marcellus owens was -- hey, marcellus. you were 11 at the time. now you're 13.lost his mom who died without health insurance and he's about to join me live on the first day the supreme court hears the case. but first, a preview of cnn's next list. owe. >> i use toys to make medical devices. >> often tienls we look at these medical devices and they're a black fwox abox and you need an expert. you might not have the courage to hack a $1,000 device, but you definitely have the courage to hack something that's $5 and it becomes something as powerful as a $1,000 medical device with a little ingenuity. [ kyle ] my bad. [ roger ] tell me you have good insurance. yup, i've got... [ kyle with voice of dennis ] ...allstate. really? i was afraid you'd have some cut-rate policy. [ kyle ] nope, i've got... [ kyle with voice of dennis ] ...the allstate value plan. it's their most affordable car insurance -- and you still get an allstate agent. i too have...[ roger with voice of dennis ]...allstate. [ roger ] same agent and everything. [ kyle ] it's like we're connected. no we

and we will continue to invest in the marcellus gas shale play in pen. >> how much of the marcellus has to do with contracts you have to fulfill? because that's largely nat gas, isn't it? >> it's dry natural gas, which is a little bit of a tough play right now. if you go back when we got into it, we actually did a structured deal and we had a carry obligation. so we will satisfy the balance of that carry obligation in 2012. so we'll continue to expand to hold the acreage position and add some reserves and production. but in the interests of a longer-term value build through the natural gas. >> in the conference call from february 24th talk about bakken's gotten expensive. are you abe to make enough money even after all the expenses because it's hard to get the oil out of the bakken. >> this is where technology has taken the resource plays. is it still able to make money? oh, absolutely. for example, 90% of the wells that we'll drill in the bakken this year are what we call longs. and when we look at the economics, the long wells, we're projecting that the net present value at a 10% disc

but far below the pristinee tteasure of energy.with that rig they can drilllnumerous marcellus shalehhmethod fdrilling. it's called hydro-fracturing... pr racking. millions of gallons of water sand and chemicals are injected at high pressure doon under. aa least extends horizantally as far as a mile wide in each directioo. and that's... what worries... some environmentalists. (tidwell) "this is in effect blowing up mountains on the inside aaddwhile we may not be able to see those explosions from the surface, the &pconsequences of those interro eeplooions do efect water, do that...the state of new york - and marylanddave imposed imposed moratoriums on fracking until a comprehensive environmental studies are completed. but farmmr bill aiken... believes...energy companiis... should be givee the green light...to pursue... high-speed drillinn. (aiken) "but i know in west virginia, there's never been a case of a well water contaimination from a fracking of a marcellus well."aiken says natural gas...is much cleaner than coal.and e's conninced that maximizing this uptapped day...benefit ever

reserves on state and private lands, whether it's north dakota or texas or for natural gas in the marcellus shale, i question the wisdom of proposals to increase federal onshore royalty rates put in place new inspecting and drilling fees, and charge a dpee on the so-called nonproducing leases. it seems to me that this is just taking in a direction that will make our federal lands less competitive and we may see a continued trend of more investment fleeing to the stateside and to the private lands or possibly other countries. again, thank the witnesses for joining us and for the work that they do within their respective agencies. and look forward to the questions. >> thank you. i have to point something out. mr. boudreau is from alaska. but his father is from woonsocket, rhode island. >> i didn't know. >> that's either the shrewdest appointment ever made or the luckiest point ever made. senator, comments? >> i do. thank you chairman reed and ranking members today. i welcome bob abby and mr. boudreau and mr. watson to the hearing this morning. and just a few quick words about the 2013 departm

in the marcellus, most of that money has already been spent or locked in. that's still the most profitable gas play in the u.s. and we're now producing 6 million a day per well gross in that play. but we've cut that way back too and our partner -- >> 6 million -- >> cubic feet per day per well. >> now, your value with $2.25 nat gas, you're still making money. >> we're making a lot of money. if you have to drill, the rates return aren't that good. but the margins on the production are very good. if tomorrow the post office decided to switch to natural gas trucks, and what would happen if west port and cummings are so successful in getting big fleet trucks to be able to use 25% of the imported oil. what would it do to your natural gas holdings? >> i liked your tomorrow theory. the problem is, this is going to take three to six years, but it's starting the middle-sized trucks that come back to the same place every night are already starting to do this. the waste companies are way out in front. the long haul trucks, that's a different story. the little cars don

