USA Today- Aubrey McClendon, considered a maverick in the energy industry, died in a fiery single-car crash Wednesday, less than 24 hours after he was indicted by a federal grand jury for conspiring to rig bids for oil and natural gas leases.
The controversial former CEO of Chesapeake Energy, who was forced to relinquish his position as chairman of that company in 2012 following a shareholder revolt led by activist investor Carl Icahn, built it into the nation's second-largest producer of natural gas, amassing wealth to become part owner of the Oklahoma City Thunder basketball team and a renowned collector of antique maps and rare wines.
Chesapeake came under scrutiny after it was disclosed that McClendon, 56, had borrowed more than $1 billion against his personal stake in company wells. An internal review found no improper conduct. He got an exit package valued at more than $53 million and, in 2013, he went on to found American Energy Partners, an energy facility management company.
McClendon was driving his 2013 Chevrolet Tahoe at a “high rate of speed” Wednesday morning, Oklahoma City police department Captain Paco Balderrama said in a video posted to the department’s Facebook page.
He “went left of center” and “collided into the west embankment wall of the overpass. His vehicle was engulfed into flames immediately and he did not survive the accident,” Balderrama said.
“It appears that speed was most definitely a factor in the fatality,” he said. The captain said it would take one to two weeks to finish the investigation. “But at this point in time it appears pretty cut and dry as far as what exactly happened,” he said. Balderrama also said there was "no indication" that McClendon, who was going over the 40 mph speed limit, tried to stop the wreck, according to The Oklahoman.
Cause Of Death: Guilty Conscience.
Shit, that was too soon, wasn't it? God, my timing is always so bad in these situations. I would love to apologize, but I have a strict rule that I just made up over the course of the last 5 minutes. I can't make a joke at the expense of someone's tragic death for 24 hours after it happens, unless the deceased passed away no more than 24 hours after getting indicted by a Federal Grand Jury. I don't think I am ready to call a single car crash - in which said car was driven directly into the base of a bridge - an accident when the person behind the wheel was a billionaire oil tycoon that was almost certainly facing jail time. My condolences go out to his family and friends, but for someone that profited greatly off his own transgressions, he kind of took the coward's way out when it came to accepting his punishment for them. It's obviously sad that this happened, but it's also not "Monty Williams wife" sad. It's more like "likable movie villain perishes in a blaze of glory" sad. I don't know if this makes me a bad person or not (yes I do), but I am not exactly shedding any tears over here. That could be because he was only a 20% owner and I literally didn't even know who he was until he was no longer with us, but that's besides the point. If this dude didn't know he was guilty he would probably still be alive right now, because if a billionaire can't get good enough representation to get him out of a questionable legal bind in this country then no one can. Hopefully he can sleep off that regret, and may he forever rest in peace.