there's not a better growth story in the united states for gas in the marcellus and utica. we have it stacked. we have it right along the ohio river. >> the company are worried about funding gap. it sounds like from listening to you, you do have much more control of your destiny than some of the research might think, because of all these things going on. >> it's very manageable. we've raidsed $180 million of equity a in barring base review coming up, i'm selling noncore assets, so we're okay. we're fine for the year. now next year we'll determine with the success we have with all these new wells. today we are producing 18 and 19,000 barrels a day, turning eight new marcellus wells just on this week. that will push us over 20,000 barrels a day. by the end of the year we're projected to be at 32,000 barrels in six months. >> that would be meaningful. >> huge. >> i know why relational took that stake. that's gary evans, chairman of magnum hunter resources. i like a speculative name it a portfolio. consider magnum hunter. "mad money" is after the break. >>> coming up, new medic

i think going forward, the marcellus is where most of the drilling is taking place for natural gas. that they get out of the ground there is much more liquids which is more valuable than the methane and ethane itself. and the capacity for pipelines, these are all factors at play. it's not only mining that -- that sort of -- that this is going to show up in. it's going to show up in accommodation for the workers, and fabrication for the driller ts. but it is having a benefit. it's not just as -- as apparent, economy. >> michael i'm not going to compete against you in jeopardy. it's always such a pleasure to talk to you. >>> one america's smart move has helped lure companies from all over the country. chattanooga has enough to download a two-hour movie in 30 seconds. talk about life in the fast lain. >>> with app appalachian backdrop backdrop, choot knew ga now has an ul ta high-speed internet service. >> it's about a hundred times faster than the national average -- >> is driving growth in this small city. >> they transfer data at one gigabyte per second. that's 40 times faster than

that's the heart of the marcellus shale. we were pioneers.s a whole, and my granddaughter said, this must be obvious, selling high and buying low. when we saw what was happening with marcellus shale and how high price had gone and how appropriate it was for the world's largest companies to be doing this rather than the independents who start these things. we did a $1.7 billion dollar with reliance, the largest company in india, following that up the next year with the sale of the entire company for 4.3 billion. we bought back from chevron a few assets and we've been building since then. our basic strategy is our parent company is a management company, which gets a share of the profits, called incentive distribution rights. and without investing, atlas energy, the parent company, makes a great deal of money but we have to manage and manage well to make that money. >> the number one thing i don't understand when i look at shale and there are lots of things i don't understand but the number one thing is why don't we see more r & d efforts being

metra spokesman says five boys got inside the rail yard last night in university park. 13-year-old marcellus martin climbed on top of a parked train and was electrocuted. a 17-year-old boy was charged as a juvenile with misdemeanor trespassing. the others are being questioned. officials are looking into whether there was any security to keep people out of the restricted area. a group of nuns in stone park has filed a lawsuit against the village and a strip club ... saying the gentleman's club is operating too close to a place of worship. the sisters of saint charles borromeo say since "club allure" opened in their backyard last september, they have been plagued with drunken fights, blinking neon lights, loud noise and other problems. the lawsuit claims the club's location violates a state law against operating adult entertainment within one- thousand feet of a school or place of worship. an attorney for stone park says that law is unconstitutional. world cup fever was in full effect in chicago during team u- s-a's first match. check out the crowd that watched the game at grant park. about fi

so there's no question the resource base in pittsburgh and in the marcellus is enormous.s a friend of mine said, the gas though -- gas there is though there's prudhoe bay under pittsburgh. and it's a pretty good line. but getting that gas to market, it is problematic especially in and around a population area that's as densely populated as this. yes, sir. >> this'll be the final question. >> last question then, thank you. >> basically, i think you're telling us there's a lot of opportunity for improvement and growth, but our economy is not really growing that well. what do you think are the couple of barriers that we need to remove to really get this to work and rial get back to -- really get back to economic prosperity? >> you know, if i had all the answers to that, i'd be richer than karl rove. i don't -- [laughter] i like karl rove, from austin, it's okay. you know, clearly having a government really believing and policy makers really believing and advocating for cheap, abundant, reliable energy is clearly part of that. and instead what we've had is a lot of social eng

