
OPEC has had a 38-year stranglehold on America. At $400 billion a year, our foreign oil addiction constitutes the largest wealth transfer in history. It's sacrificing our future, our children's future and our grandchildren's future. It's fiscally insane. It's generationally immoral. And it's bad for our environment.
We can declare an end to this – starting today. Chesapeake Energy Corporation has developed an achievable, scalable and affordable three-pronged plan to move our nation away from OPEC oil – and toward a transportation future that runs on America's own abundant supplies of natural gas and oil. The plan relies on American ingenuity, private capital and our nation's huge treasure of previously inaccessible and uneconomic oil and natural gas resources. No government subsidies are requested or needed. The private market, led by Chesapeake and others, will make this happen. Imagine independence from OPEC oil in just 5 – 10 years!
Chesapeake is 100% committed to helping develop a sustainable energy policy that is based on reliance on and development of America's own energy resource bounty.
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American Shale Plays
Success begins with and hinges on horizontal drilling and hydraulic fracturing.
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Diesel Alternative
Chesapeake Energy is building a better road. Our $150 million partnership with Clean Energy Fuels Corp. will create America's natural gas highway system. It will lower transportation fuel costs dramatically.
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Drop-in BioFuels
Natural gas provides the key to turning our nation's biomass waste into a plentiful, affordable, tank-ready hybrid natural gas-cellulosic green gasoline for automobiles, trucks, off-road vehicles and aircraft.
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