Pegula, Fracking, Penn State and the Bills

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts
  • coastal
    Legendary Zoner
    • Mar 2005
    • 15514

    Pegula, Fracking, Penn State and the Bills

    All hail the great hope for Bills' fans the world over!


    Terry Pegula by some accounts is the front-runner to purchase the Buffalo Bills. Most, if not all, on this board are openly pining for this guy to be the "answer". Before everyone jumps off the shale cliff, I just want you to be sure what you're all signing up for.



    The natural gas industry gave $7,175,234 to Pennsylvania candidates and Political Action Committees (PACs) from 2000 through the end of 2010, according to a Common Cause/Pennsylvania (CCPA) analysis released today. $3,442,212 was donated to elected officials currently in office...

    ...A news review of compliance records found East Resources, the company Terrence M. Pegula sold last summer for $4.7 billion, had a middling record of complying with environmental regulations in Pennsylvania, his base of operations. The company last year paid the largest regulatory fine in its history and was involved in a spill of toxic wastewater that resulted in the first quarantine of cattle in the history of natural gas drilling in the state...

    ...On Sept. 17, Pegula announced his donation of $88 million — the largest philanthropic act in university history — to help fund a state-of-the-art ice arena, as well as the addition of men’s and women’s NCAA Division I hockey programs to his alma mater (Penn State).Buying a Hockey Team, big donation to Penn State...

    ... Penn State is also the home of The Penn State Marcellus Center for Outreach and Research. The center funds research for the advancement of methane drilling technology and procedures in the Marcellus Shale area. They are currently conducting a study on the safety of tap water in the homes surrounding the wells and fracking sites owned by East Resources and Shell...

    ... Excerpt:


    Terry Pegula, the Penn State alumnus whose $88 million gift funded two Division I ice hockey programs, said this week he’s “standing behind the university” in the wake of a child sex abuse scandal, but also had candid words for university officials in an interview with Canadian sports network TSN.


    Pegula also told TSN he intends to be more active in university affairs in the wake of the scandal to make sure “the right things are done.”


    Is Terry pushing for the big chair as President of Penn State, or a seat at the Trustee’s table? And will Marcellus Gas Drilling take even more control over Penn State and other institutions of higher education?

    ...more...

    BTW... anyone seen the Academy Award Nominated documentary "Gasland"?

    My main question is this... how in the world does this guy actualy represent the Bills better than someone like... Bon Jovi?
    Last edited by coastal; 06-20-2014, 06:52 PM.
  • OpIv37
    Acid Douching Asswipe
    • Sep 2002
    • 101313

    #2
    Re: Pegula, Fracking, Penn State and the Bills

    If Satan himself buys the Bills but wants to keep them in Buffalo, he represents the Bills better than Bon Jovi.
    MiKiDo Facebook
    MiKiDo Website

    Comment

    • WagonCircler
      Escaped Convict
      • Jul 2002
      • 5876

      #3
      Re: Pegula, Fracking, Penn State and the Bills

      Originally posted by coastal View Post
      BTW... anyone seen the Academy Award Nominated documentary "Gasland"? ?
      You mean the one funded by the Saudis?
      Last edited by Dude; 06-21-2014, 06:31 AM. Reason: Stop bypassing the censors. And lay off the personal attacks

      Comment

      • DraftBoy
        Administrator
        • Jul 2002
        • 107443

        #4
        Re: Pegula, Fracking, Penn State and the Bills

        Ooh I like it, introducing a little politics into this potential move.
        COMING SOON...
        Originally posted by Dr.Lecter
        We were both drunk and Hillary did not look that bad at 2 AM, I swear!!!!!!

        Comment

        • coastal
          Legendary Zoner
          • Mar 2005
          • 15514

          #5
          Re: Pegula, Fracking, Penn State and the Bills

          Originally posted by WagonCircler View Post
          You mean the one funded by the Saudis?
          I think you're think of "Promised Land."
          Last edited by Dude; 06-21-2014, 06:32 AM.