after running into some issues, including a case in point, water flaring and other problems with the marcellushale formation in pennsylvania, caused at least in part, and this was highly controversial at the time but by chesapeake drilling back in 2011. he says his old company had, quote, mechanical integrity issues. although progress has been made since then, he said two big issues remain for gas drillers. one is called fugitive emissions, escaped emissions of methane and other properties when drilling occurs, and the other is flaring. still, without mentioning his new company, american energy partners specifically, he spoke opt missicly about the opportunities in natural gas. he said natural gas should be part of a low carbon fuel triangle. he's well positioned to partake in that right now. he's raised 10 billion in the last year or so. earlier this week he announced plans to make a series of tra e transactions in new shale investment. he's got a lot going on. >> did you get a chance to talk to him at all? >> i did briefly. we said hello and i congratulated him on what's going on with the co

they, dominion is in utica and marcellus shale place and building all the infrastructure to get gas to tremendous growth there they will launch mlp to take separate entity next several months. sempra got approval from the federal government, from ferc, to build a large export facility to export gas to asia. liz: what happens when interest rates do rise? we don't know when, the fed said we'll keep them low for the foreseeable future. yet you know they are slicing back the quantitative easing, the so-called large-scale asset purchases that pumped up the market? it is inevitable that interest rates will tighten up at some point. what happens to those names when this happens? >> the traditional regulated group, con-ed, southern company, hawaiian electric. liz: you want to stay away from those? >> they are fully priced to bond market is. he have the downside risk when interest rates go up and people value dividends less over course of next year. we think if interest rates go up and you're looking at 10-year with a 3, to 3 1/2% handle on in it in a year's time, those stocks could be 5% lower

it focuses in arc sauce and the marcellus shale in pennsylvania, up 17% year to date, but the same storye. 70% of analysts have a hold rating, just a buck above where it currently trades right now. of course, if you invest in any major exploration and production company, they're bound to have a natural gas presence. if you're looking for an etf, it's called the first trust ice revere, it -- it's up 17% so far year to date. a nice move. but just a note of caution, it only trades about half a million shares a day on average. now, stay tuned that's the natural gas side of things. our final installment on "closing bell" next hour will look at the biggest names in the business, the they do a bit of everybody in this entire energy sphere. back over to you guys. >> thank you very much, dom any chu. what is the next stock which could have a battle. the answer is coming up in "street talk". >>> and more problems at mcdonald's. sales continue to lump, but could not be the time to buy the stock? we do have a mystery chart today. the stock is up 15% in the past month. the reason likely has very litt

joining me now is lead co-counsel in the case, marcellus mcrae, who joins us from los angeles, california. also with us in long island, new york is randy winegarden, president of the american federation for teachers. so nice to have you both here. >> thank you. good morning. >> let me begin with you. it's been reported there is likely to be a lengthy appeal process. is that also your understanding, and how do you see this case moving forward in that case? >> i think in the next couple weeks, what we're going to see is a finalization of the judge's decision and as far as the appeal process, that could obviously take anywhere from months to years, but obviously, we're going to do everything in our power in order to expedite that process. >> okay. let me suggest that as i read both the ruling of the judge as well as the initial lawsuit, it seems kind of clear, no one of good faith could argue that there isn't a problem of inequality in education and in educational outcomes and opportunities. i'm wondering, though, why this case links that inequality to the issue of due process for teacher em

fifty-nine year old marcellus well ands was executed last night, by lethal injection, his execution came about an hour before the inmate john wynnefield in missouri. >>> well, there is some help on the way tore that small nebraska town nearly wiped out by very rare twin tornados. the national weather service now says as many as four twisters touched down monday, in and around this community, five year old and also 74 year old who died during the storm, twisters damaged dozens every homes, businesses, the sheriff says the tornados destroyed 50 to 75 percent of that community. the school is damaged beyond repair. , town's residents all forced to evacuate. >> i never saw a tornado, agree up in northeast nebraska. so it wasn't a wish but i got to see a wish that i never would have seen. >> folks there always told they could never get tornado, too close to the river, well, those tornados all part of storm system that brought severe system to so many western states, more than dozen people hurt in that area. >> maid of honor accused of stealing from the bride on her wedding day? oh, boy, yes, t

