Threats to Virginia Water: Constructing the Mountain Valley Pipeline and Fracking the Appalachian Basin
CEO David Porges is leading EQT corporation in its joint venture of the Mountain Valley Pipeline. The 300+ miles of the Mountain Valley Pipeline would threaten over 1,000 waterways and wetlands between northwestern West Virginia and southern Virginia. The pipelines 2 billion cubic feet of gas per day would directly compromise three major aquifers, two public water supplies, numerous private drinking wells, and cross 377 perennial waterbodies, many of those being right here in Virginia. EQT Corp. plans to take control of the Mountain Valley Pipeline after construction and owns a significant share of the joint venture.
David Porges has also put EQT Corporation on track to be the primary Utica Shale Driller and is focusing all attention to fracking the Appalachian Basin for natural gas. David Porges is waging that Utica Shale is where the company’s future lies and will compromise Virginia’s water resources at all costs. David Porges will step down from his water terrorist helm as EQT CEO early next year, first quarter of 2017. Current EQT president Steve Schlotterbeck will step up to become the new CEO.
David Porges proxy statements filed for the 2015 fiscal year.
Salary $850,000 Bonuses $3,100,000
Total Stock Awards $6,690,025
Total Annual Compensation $12,206,248
Address: EQT Plaza 625 Liberty Ave Pittsburgh, PA 15222 Phone: 412-553-5700
Water is a commons - No one holds the right to destroy