. >> this well extends down almost 2 kilometers, all the way to the marcellus gas field -- the largestf its kind in the us. in about a month, shell plans to start extracting natural gas here. northern pennsylvania's landscape has changed. the small gas platforms are everywhere. it's like a gold rush. shale gas is a billion dollar business. some believe it's the solution to many energy problems. kim windon works for shell. it's her job to convince the public that drilling for gas is the way to go. >> it's very plentiful and we've learned over the years that it's something we can explore for and develop both safely and responsibly. >> but others in the area disagree. this platform is located near wellsboro, on a farm owned by carol johnson. >> as he is a little soft, but it is kind of weather in the spring anyway. >> today there's just a bit of tar left. but about a year ago, this field area was suddenly covered in some kind of fluid -- and carol's cows drank from it. >> the thing that happened was, we lost these calves. >> and how long did it take you to figure out what the reason was?

you still have to have a drilling budget for barnett, marcellus. can you just -- is there any way to dramatically cut the drilling budget for these nat gas fields? >> on the slides you're looking at, we show only $15 million of drilling budget in the barnett and we basically have now sold off a lot of those reserves. so that number can go down. in the marcellus, most of that money has already been spent or locked in. that's still the most profitable gas play in the u.s. and we're now producing 6 million a day per well gross in that play. but we've cut that way back too and our partner -- >> 6 million -- >> cubic feet per day per well. >> now, your value with $2.25 nat gas, you're still making money. >> we're making a lot of money. if you have to drill, the rates of return aren't that good. but the margins on the production are very good. what would happen if tomorrow the post office decided to switch to natural gas trucks, and what would happen if west port and cummins are so successful in getting big fleet trucks to be able to use 25% of the impor

. >> reporter: police have identified the victim as 33-year-old marcellus jackson of manville road in greenbelt. they say he was shot multiple times and pronounced dead at the scene. they're working to find out how his vehicle caught fire. they don't believe that the fire was intentionally set. people who live in this community say this is not their norm. >> i'm pretty saddened about it and fearful. >> reporter: we've done a preliminary search, we have not found any kind of criminal background, in any relation to jackson's background. police say at this point they still don't know exactly why he was here at the apartment complex earlier this morning. they say that at this point, they have no motive and also no suspect. in fort washington, tracee wilkins, news4. >>> thank you, tracee. and new today, vd.o.t. is planning to take down two highway signs on i-95, following failed inspections. virginia began extra sign inspections last month after a sign fell on a truck on i-66. since then, crews found two signs had a gap in a joint of the support structure. one of those signs at mile marker

already said in my opening statement, fortunately, a lot of these shale deposits in areas where the marcellus is up in pennsylvania and new york, places -- people think normally it's all out west, but it's not. we've had tremendous opportunity s and in spite of his policies we've increased our production and will continue to do so. if we can just get all of the politicians out of the way, we'd be able to be totally independent of the middle east, not only in a matter of years but a matter of months. >> we have 2% of the world's -- >> no, that's not true. >> -- proven supplies. we're not going to go off on this. >> i can't leave it at that, though, because that's not true. >> we're not going to do this. you raised -- >> the largest -- >> senator inhofe, my dear friend. >> the reserves of any country in the world. >> i just want to say this is not the energy committee. you used your time to slam our president and i take offense at it. and i will tell you right now if he is so punitive, why are the oil companies making more money than ever before in history? record profits they are singing in th

it's similar to the marcellus shale in pennsylvania and new york where they produce a lot of naturalas. so what that means is that we can be producing a lot more oil and natural gas around the country in areas that we couldn't just a few years ago because of new technology. >> we're talking with daniel simmons with the institute for energy research. looking ahead as we move into the spring and summer in terms of prices right now in many parts of the country $4 a gallon or higher. what can we expect? >> continue the same thing. unless there is honestly unless there's bad economic news out of europe or unless the situation in iran is completely calmed down there's nothing in the short term that would drag down the price of gasoline, and that's, i think, that's the sad reality. we can't -- producing oil. we can produce more oil over time. we can truly have access to a lot more oil resources but nothing will change this short term picture. so, you know, hopefully the situation in the middle east, iran and syria will, you know, calm down because otherwise we're going to be seeing high gas

