and two opponents of fracking.ere in new york we're joined by kate hudson, the watershed program director at river keeper, new york's clean water advocate. and phelim mcaleer, a filmmaker who did the pro fracking documentary called "fracknation." simmons,ned by daniel director of state regulatory affairs at the institute for energy research. and by video stream, mayor matt ryan of binghamton, new york. he is a former professor of the normal lot and an outspoken opponent of fracking. you will be at the state of state address of governor cuomo. how does fracking affect binghamton in upstate new york? >> thank you for having us today. how this affects upstate new york is, we know from the narrative under the surface, which tells us this story of this industry that just came out. we really are in the middle of an industry in its infancy, that we are getting -- we are refusing -- myself and 500 elected bipartisan officials experiment part of this in by the industry. there are no epidemiologic studies concerning this ind

this is not a movie about fracking, this is not an anti-fracking movie. it is and anti-fracking. accept his hostility d be for the movie he made and tell people that. that is why it sets up the failure and bothered the box office. no nomination. he wasn't owning it. because it is anti-fracking. melissa: the problem with these type of movies is they said they would make a movie about salmon fishing in alaska or something and realized fracking as popular as we will insert that here in this plot. stretch a movie about people because of course that is what people want to go see. unfortunately in the process they end up half dragging industry through the mud that is probably not fair. right? you think it is even more nefarious? >> i think it did not starting to want to make a movie about people, they wanted to make a movie about fracking, anti-fracking movie. that is what is wrong. it was, they wanted to make the movie. it is a passion project of matt damon. he has made public videos attacking fracking. melissa: tell me about your movie. >> "fracknation" will be on access tv. "frackna

it has an anti-fracking message, though damon says it intend toss start a conversation about frackingironmental impact. but the industry is concerned enough that the marcellus shale is running commercials in the theaters and it is buying ads on twitter around the corporation. the coalition issued a statement saying quote, this film is purely a work of fiction and is not reflective of the work our industry undertakes. all done with an aggressive and effective regulatory framework. interesting twist, though the film is released by focus features one of the financiers is abu dhabi, an investment fund that's financed "men in back 3" and "ghost writer." but it's backed by the oil rich nation of abu dhabi. >> does it strike you as odd that abu dhabi, isn't it sort of odd they fell into this? hollywood hates america. >> well, i have to say though, abu dhabi, this imagination fund of theirs, does fund a really, really wide range of movies and this film is really much more the product of participant which is one of the other producers than abu dhabi. the abu dhabi film fund has a tendency to f

fracking -- you have got to listen to this.the new environmental battleground. even though there is a lot of evidence showing it does not contaminate the ground water. chesapeake energy, the number two producer of natural gas in america is even letting the epa test underground water at its well sites to see if fracking pollutes. perhaps further evidence that it may be safe. still there are many on the left who are adamantly against fracking. among them, believe it or not, chefs, 150 of them have sent a letter to new york governor cuomo urging him to ban fracking. chefs against fracking. one of them joins us later this hour. we're talking environmental policy with a pastry chef at 10:35 this morning. >>> now this, a republican senator introduced new legislation yesterday that would stop or overturn every decision made by the national labor relations board, the nlrb in the last year. this comes on the heels of a court ruling that said president obama exceeded his constitutional authority by making nlrb appointments when the senat

fracking send fluid deep underground to back up frack and release natural gas.fracking has centered over a couple of things. the release of methane gas in the process and whether it pollutes the fracking ground water. well, that issue got a lot of attention after a 2010 film called "gas land." >> whoa, jesus christ. >> jennifer: now that scene is frightening, and maybe just a little sensational but scientific studies do show there could be a reason for concern. there was a 2011 epa report that found that there were chemicals in the ground water of a wyoming town that the agency that epa said were likely linked to fracking chemicals that were injected deal down deep down. the epa is doing further studies, and there is a preliminary report out last month that found it inconclusive. but if fracking is polluting ground water and if it risks emitting methane gas into the atmosphere is there a way to make the process of fracking safer. so there is now promising research showing that it might be possible. joining me now to answer that question, and to really help us so

