March 8, 2011
"Water, water, everywhere, Nor any drop to drink"
Hugh Hewitt, The Marcellus and Utica Shale Reserves:
The Wall Street Journal this morning reports on the Utica shale reserves underlying Ohio.� Along with the reserves of the Marcellus shale formation, the energy future of the U.S. is looking much much brighter than it did even five years ago.
If producers are allowed to explore, drill and transport the reserves. I am going to talk with Kathryn Zuberbuhler, president and executive director of the Marcellus Shale Coalition about the importance of these reserves and the attempts by the New York Times and others to use standard issue scare tactics to stop the utilization of this immense resource.
UPDATE: Learned from the interview that V�& M Star is building a significant new steel plant in Youngstown connected to the shale exploration and development. That is just one example�of what these recourses mean and why serious federal and state energy policies will support drilling and pipeline projects across the region.
And I hear gas is hitting $5 a gallon. "Water, water, everywhere, Nor any drop to drink" Gee, if only we had a Republican presidential candidate who was strong on energy policy, to take advantage of this situation.
Posted by John Weidner at March 8, 2011 7:39 AM