(rydell) "if marcellus shale driing is ever allowed in maryland, it could be at least two years away,se pll chhmicclssused indrillinn. and they want those companies to pay for the environmental impact study....hich could tooal two million dollars. they're also seeking moremore protections for local property owners.(mizeur) "we want there to be consumer and landowner bill of rights if you will in &prequiring certain leasing disclosures to protect people." other lawmakers...hope fearr over racking...won't permaneetty stifle...the drrlling for natural gas. (edwards) "we live there. we're nnt going to do something that we know wwuld damage water or anything else." in annapolls...john rydell, fox 45 news at ten. this drilling for natural gas already occurs in pennsylvaniaa west virginna and ohio. the.../ governor.../ defends...// the... gay marriage bill.../ he... signed into law.... yesterday. yesterday.((aaplause)) ((applause)) crowds.../ gathered thursday.../ ááasáá... governor ...martin o'malley.../ signed... the bill..../ áámakingáá maryland ...the 8th state .../ to... allow.../ same

thousands and thousands of wells drilled every year in the marcellus shale in pennsylvania.additional violation has been posted. that brings the total violations to 56. 15 of them are unresolved. we're going to go back in pennsylvania in a few weeks to do an in-person file review, look at the files of all those wells. we asked to do that when we were there. they couldn't fit us in and said we had to make an appointment. like a landowner, it takes weeks. we'll keep on top of this story and let you know. >> poppy harlow live in new york for us. >>> cnn medical correspondent, dr. sanjay gupta, is now a novelist. his page-turning back is an inside look at one of the most secret meetings in all of medicine. we're going to talk to sanjay next. [ artis brown ] america is facing some tough challenges right now. two of the most important are energy security and economic growth. north america actually has one of the largest oil reserves in the world. a large part of that is oil sands. this resource has the ability to create hundreds of thousands of jobs. at our kearl project in canada

the victim is identified as marcellus jackson. an officer pulled him out of the car trying to put the fire out but jackson was dead at that point. police believe that dry leaves under the car started the fire. >>> police in virginia have new clues in the assault of a 16- year-old girl in springfield. the police released new fight -- two photos. the man grabbed her from behind said the girl and threw her to the ground as she walked home from woodson high school. she was on a wooded path around 4:00 monday. the girl screamed and got away. >>> a developing story out of france tonight. that is where a raid on the home of a suspected serial killer developed into a long standoff. riot police are surrounding the home of a man who is suspected of shooting a rabbi, three children, and three french paratroopers. prosecutors claim he was preparing for another murder. amy kellogg has the latest. >> reporter: the search for the shooter led police here. to the apartment of mohammad mera. the officials say he is an ultraislammist who has been un

. >> look at all in -- you normally don't expect it, in new york, in pennsylvania, the marcellus there, all the tuchbt opportunities, we have a guy up right now in dakota north dakota, his biggest problem is they are fully employed, can't find anyone to work. >> the point you made here is president obama is blocking production and doesn't want us to be producing energy. energy production, oil production in particular, is up under president obama versus president bush, so making this a problem with president obama doesn't make any sense. >> it makes sense because these finds took place, they were into the oil sands the way they are now. when i say we could run the united states of america at present consumption for 90 years on natural gas and 60 years on oil, that's true today. if we were having this conversation two months from now, it would probably be 110 years and 80 years because of what's going on out there, but that's in spite of the president. the president will tell you that he's done everything he can to stop fossil fuels, hasn't he? >> i know you'll understand we have to take

energy, that has been feeding them excellent assets in a range of unconventional plays, barnett, marcellusl as the mid continent region, all areas of oil drilling that require midstream's infrastructure. the great thing about a high yielder with relatively fast growth is it consistently can raise its payout. some analysts see it boosting distribution by 10% annually that would be impressive. however, concerns, the dramatic drop-off in natural gas drilling. how is that going to affect the company? that's why i'm thrilled to have mike scientist here to tell us more about the company and its profits. mr. stice, have a seat. >> two announcements today. one, president obama giving incentives for low-fuel cars and that will include natural gas and he says cut through the red tape and build fueling stations. and ge and chesapeake announced a cng in a box, a way to make it so almost everybody can fill up. now do these drive natural gas through your pipes? is there a longer term impact for your business? >> you bet. it looks like we coordinated these press announcements. >> it sure did. i'm so thri