. >>> now you heard rich kinder say fracking is good. let's take it a step further, when i spoke to an environmentalist, he said fracking actlly makes us richer and pollutes less than other alternatives. he allo calls fracking quote, by far the decade's best green energy option. he started off our interview by saying that in the u.s. carbon emissions are at the lowest level they have been at in 20 years. >> actually, per capita you're down what you emit back in eisenhower. melissa: isn't that people are driving less and people are buy being their priuses and everything else? >> there is tiny bit of that. but the vst majority is because you have stopped using coal to produce electricity. and you started using gas. we've ne from gas use used to be 20% and coal 50. now 32, 32. basically making fracking so cheap you have achieved what nobody else was able to do. namely wee dramatically lowered our carbon emissions. he lowered it twice as much, what everything else, european union, kyoto protocol managed to do. melissa: there is such a flood

so you've got what they call multistage fracks along this hour so horizontal -- frack, frack, frack, frack. the result of all of that has been the most extraordinary surprise in the history of the oil industry and possibly in the economic history of the united states in this century. from being dependent on imported oil, we are now on the verge by 2020 of producing some five million barrels a day. five million barrels a day, that's half of saudi production. from tight oil alone. and that oil did not exist except in those stones as recently as five years ago. that is amazing. lee, is that not a love story? [laughter] and, of course, where it gets extremely interesting is that the russians are watching. the russians are watching because there is no reason in principle why the same magic cannot be applied in russia, at least as far as the stones are concerned. the stones may be even more favorable in west siberia than they are in the lower 48 in the united states. there could be around the corner a renaissance of west siberia. or mother nature could save vladimir putin yet. >> question,

american -- it is about fracking.uts be honest. gerri: you came to him, you came at him and said, look, your financing happens to be -- there is some hypocrisy going on here -- from who? a major international producing oil company? >> united arab emirates which makes 98% of its gross domestic product selling oil to the last. finance, help finance promised land. they stand to lose trillions of dollars if fracking goes ahead of america. so from their interest to produce and anti fracking movie. they give him the money. he says, oh, i didn't know. well, sorry. it's a responsibility to know. if you didn't know, why don't you give the money back? gerri: well, play the sound of we have time. want to get this in because it's fascinating. you estimate question, and he responds. here you are. >> one of the -- middle eastern. the middle eastern government. aware the emirate's nation. [indiscernible] gerri: how does he not know? how does he not now? >> and earlier in the interview he said, i was a writer, director, but i also ha

administration use that power with no questions asked also if you want an example of the dangers of fracking look no further than fort worth texas for drinking wells have been contaminated with dangerous chemicals but why hasn't the e.p.a. our nation's environmental watchdog shut down the company responsible for that contamination and later in the show we'll have a your take my take the live segment your chance to call in and ask a question or make a comment live on the air. did you know this after president obama unveiled his plans for gun control including citee more than twenty executive orders republicans are reacting with calls for impeachment despite president routinely signing executive orders republicans are accusing the president of high crimes and misdemeanors republican congressman steve stockman compared the president to saddam hussein and threaten to beat your publicans louie gohmert trailer delp. saying impeachment is one of a number of options that should be on the table to respond to the president's frankly rather modest gun reforms course of the rational person the president

company and they were responsible for drilling and fracking the wells about a mile from steve. investigation showed were responsible but it was probably responsible for contaminating drinking water supply and how did the is there any evidence that they directly pressured the e.p.a. why did the e.p.a. back away from those so it was actually incredible that the e.p.a. had come in issued this executive administrative order it was actually a rare undertaking where they had heard about this contamination incident and felt that the local and state officials that are supposed to be regulating this were not adequately. addressing me endangerment to the health of the people in this area but what happened was the state agency intervened and said that they determined that range resources was not responsible for at the e.p.a. was trying was ordering range resources both to provide safe drinking water and begin to address the contamination that they had cause the state agency intervened and said they weren't responsible e.p.a. was actually going to take this to court they were pursuing a le

