a difficult extrication; it has been reported.
In response to the federal charges 24 hours earlier, McClendon stated this:
“The charge that has been filed against me today is wrong and unprecedented. I have been singled out as the only person in the oil and gas industry in over 110 years since the Sherman Act became law to have been accused of this crime in relation to joint bidding on leasehold. Anyone who knows me, my business record and the industry in which I have worked for 35 years, knows that I could not be guilty of violating any antitrust laws. All my life I have worked to create jobs in Oklahoma, grow its economy, and to provide abundant and affordable energy to all Americans. I am proud of my track record in this industry, and I will fight to prove my innocence and to clear my name.”
The ‘King of Fracking,’ has been in trouble with the law on previous occasions, and was removed from his CEO position in 1989, from the company he co-founded, Chesapeake. Reportedly to have siphoned portioned funds from oil well revenue, shareholders witnessed the company’s stock tank by 10 percent. Lawsuits and investigations followed.
The car accident is currently being investigated to see if sole passenger McClendon was wearing a seatbelt and if the brakes were used. Given the badly burned evidence, they are relying on the car’s automated computer features to tell the full story.
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He was removed from the CEO position in 1989. How are you even a journalist/blogger – you have no clue on what you’re reporting.
The article does say “former” in the first sentence. You might want to read more than the headline.
Aubrey founded the company in 1989 and was CEO until 2013, when he got the boot.
So James is right, and Gern needs to read more articles than only the ones posted on this site.
Regardless…the guy is a complete crook, who will never be prosecuted. His story of corporate thievery will not be tried. The public will soon forget! You need to think about what this guy did…and not focus on when he was or not CEO. YOU are the one that needs to do more research.
This is very similar to how Michael Hastings, journalist, died. The car, not under his control, sped up and crashed in a huge fireball. The Mercedes-Benz car was rigged.
Sounds like they did the same thing here. Fake suicide
Faked death maybe? I’m sure rich people have the resources to pull it off.
Sounds like Princess Diana!
Sounds like justice to me, given that his fracking policies have affected thousands of people, from having to leave their homes to cancer.
but can’t prosecute some who’s dead… there for no crime against the company… not good either way
the way i see it he was gona rat out others who were involde and that got him killed. No way he was on that scam all by himself.
A 40 mph crash explodes & burns ?? This was an assassination. Obviously. The QUESTION is can or will there be a real & honest investigation, NOT ONLY this accident but into the methods & tools used in these murders and business .
Anyone love The Blacklist? When my husband first told me of this story and suggested that the guy faked his death, I immediately thought of The Alchemist. I’m sure that there is the technology to do something pretty similar to that IRL.