sergeant marcellus ball rides with the commander in the back seat of a squad car, struggling to stoping with his own shirt. >> i was just talking to him. and he wasn't responding. i was really, really nervous at that point. >> davis makes it to the hospital alive. he loses parts of his fingers from the gunshot to his hand, but he pulls through. sergeant satee, sergeant schultz and officer anderson also recover. >> i was cleaning gunpowder out of my ear to give you an idea how close that was. i have hearing damage in both ears due to that. >> authorities believe that gunman lamar moore's attack was a kind of suicide attempt, possibly motivated by a police investigation into alleged sexual misconduct. >> we are fairly confident that this was a suicide by cop because apparently the gig was up. we were on to him and that there were probably charges imminent. >> in the days after the shooting, detroit police chief ralph godbee releases the video to the media to show the extraordinary bravery of his officers in an unthinkable scenario. >> it's almost mind boggling to have that level of pro

do you need to be like williams, which made a huge acquisition today in the marcellus, or happy withhis area that does it for you? >> if think about one of the growth projects we announced in 2012 it's going to be our plant in south texas. we're starting to expand our footprint beyond the rockies. we'll bh -- be in the eagle ford part of south texas supporting anadarko building a cryogenic facility there as well. >> where is the ultimate destination of what you're putting through your pipes, because we are hearing a lot of -- all the candidates are talking about it. on this show i talk about it all the time. natural gas. where's your natural gas going? is there enough demand for it? we know the prices come down. not that that affects you. i understand. only 5% on hedge. just trying to think globally about where the united states is in terms of using its resources. what do you see happening? >> today an a car -- anadarko's got a phenomenal marketing department. they take all the off take whether it's ngo's or dry residue, and they've been very successful in making sure they have found

developed oil production in the fields in north dakota and montana to eagle ford field in texas and the marcellus in pennsylvania. this is all private entrepreneurship, had nothing to do with obama's regulatory handcuffs on oil produced offshore and on federal lands which he has basically blocked or slowed. and there's a production backlog, inadequate pipelines, refineries closing down, as sharon just said, gas prices surging, and gop candidates have been quick to point fingers at the president on the campaign trail. take a listen to mitt romney from earlier today. >> we have three people, i call them the gas-hike trio, the secretary of the interior, the secretary of energy, and then the administrator of the epa. and what they've been doing piece by piece is making it harder and harder to drill oil in our country, to get natural gas from our country, to take advantage of the coal we have in our country. all of these things drive up the cost of energy, drive up the cost of gasoline and other sources of fuel. >> all right. so the question is, are obama's policies actually making america's energy tr

a controversial method for exttacting natural gas pmbedded in marcellus shaae. pand and chemicals areected at high pressure at least one mile underground... but that high speed drilling thee extends horizantally as far as a mile wide in each direction.and that's... what worries some environmentalists. (tidwell) "this is in mountains on the inside able to see those explosions from the surface, the interior explosions do effect water, doo effect runoff." runoff." the state of new york and marylaad have imposed moratoriums on fracking until comprehensive environmental studies are completed. cutting edge surgery out of medical center... doctors are expectee to telllthe public more about the hospital's first face transplant.. they are expected to discuss the 36- hour procedure ... this mornng at the hospital in paltimoreethey're also expect to release some details about who underwent the procedure - last week. the transplant, which includee the tongue, teeth and upper and lower jaws, is the most extensive performed to date. theeinvestigation is complete... complete...what happens next... r

area and acreage in utica, below marcellus vertically down and they have a mid stream business and thatts them to the major areas, that business could be monetized at some point by having that create an mop and putting a higher cap rate on the company. the stock is about $50 a share. they missed a window to partner up with someone. today for example chevron is in the paper saying hey we bought atlas and want to do more in frac and gain the knowledge of this area and they're going to make those investments. how do you move the gas to the user? >> for disclosure purposes -- >> i own all of them. we're buying pepsi today. i was at the meeting that indra had at yankee stadium, i was at the one in january or february and i think she's got -- >> just on the national fuel you mentioned the mlp do you know if they are actively -- >> gary i say what would gary do if he were running the company. what's so obvious when the stock is down 25%, because they were not willing to seize an opportunity, carpe diem, all of the companies knocking on a door. we as a country know we have to do natural gas and