we have to have it if you are talking about fracking.ame time, the government has to be a supporter and in every way possible have to limit the burden of red tape or excessive regulation. that is -- that is the message. we are in every community, we have certain tribal leadership. many do give back and recognize it is not all about their narrow self-interest. what are those ways that we can accelerate this international job and make sure our grandkids and their grandkids have the same type of tauruses we have? >> if you want to check on the governor's history of innovation, you should google his name and the running of the pigs. [laughter] >> we had the pig farmers and give them the spent grain. they would bring the little oinkers. we would have them run around the block. with all the tv and media. >> google, it is something we have in california. >> i have heard about it. >> governor brown, how did working toward innovation change when you do? >> innovation is no problem. it tried to do something that is not conventional and you'll find

his energy story number two, in a positive move for fracking.ake energy agreeing to let the epa into one of the sites to conduct strict tests on the ground water before and after drilling. i'm betting chesapeake energy would not agree he to this unless they knew they passed the test, all that have bodes pretty well for more energy production in this country. what do you think the left thinks of all of this, new drilling, fracking, democrat don peebles joins the company for the entire hour, ten o'clock eastern this morning. dp did you see this? i was on steven colbert. he went after me because i dared to suggest that the show "downton abbey" poses a threat to the left because it it of shows the rich in a positive light. >> along comes the show downtown abby rich people feature, generous, nice people, create jobs for heavens sake, classy, they've got style and we love them. that show is wildly popular. which poses a threat to the left, doesn't it? >> yes, it does. >> yes, it does, the popularity of "downton abbey" proves that america moves rich gu

tavis: speaking of fracked, fracking, this subject matter is too deep for my feeble intellect, but i have been reading already a good amount of conversation about the issues that this film raises. obviously, as the writer of this, you had to know that when you put a film out like this there are going to be issues that are going to be raised, political issues -- >> sure. tavis: -- about some of the things in the film. so your assessment early on, we'll see what happens as the film starts to come out and people start to talk more about it. but early on, what's your read of what is already being said about the issues in the film? >> well, leaving the film out of it, it's a very divisive issue and people feel very strongly one way or another. so for us, we wanted to make this movie about where we are in america right now, so it was really the perfect issue to use as a backdrop for that, to explore those themes, because the film covers where we've come from, where we are, and where we're going, and what happens when big money collides with real people. how do we make decisions as a countr

glad to be here. >> your article is called "thank you for fracking."when we hear about new forms of energy like natural gas, yeah, but there's an underbelly that you say and yet even though it's controversial, it cannot go away you say, right? like we are stuck with this. >> i don't know if we're stuck with it. at least in the current form. but it's an invention of the last decade and a discovery of the last two or three decades of the shale gas is viable and it's a resource we can't ignore because it makes us at least for some short period of time energy independent and i think most people see it as a two to three-decade loop to play out and where we'll collect the gas and it will lead us to the next energy source and there's energy to be harvested, money to be made, people are going to after it and i think what we owe it ourselves to do is examine how it's gone on in the past ten years at least since the advent about six years ago and how it will go on. >> local communities, people could get sick. >> people have. and the early efforts were poor and u

in this case you have matt damon and yoko ono, saying fracking is the most dangerous and lisa jackson example of ground water contamination, and said it a couple of times before congress under oath and the u.s. geological survey did research on fracking in arkansas, looked at 127 wells a keep of week going, no evidence of ground water contamination. stuart: this movie "promise land", with matt damon, there are scenes where farms are burning. >> a toy farm, this takes before a bunch of kids in a classroom and covers with a household chemicals and causes it to flame and saying that it burns it to a crisp. scary stuff. and oil and gas regulators, people in texas, ed rendell, former governor of pennsylvania says that fracking works well and he urges the state of new york with fracking, not just republicans, these are democrats who are saying that this thing is safe. stuart: because new york is sitting on top of huge deposits of natural gas, the marseles shale under new york state. >> yes. stuart: they have not given the okay for it. in fact, they may say, no, you can't frack, can't get at

