Marcellus regions as well as smaller
plays in need of the installations of gathering infrastructure,” he says.
Peterson also says he believes the
drilling will continue because of the
long-term outlook on gas and the exploration under contract.
“With U.S. gas storage at capacity
and consumption low due to a mild winter and sluggish economy, we could create an over-production situation. The
U.S. producers are looking for alternative markets for gas, including more gas-fired power plants, increased industrial
usage applications and ultimately the
export of U.S.-produced natural gas.”
POLITICS AT PLAY
Hydraulic fracturing is a political foot-
ball for legislators, who struggle to bal-
ance activists’ concerns with economic
responsibility.
KATE KUNKEL is senior editor for Valve Magazine.
Reach her at kkunkel@vma.org.
