May 8
2018
Pegula back fracking – and violating regulations
COUDERSPORT – Terry Pegula cashed in when he sold the bulk of his hydrofracking business in 2010 for $4.7 billion. He used a chunk of the change to buy Buffalo’s two major league teams, and made it clear when he purchased the Sabres that he was in it for the sports, not the money. “If I want to make some money, I’ll go drill another well,” he quipped at a press conference. Pegula is, in fact, drilling other wells. He started another fracking company – JKLM Energy, drawing on the first letters of his children’s names – and has been[...]