what about fracking?te science coalition of america. steve, a pleasure. welcome back. good to see you again. >> good morning, great to be here. >> of all the proposals, and in particular, one to combat climate change, regardless of whether we like the tax or not, would it work? would it help? tell us. >> well, the carbon tax has been proposed by some, a tax on carbon dioxide, a tax on hot air, proposed by some to be a way to close the budget deficit, and, second, to solve the problem of global warming, but it won't do either, and it's a tax on refineries, industry, and utilities and will slow the u.s. economy rate, the price of gasoline, goods, food, electricity, and so it will probably reduce federal revenues, not helping with the budget deficit. >> that's interesting because it's billed as we're doing something, showing the world we're tackling this carbon emissions problem. we are doing something. it's also billed as a big revenue raiser for the government. i think that's the motivation. now, in the lo

that's what they did with fracking. they had been' trying to develop a natural gas strategy as conventional gas emerged after 2005 and 2006, increasingly looked like a real opportunity, and they were going out and doing the kind of land games and buying up leases, putting it together one patch at a time and trying to build something. but at their scale, for them to be a player, they needed to come in big. so they fought fto in 2010. one thing that is interesting that the fracking story -- now they're the largest producer of unconventional -- >> host: of course they are. >> guest: if you have $40 billion you can lay down, you can become the largest of almost anything. what is interesting -- i wonder what you think about this. i think of climate as a challenge of climate legislation, carbon pricing, as an analogy goes strategic challenge they faced in an earlier generation where they dealt with resistance to their investments and their thinking with a pretty aggressive strategy. now, fracking is not just a business challe

matt damon will tell you fracking should be banned.d the heartland knows it is good for their community. their story had to be told. i asked the people of america and they did. john: buy give you $1 my name is in the credit? $20, dvd. $125 a film poster. this motivated people? >> anybody who gve $1 is the execive producer. [laughter] this is a film by the people for the people it allows the documentary movement to kick starter -- kicks starter. no longer can hollywood say what is a documentary. people out there, but kicks starter has closed. it is fantastic. john: good luck with your movie. i hear tt mark cuban bought it? >> it will be on access tv going up against the promised land at the same time. there will be another voice. kicks starter has allowed us to do that. john: thank you. my carity and a charity sturdy that got the biggest filmstart -- story in [applause] john: many charities do good thing is to bring people together. one is called on their flight. >> when i was liberated by one -- i wore 70 days weighed 70 pounds. the of

so i think that's really what fracking is -- why fracking is part of the food debate. now, as far as or the clinton administration, um, the clinton administration had an extremely close relationship with tyson foods. and, of course, tyson is the biggest producer in the u.s., second largest in the world. and so tyson did not like some of bill clinton's policies when he was governor the first time around because he was making some reforms around trucking, the trucking industry. and, of course, if you're a big poultry player, you're trucking a lot of chickens. and so bill clinton got punished. he didn't get elected to be governor when he ran again x then he reformed -- and then he reformed as far as tyson was concerned. so he has had the support of tyson ever since then. so when the clinton administration came into office, they facilitated the first stage of privatizing meat inspection which we have been living with ever since and which now the obama administration is trying to take a step further. the clinton administration privatized it in the processing, you know, meat

on fracking... until a../. 3 expecteddto issue...ts final report next yeer. & 3 theyyre off and running in annapolis as the 2013 lots of issues are oo the table... but as john rydell tells us live from the ccpital... axes pay once again be on the agenda. 3 3- 3 3 3 3 omalley "iq: if wee 3 dont find.. oq: time we waste." //butt to// ancy jacobs "iq: the laat tting... oq: any taxes? ny taxes, any taxxs." -3 3 ,3 that bringssussto ourrquestion - thhs year? 3 go to fox-baltimore dot ccm 3 you cannalso sound off through facebook. send us a tweet.. at foxbaltimore. ann you can text your answer to 45203. - enter foo45a forryes.. or fox45b for no. 3 3 while... -3 the avees... prepareeto take on the broncos... thiss weeeeed, .../ the... rest of the ravens crew.... fired up for thh game. game. & 3 purpleepride... was... radiating...ttday.. p during a... &p"bbsh the broncos" rally... -3&pat... m&t bank in white mmrsh...//. fans... were ...joined by the ravens cheerleadees... and the mascot... to 3& post season run. 3 "iq: m&t bank staddum ii on