          Comment

          • coastal
            Legendary Zoner
            • Mar 2005
            • 15514

            #6
            Re: Pegula, Fracking, Penn State and the Bills

            Originally posted by OpIv37 View Post
            If Satan himself buys the Bills but wants to keep them in Buffalo, he represents the Bills better than Bon Jovi.
            That's it?

            Keep them here at all costs?

            Comment

            • Turf
              Registered User
              • Jul 2002
              • 8379

              #7
              Re: Pegula, Fracking, Penn State and the Bills

              Being that Pegula has shown his dedication and how much he's done for Buffalo, I'd say he's a shoe in for stability and commitment to keep the Bills in Buffalo, and also help with the stadium in a reasonable way. No brainer really. Though honestly part of me would love to see Trump and his ego go after a trophy.
              Lou Saban: You can get it done, you can get it done. And what’s more, you’ve gotta get it done.

              Comment

              • BuffaloRedleg
                Registered User
                • Aug 2013
                • 1270

                #8
                Re: Pegula, Fracking, Penn State and the Bills

                People do a lot of dubious things to make money, there just is absolutely no way to make that much money without doing some things that are questionable.

                At least he is using that money now to do a lot of good. The things he is doing downtown are very important and will positively effect the city for a long time.

                In the end you are the net of the positive and negative things you do in life, and it's pretty safe to say he'll end up in the black.

                Most of us won't be so lucky and we'll be long forgotten ten years after we're dead.

                Comment

                • OpIv37
                  Acid Douching Asswipe
                  • Sep 2002
                  • 101313

                  #9
                  Re: Pegula, Fracking, Penn State and the Bills

                  Originally posted by coastal View Post
                  That's it?

                  Keep them here at all costs?
                  Do you think it matters? Do you think Pegula's business practices will change whether or not he buys the Bills?

                  Do you think none of the other potential buyers have shady business practices or disproportionate political influence? Please.
                  MiKiDo Facebook
                  MiKiDo Website

                  Comment

                  • MitchMurrayDowntown
                    Skoobasaurus-Rex
                    • Oct 2011
                    • 22284

                    #10
                    Re: Pegula, Fracking, Penn State and the Bills

                    Originally posted by BuffaloRedleg View Post
                    People do a lot of dubious things to make money, there just is absolutely no way to make that much money without doing some things that are questionable.

                    At least he is using that money now to do a lot of good. The things he is doing downtown are very important and will positively effect the city for a long time.

                    In the end you are the net of the positive and negative things you do in life, and it's pretty safe to say he'll end up in the black.

                    Most of us won't be so lucky and we'll be long forgotten ten years after we're dead.
                    Feels like I'm posting from the grave now, purgatory is being a Bills fan.

                    Comment

                    • MitchMurrayDowntown
                      Skoobasaurus-Rex
                      • Oct 2011
                      • 22284

                      #11
                      Re: Pegula, Fracking, Penn State and the Bills

                      Originally posted by coastal View Post
                      That's it?

                      Keep them here at all costs?
                      You don't get Billions by not stepping on a few people along the way.

                      Comment

                      • OpIv37
                        Acid Douching Asswipe
                        • Sep 2002
                        • 101313

                        #12
                        Re: Pegula, Fracking, Penn State and the Bills

                        Originally posted by Turf View Post
                        Being that Pegula has shown his dedication and how much he's done for Buffalo, I'd say he's a shoe in for stability and commitment to keep the Bills in Buffalo, and also help with the stadium in a reasonable way. No brainer really. Though honestly part of me would love to see Trump and his ego go after a trophy.
                        Be careful what you wish for. Snyder and his ego have been pursuing a trophy for close to 20 years and the results have been little better than the Bills under Ralph.
                        MiKiDo Facebook
                        MiKiDo Website

                        Comment

                        • coastal
                          Legendary Zoner
                          • Mar 2005
                          • 15514

                          #13
                          Re: Pegula, Fracking, Penn State and the Bills

                          Originally posted by OpIv37 View Post
                          Do you think it matters? Do you think Pegula's business practices will change whether or not he buys the Bills?