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epa found the problems in the marcellus were linked to sloppy operation.ggernaut in the same way tom stier has put a lot of money in to stop keystone and basically saying we can stop the heavy duty crude oil import. this would be the job killer if you got fracking off, if you hurt fracking, that -- >> although as you pointed out, texas, north dakota -- >> oklahoma. >> oklahoma. i mean they do account for a great deal of oil production. >> 22%. it's been great. but colorado now obviously what people are talking about is some sort of off the ballot work on local you can say yes, you can say no. a new york-like ban on fracking -- new york has that. the southern tier where the employment is high -- >> the governor has yet to make a decision. >> like keystone. >> making a decision by not making a decision. >> you don't play hamlet. you're going to get -- king richard iii -- my horse my horse no fracking without a horse. be careful if this wins, it's the beginning of the rollback against fracking and, therefore, the gypping of the end of the big gains we have in

instead of just getting that, not free, but that very low competition trade out of the bocken and marcellus as texas and louisiana light sweet, i think they have more competition from outside our borders that's not here yet, i'm not saying it's here yet, but it is coming, and investors are already ratcheting down their outlook as far aprofitability for the refiners. >> in the meantime, even as the energy piece is one side of it, we'll get auto sales next week. it indicates, susan, like you were saying, to what extent are u.s. consumers, to bring it back to the consumer here, able and willing to buy big-ticket goods? >> well, you know, we're starting to see an increase in credit card debt. we're starting to see loosening of some credit standards. and so, you're starting to see, i think, people starting to borrow more and moving more in that direction. it still hasn't hit, obviously, levels precise, but i think some of that is going to start to pick up again. whether or not that's a good trend, you can kind of decide. maybe bad for individuals, good for the economy, and we'll have to find the

technology we could use in the shell that maybe could enhance the gas from the shell that the o utica and marcellus that we have. so much that we haven't gone. maybe we could solidify the carbon and use it as a spent fuel. these are things we need to get to and this money laying right now in the department of energy for almost ten years needs to be invested. and with your help, senator whitehouse, i can only thank you that we can move forward and find a solution. >> i agree with the distinguished senator from west virginia, that the department of energy's advanced fossil projects, loan guarantee program has not yet lived up to its potential. and i will work with him to push the administration to accelerate its use. i would like to close my share of the colloquy by noting something very basic, and that is that america has long stood before the world as an exceptional country. and deservedly so. america proved the case for popular sovereignty with no need of kings or crowns. america took our balanced market capitalism and rode to international economic dominance. america has long been the vanguard of

the mar se ulous shale production -- the marcellus shale production means more jobs, good paying jobs, here at home. by 2025, l.n.g. exports are expected to create 8,600 west billion jobs and put $1 in state coffers. today's legislation will make a real positive difference for working families and communs in my state and states across the nation. this bill would allow us to import jobs and economic opportunity while we export both energy and physical security to our friends and allies. more than a third of the natural gas consumed in europe comes from russia and i'm sure our allies would rather be buying natural gas from the united states. passing this bill will create job in west virginia and across the country, grow our nation's economy and strengthen our relationships with our allies. i encourage my colleagues to vote for this important bill and i yield back the balance of my time. the chair: the gentleman from colorado reserves, the gentleman from california is recognized. . . >> i ask unanimous concept to control the time until the ranking -- -- consent to control the time until