she said regarding fracking, that under the right regulatory conditions, fracking would be okay.t means. >> for the fracking industry, it's better f-- >> it's important to know this because of her replacement. you say her replacement might be her assistant. >> well, her replacement temporarily definitely will be her assistant they're saying. and the question is who is the president going to bring in after her for the next term. >> all right. you're going to report on that. when are you going to give us on the scoop on that? >> as soon as my sources deliver it. >> all right. thanks very much. >>> touchdown jesus. notre dame's first comeback since 1988. we're about to look at the academic success that goes along with the athletic success in south bend, indiana. ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average.

it is called, frack nation.e of your viewers may want to look at that and look at the pro side of fracking. cheryl: the documentary producer has been on the business network to talk about that. let's talk about the international markets overall because i know you watch the international sector. >> yes. cheryl: the president said it, seems like we're getting more and more away from dependence on foreign oil but which still require a certain amount coming from the saudis in particular. what kind of percentage do you think we'll be at by say 2020? >> well, pundits right now, all the people in the oil industry that talk to, 2020, the united states may be self-sufficient and not need foreign oil. you know, early on you mentioned in your piece just before that, during the obama administration you had increase in oil production. it is about 5.3%, which is 6 1/2 million barrels of production right now that the u.s. is producing. by the end of 2013 there will be around 7 million. so the u.s. right now is importing about

the topic of fracking remains in the spotlight.h the energy industry and environmentalists. joining me now chris faulkner. reviews of the actual filmmaking were fairly negative. >> sure. cheryl: we will not get the full study until 2014. environmentalists and hollywood are now going after you. >> they continue to be transparent. continue having conversations. let them know what we are doing and how we are protecting the groundwater. how the process works. i think we are making headway. cheryl: what we saw in june june 2012, production high. we are seeing booties predict that oil and that gases will be building. if the epa comes out with one piece of water contamination, you will be hit with this pr nightmare. >> regulation will occur and add cost to the old process. cheryl: are you worried about that? >> no. we have signs on our side. we have the evidence and proof that contamination is not occurring. there was no action necessary. i would hope that the study will be the last piece that we need. the process is safe. the way to use

the people advocating for fracking are small farmers.e, no power, no access to the media. we're making a documentary, "frack nation" coming out on access tv on january 22. until that documentary appeared there has been no voice. >>brian: you're it. >> governor cuomo, i assume he's playing politics. he's worried about these powerful voices. but he needs to listen to the 99%. not the 1% who are against fracking. >>gretchen: it comes outs the 22nd. thank you for your time. coming up on tprobgz frocks, the best -- coming up on "fox & friends," the best way to get rich, throw out your budget. >>brian: he told senator feinstein keep your hands off my gun. that man coming in just a few minutes. [ male announcer ] coughequence™ #8. waking the baby. [ coughs ] [ baby crying ] ♪ [ male announcer ] robitussin® liquid formula soothes your throat on contact and the active ingredient relieves your cough. robitussin®. don't suffer the coughequences™. i just got start and i'm like "hey, that first 20 came off, well it wasn't too hard at all." i love bre

all of that stuff is still emitting even after they leave. >> fracking is dirty. there is no way to make it clean. the industry knows it is dirty and that is why they're spending so much money on the pr campaign to spread the information and tell people it is going to save their economy, when actually it devastates local communities. >> hundreds of people gathered in new york city on saturday for a public memorial service honoring and schwartz, the internet freedom activist who took his own life earlier this month. he was weeks before trial date for downloading millions of articles provided by the nonprofit research service jstor at mit. swartz was facing 35 years in prison, a penalty supporters called excessively harsh. at the memorial, aaron swartz's partner, taren stinebrickner- kauffman, called for prosecutors to be held accountable. >> on last friday he face the prospect of yet another three months of uncertainty of ups and downs of being forced by the government to spend every fiber of his being on this damnable, since this trial. with no guarantee could exo