that boy right him in the similar tie is marcellus owens. he was 11 years oled at the time. me live in the next hour and he's going to talk about how his work advocating for health care is far from finish. and the wife of an american soldier accused of slaughtering 16 afghan civilians speaks out today. you're going to hear from sergeant robert bales' wife right after this. [ male announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. and celebrex is not a narcotic. when it comes to relieving your arthritis pain, you and your doctor need to balance the benefits with the risks. all prescription nsaids, l

the marcellus in west virginia, pennsylvania, virginia and ohio.line to come down you back down on gas. >> apple is below $600 for the first time in the session. microsoft trying to make their way into the green. that may be what to watch. >> and microsoft this morning, morgan stanley raising price targets saying windows 8 is in it and other iterations of other products that are not in it. i can't be as negative -- we are not europe. we are not china. and we all trade as if we're china. people forget we're the largest country in the world. i'm not being zenful and not giving you an s.a.t. tutorial. if you sell the united states off of a german pmi, a european or chinese pmi you'll miss what's going on all of 2012. >> on that note, brian is with bob pisani. >> we have exact target, indianapolis based company are going public. 19 was the price, indicates 22 to 24. bob, an exciting dual ipo. >> exact target, we call them cloud computing but they're really a marketing firm. cross channel interactive marketing. >> best buy, reward zone, you get the e-ma

for example, the natural gas marcellus finds, the dramatic increase in cheap natural gas makes it very renewable energy to break through. that's easier when you have very high prices. but still, we understand we're too vulnerable with respect to our need for foreign oil. and i think that the research that's going on is going to produce a lot of progress. >> well, the oil lobbies, obviously, and let me just strip it down, the oil lobbies are obviously very powerful. how much influence do they put on politicians in both parties to not be too aggressive in trying to find alternative energy sources? >> well, they have that interest of course. but the three largest reserves of oil are saudi, iraq, and iran. those are the three largest reserves of oil in the world. and you've got speculators that are deep into leveraged credit default swaps and others in these markets. and so you've got a lot of people -- if we were right on the edge of finding a new inexhaustible source of energy, it could cost very little. it could happen. who would try to stop it and how would they do it? >> and that's wh

there's a lot of oil and gas exploration right now with the marcellus shale region, the canadian sands and then the traditional oil belt, so they're all doing very well in that area. relative to looking out into the future, a lot of it depends on what happens with the employment base. the economy shed about eight and a half million jobs. they have aed somewhere between a million and a half to two million of those jobs back so there are millions fewer people working today than there were in 2007. as those people come back online and those jobs come back, that only bodes well for our company. the timing of when that happens i can't predict. but in every other recession and every other decline we've seen in the labor market as a result of a recession, those jobs have eventually come back, so that bodes well for our business. >> scott, i assume you see good things ahead because you're advertising all over the place. you must see an improved labor market, otherwise you wouldn't spend the money to go after workers that you clearly believe are going to be there? >> there is an improved labor

there is the marcellus shale. pennsylvania. runs up into new york state. but a massive natural gas formation. and the ability of hydrolic fracking, which has never been shown by a single scientific study to pollute water, despite some of the stories. once it is invested they will find out it's simply not true. the whole purpose of hydraulic fracking is to push oil or natural gas out of the formation and up. there is a invested -- there is a vested interest of making sure that it is ok where drinking water is found. there is no scientific evidence that hydraulic fracking has polluted drinking water. if you look at the things that's done, depending on who you believe, we have at least 300 years of natural gas, even at an accelerated rate. people are now looking at having their cars running on natural gas. then, just when we think, well, natural gas is the thing of the future, now we got 300 years in which to find a suitable alternative without bankrupting the country trying to create something in the way of solar power or wind power that one day solar power

which is already set in my opening statement, fortunately a lot of the deposits in areas where the marcellus is up in pennsylvania and new york people think normally it is all out west but it's not. we've had tremendous opportunities and in spite of the policies we are -- to increase our production and will continue, and if we can get all the politicians out of the way, we would be able to be totally independent of the middle east not in a matter of years been a matter of months. >> we've 2% of the world -- >> that's not true. >> -- proven. we are not going to go up -- >> i would leave it at that though, that's not true. >> we are not going to do this -- senator inhofe, my friend -- >> -- the reserve of any country in the world. >> i just want to say this is not the energy committee to be this is the environment committee. you use your time to slam our president, and i take offense to that. and i will tell you right now if he is so punitive, why are the oil companies making more money than ever before in history? record profits are singing in the board room. and we are going to move off this