                          Do you think none of the other potential buyers have shady business practices or disproportionate political influence? Please.
                          "They do it too" gives him a pass?

                          look, I posted a few weeks back that we as a species need to start becoming more thoughtful about the decisions we make.

                          Assuming you even agree.. how does that even relate to this? Well considering that Buffalo and it's surrounding ecosystems and geography are near permenantly scarred by industry a generation removed from relevance... you would think that the lessons of that maiming would help drive decisions related to our area for the present and future.

                          Fracking has allegedly been linked to contamination of the surrounding geography's groundwater.

                          Sounds familiar huh?



                          Groundwater Contamination May End the Gas-Fracking Boom
                          Well water in Pennsylvania homes within a mile of fracking sites is found to be high in methane

                          In Pennsylvania, the closer you live to a well used to hydraulically fracture underground shale for natural gas, the more likely it is that your drinking water is contaminated with methane. This conclusion, in a study published in the Proceedings of the National Academy of Sciences USA in July, is a first step in determining whether fracking in the Marcellus Shale underlying much of Pennsylvania is responsible for tainted drinking water in that region.

                          Comment

                          • coastal
                            Legendary Zoner
                            • Mar 2005
                            • 15514

                            #14
                            Re: Pegula, Fracking, Penn State and the Bills

                            Originally posted by BuffaloRedleg View Post
                            People do a lot of dubious things to make money, there just is absolutely no way to make that much money without doing some things that are questionable.

                            At least he is using that money now to do a lot of good. The things he is doing downtown are very important and will positively effect the city for a long time.

                            In the end you are the net of the positive and negative things you do in life, and it's pretty safe to say he'll end up in the black.

                            Most of us won't be so lucky and we'll be long forgotten ten years after we're dead.
                            Speak for yourself... I've touched the lives of my family and friends... and hundreds, if not thousands of my patient's lives in positive ways.

                            Whether there's an accounting or not, I'm comfortable heading into the afterlife.

                            Comment

                            • OpIv37
                              Acid Douching Asswipe
                              • Sep 2002
                              • 101313

                              #15
                              Re: Pegula, Fracking, Penn State and the Bills

                              Originally posted by coastal View Post
                              "They do it too" gives him a pass?

                              look, I posted a few weeks back that we as a species need to start becoming more thoughtful about the decisions we make.

                              Assuming you even agree.. how does that even relate to this? Well considering that Buffalo and it's surrounding ecosystems and geography are near permenantly scarred by industry a generation removed from relevance... you would think that the lessons of that maiming would help drive decisions related to our area for the present and future.

                              Fracking has allegedly been linked to contamination of the surrounding geography's groundwater.

                              Sounds familiar huh?



                              Groundwater Contamination May End the Gas-Fracking Boom
                              Well water in Pennsylvania homes within a mile of fracking sites is found to be high in methane

                              In Pennsylvania, the closer you live to a well used to hydraulically fracture underground shale for natural gas, the more likely it is that your drinking water is contaminated with methane. This conclusion, in a study published in the Proceedings of the National Academy of Sciences USA in July, is a first step in determining whether fracking in the Marcellus Shale underlying much of Pennsylvania is responsible for tainted drinking water in that region.
                              I made two points. You completely missed one of them. Pegula's practices regarding fracking and influencing politics and academia are not going to change regardless of whether or not he owns the Bills. In fact, he's been operating the Sabres at a loss, so if anything it decreases his net worth and hence his influence (not by much, but still...).

                              Call it pragmatism, call it realpolitik, whatever. You can take a moral stand against Pegula that changes nothing in terms of actual practices, or you can support him keeping the Bills in Buffalo. It doesn't mean you agree with his business practices any more than liking a Sex Pistols song makes you an anarchist.
                              MiKiDo Facebook
                              MiKiDo Website

                              Comment

                              Working...
                              X