employee for a big corporation, trying to convince smalltown landowners to lease their land for frackingntroversial natural gas drilling that can lead to fortunes. >> you could be a millionaire. >> reporter: but at what cost? >> my farm is gone. the land turned brown and died. >> reporter: now, the real-life energy industry are digging in. not for gas. but for a fight. calling the movie unfair. >> the movie presents an oversimplification. it really doesn't do justice to the full spectrum of benefits we're seeing natural gas provides. >> reporter: one industry group is even running commercials in three out of four theaters in pennsylvania, just before the movie begins playing. >> get the facts about natural gas development. >> reporter: celebrities, have joined the campaign against fracking. >> i love my new york water. so, stop fracking with it. >> reporter: it's a cause that grew in momentum after the success of the award-winning 2010 documentary, "gasland." our water was good before they started drilling. when they were done, it was bad. >> reporter: even back then, the industry battle

when it comes to fracking, you got the epa, u.s.r contamination because of fracking. not one. >> steve: that also including pennsylvania, which is ground zero in the movie where they lit the water on fire. we've got a snippet for folks to watch. here is someone from the epa saying the water is fine to drink. >> sick and tired of this! what happened to you people? really? you guys aren't the same as you were two months ago, three months ago. >> talk rational to me. >> how can i talk rationally when you won't listen to anything we say? you're saying my water is fine and we can drink it. >> we're telling you we tested your water, at this point in time, we found no contaminants in it. >> brian: these people are mad that their water is okay. >> i think you've got these people are suing. they see this as gravy train. all of a sudden the epa says there is not levels of contaminants about it. they're upset because they see their lawsuit potentially falling apart. >> steve: a study was commissioned. they've been sitting on it for over a year

what does it mean for the future of fracking? this eight page analysis, a rehash of past studies and they found it can be performed safely but what it really looked at is the radiological material in the ground, water resources and the air emission. will all of that, do you think, quiet the critics? >> no. the critics are not antifracking, they're antifossil fuels, anti-american, they're antiprogress, a coalition of extreme greens, hollywood celebrities and odd balls so it won't quiet them. the only thing that's surprise something speech are surprised. fracking has been going on in america for 50 years. there's a vast analysis. >> you have studied it and put out the documentary that's coming out at the end of the month. why are you convinced it's sa ts of people in pennsylvania where they show things like the matt damon movie where farm animals are dropping dead and they later find high levels of toxicity? >> and their dog is sick and the cat has a headache. you know, people make all sorts of anecdotal claims in lawsuits that are

the it will pro moist frack.s have said they're not going after this movie as hard as they went after your documentary, in part because matt damon does a really good job as an actor of selling fracking. >> well, what matt damon does in the film he comes out with a lot of natural gas industry talking points. he's very good at that. he says if you're not for gas you're for coal and oil. which is a misconception. basically the natural gas industry would like you to believe gas is the only option we have for energy or developing rural communities or urban communities. we know that renewable energy technology right now, the wind and the sun, can power everything that we have on the planet earth. everything that we have on the planet earth. it is completely a false statement for the gas industry to say oh, well either you destroy your community and destroy your environment or you have no energy. that's absolutely not true. and i mean can you imagine sitting in a movie theater and then watching an orwellian advertisemen

fracking...////. clliming... it's... damaging... wells...//. the ... mmratorium... on... frackiig../ the study is cooplete. 3 in hrre dayy, the president will be sworn in for a second t. term. one--oint-eight million people were on hand for the president's first ceremony seen here in 2008. 20088 by the numbers, this willlbe the 57th presidential inauguration. thh president will actually be the presiient will actually be sworn in on sunday. then hold a public ccremony n mmnday. thissis only the seventh time innhisttry ttat the 200h has fallen on aasunday durinn an innugural yeaa. the supreme court mandated the two 1821.onies when a sunday witt hundreds of thousanns of peopll expected to attend president obama's second inaaguration...health experts are bracing for the flu. flu. health workers say people will be close togetherr..touching the same essalator handrrals....which they fear...if you're ot cautious.... could spread the flu even more. "we know that it comes every year, every fall, every flu is coming. aad we're prepared for it." it.. p emergency rooms in the area ar

