Natural gas development in the eastern U.S. faces several big issues about which I recently spoke during an interview with the Bakken Oil Business Journal.
Representatives from the Bakken Oil Business Journal called me a few weeks ago to get a perspective on what’s happening with natural gas development in the eastern U.S.. I was happy to oblige and answered a number of questions. I encourage readers to check out the full story here, but, as a teaser, let me tell you what I told them some of the big issues were.
What are some of the big issues facing the energy industry in your part of the country?
1. Getting pipelines into metro markets. Cities are where the demand for gas are the highest and the understanding of the need and benefit is least appreciated. Urban residents get enormous air quality and economic benefits due to clean inexpensive gas (NYC and NJ being prime examples) but knowledge of issues is non-existent and both NIMBYism and political correctness are the order of the day. Too many urbanites imagine heat comes from the thermostat and expect someone to provide it for them without any pipelines.