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Rendell has financial ties to natural gas, ProPublica says

By Bob Downing Published: March 29, 2013

From ProPublica:

In his passionate oped in the New York Daily News urging New Yorkers to support fracking, former Pennsylvania Governor Ed Rendell forgot to add one thing: he has worked as a paid consultant to a private equity firm with investments in the natural gas industry.

 

Rendell told ProPublica's Justin Elliott that he is paid $30,000 per year by Element Partners - a company that invests in natural gas companies. Though Rendell said he does not own equity in Element Partners or any fracking companies, Elliott reports, "Rendell is...a senior adviser at the investment bank Greenhill, which has worked on several large transactions involving natural gas companies."

 

Daily News opinion editor Josh Greenman said in an email to ProPublica that he was unaware of Rendell's conflict, and indeed had been assured by Rendell's representative that there was none. "Had I known, I certainly would have disclosed that and conceivably would have made a different judgment on the piece," Greenman said. (The Daily News has added a disclosure to the online version of the op-ed.)

 

Elliott also notes that the New York Post ran an interview with Rendell last year in which he said New York Governor Andrew Cuomo would be "crazy" not to lift the fracking ban, but did not disclose Rendell's ties to the industry.

 

See the full story here - http://www.propublica.org/article/ed-rendell-new-york-fracking-op-ed-disclosure . We hope you'll take a look and share it. Thanks.

 

Best,

 

Mike Webb
ProPublica
917-512-0233

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ODNR Division of Oil and Gas Resources Management. State drilling permits. List is updated weekly.

ODNR Division of Geological Survey.

Ohio Environmental Protection Agency.

Ohio State University Extension.

Ohio Farm Bureau.

Ohio Oil and Gas Association, a Granville-based group that represents 1,500 Ohio energy-related companies.

Ohio Oil & Gas Energy Education Program.

Energy In Depth, a trade group.

Marcellus and Utica Shale Resource Center by Ohio law firm Bricker & Eckler.

Utica Shale, a compilation of Utica shale activities.

Landman Report Card, a site that looks at companies involved in gas and oil leases.FracFocus, a compilation of chemicals used in fracking individual wells as reported voluntarily by some drillers.

Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.

Rig Count Interactive Map by Baker Hughes, an energy services company.

Shale Sheet Fracking, a Youngstown Vindicator blog.

National Geographic's The Great Shale Rush.

The Ohio Environmental Council, a statewide eco-group based in Columbus.

Buckeye Forest Council.

Earthjustice, a national eco-group.

Stop Fracking Ohio.

People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.

Concerned Citizens of Medina County, a grass-roots group.

No Frack Ohio, a Columbus-based grass-roots group.

Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.

Penn State Marcellus Center.

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Allegheny Front, environmental public radio for Western Pennsylvania.