. >> reporter: celebrities, have joined the campaign against fracking. >> i love my new york water.acking with it. >> reporter: it's a cause that grew in momentum after the success of the award-winning 2010 documentary, "gasland." our water was good before they started drilling. when they were done, it was bad. >> reporter: back then, the industry battled back, denying potential dangers to human health. what a spokesperson did in this interview with dan harris. >> aren't people getting very sick living near natural gas drilling operations? >> i don't know that there have. >> reporter: for their part, the makers of "promised land" say they are not taking sides in the debate. >> we wanted to make a movie about american identity. we didn't want to give answers. we wanted to start a conversation. >> some environmentalists aren't happy with "promised land" saying they don't think the movie goes far enough to criticize fracking. maybe the movie is a success in getting people talking. >> if you angered both sides, maybe you're doing something right. mark, thanks very much. >>> let's get it

unlike the rest of the country that has been able to benefit from the fracking and the production ofural gas, the pipelines haven't gotten to new england yet. take a look at this. if you look at the price discrepancy because what you are paying in new york city, where you pay 22 million metric btus versus chicago of 370. that shows the impact of this. but around the north east, the department of energy has warned because of declining production in canada of natural gas and the inability to get the cheap fracking gas to the northeast, northeast bills are absolutely going to soar, hitting the highest level since 2008. >> neil: driven by the weather or more than that? >> no, i think it's really the weather, right now. if you look at the volatility of the natural gas prices in the northeast, and the inability to get natural gas where it needs to be, you are seeing extreme volatility, not only in the prices of natural gas, but for electricity and other uses right now. you know, and this is the way the rest of the country would have looked, neil, if it weren't for the fact that fracking ha

others raise questions about fracking, as you know. >> fracking, the issues of not contaminating water, there's no doubt done properly it's a very small extra cost. the local environmental issues can be taken care of. they're even looking at how the they recycle the water so they're not demanding water that might be used for other purposes. now, when you burn that natural gas, it still emits co2. but it's a miracle for the u.s. and it's great-- great-- >> so we should go full speed ahead on the development of natural gas because it will make us energy independent or if possible fuel independent or wecúdon't have to import fossil fuel from around the world and the political considerations of that make it urgent to do. >> right and if we put a-- some price signal on

new york governor quomo still is on the fence regarding the fracking issue. it could revolutionize his state. how important to your economy and pennsylvania is the fracking shale revolution? it is extremely important and we put an impact fee on the shale. we picked up $204 million rather than put taxes whose impact fee into the community. it has allowed the industry itself to hire people. there are related companiy ies t hire people. and you know the phrase the necessity is the mother of invention. a lot of inventions are being developed but the energy itself allows businesses across the state to grow. a lot of companies in south eastern pennsylvania and philadelphia are going to be using it to power the refineries, it is looking and hopefully will build a facility that will take the ethonol and take ethanes they are paying around $80,000. the average workforce is $47,000. >> why is the governor still waiting? >> i know what is going on. i know there are a number of people that used to be opposed to it. a lot of them have changed here. but there are a certain

, hydraulic fracking and so forth. those are resources that help us find pore of this stuff. we can have a discussion about recommendation and so forth. it's very controversial. that has materially changed the economic structure of energy in america. if you take a look at conservation and renewables which i think is ultimately the right answer, what you see now is the automation and instrumentation of passive systems, it changes everything. it goes under the term of smart building. roughly 40% of the carbon emissions that are coming out of the u.s. are coming out of building. frankly, if you would stop heating all of the building in new york as high as you do and insulate them better, you would make a significant contribution. you think of passive insulation as the first thing. the adoption of renewables. the interesting thing about solar, it's not even as good as wind. wind is within one cent of a kilowatt equal to coal in the current structures and that's phenomenal. let it come down its curve. there are a lot of rea