i think of marcellus where maybe there's less of the wet gas or oil, but utica, maybe there's more. will that encourage more develop in some of those finds? >> yeah. >> mr. diwan. >> yes. we need to think about the u.s. gas market as an island. so if we oversupply, which we are right now and prices are low, on the oil side, we don't have the same issue. oil prices are already global. and at the present prices and the present taxation system in the united states, these barrels are very profitable. so we will see a continued development of liquid plays. and i think in the next two to five years, we'll have three or four new plays emerging just because of that price differential. >> mr. burkhardt, when i asked you about what might hold it back, you talked about skills, personnel and just resources devoted to oil maybe taking away from natural gas, the price of natural gas. you didn't mention infrastructure, although in your testimony, you talked about that. can you talk about what you see as some of the limitations on natural gas use and distribution because of our infrastructure chall

up in utica.hen the giants beat the patriots, jeanne is going to be nice enough to serve those beers to all the senate and they'll start buying them and it will help jobs in new york. >> i don't know who it was that thought up these cornball bets between politicians. but i think it's time to please retire them. that's "hardball" for now. thanes for being with us. up next, "your business." that's good morning, veggie style. hmmm. for half the calories plus veggie nutrition. could've had a v8. [ woman ] i was ready for my trip, but my smile wasn't. [ female announcer ] new crest 3d white intensive professional effects whitestrips. it goes below the enamel surface to whiten as well as a five-hundred dollar professional treatment for a transformation that's hard to believe. ♪ wow, that's you? [ female announcer ] new intensive professional effects whitestrips. and try 3d white toothpaste and rinse. from crest. life opens up when you do.

up in utica.ants beat the patriots, jeanne is going to be nice enough to serve those beers to all the senate and they'll start buying them and it will help jobs in new york. >> i don't know who it was that thought up these cornball bets between politicians. but i think it's time to please retire them. that's "hardball" for now. thanks for being with us. up next, "your business." an accident doesn't have to slow you down. with better car replacement available only with liberty mutual auto insurance, if your car's totaled, we give you the money for a car one model year newer. to learn more, visit us today. responsibility. what's your policy? today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemen

now, on the manufacturing side, because this resource base is so large like the marsalis, utica shales, eagle ford, there's about a dozen of them out there, you're going to have continual development, continual drilling. in fact, the whole paradigm for oil and gas development is like a manufacturing operation. the company looks at the field and has a ten-year plan for drilling. it's no longer in for five years build out. now, my study had those type of projects. but when you look at -- you're going to see a lot more activity in u.s. manufacturing sector from the demand pull for resources to do the drilling but most importantly industries using natural gas and liquids to produce stuff, chemicals, products and like. >> great. thank you, tim. nour, we do have a little time for q&a. the pittier we keep the questions and answers the more we handle. we have microphones circulating around. wait for them to arrive so you can get on the record. state your name, so we know where you're from. the jeopardy rule, ask your question in the form of a question if you have any hope to go onto second and

we just had huge investments because of our location with the marcellus and utica shale. we've seen huge investments of almost a billion dollars for steel companies there. velora which is a french company just put $650 million into a steel meal between youngstown and girard, ohio. so we have thousands of building trades working in youngstown. and then you'll go a few miles away, and other building trades can't find work. so it's really the tale of two cities. but my point is on why i get so adamant about the investments and the sciences and the health is because i'm seeing in akron and in youngstown what these investments lead to. they lead to job creation at the end of the day. and when we pull back those investments, businesses don't thrive. businesses don't partner with them. and we have no new economy. and we're getting stuck talking about tweezers when we should be talking about high-end battery manufacturing and how that can the done in the united states. and in places like youngstown and the old steel belt, if we had a tax policy that would incentive advise convert

. >> dean baker, the department of agriculture stopped the shale drilling at the utica field in ohio.like the epa has been a boundary. >> the free market says that you can pollute my drinking water? people are trying to make their living as fishermen, tourism, and beaches covered with oil. >> that's an excuse to stop drilling? >> you have to make sure you have good controls in place so you don't have another one. what will you tell the people in louisiana the next time that happens? >> let's not imagine for a second. this president wants lower oil and gas prices. you know, maybe just for the election. and he came in, said he wanted higher fossil fuel prices to it to combat global warming. would would have a cap and trade system. >> we have a mild winter in d.c. >> he's not for cheap energy. >> he's for sound environmental policies that will do something about global warming. and wish it away. i'm sorry, we have a really warm winter in d.c. which i kind of like, but on the other hand, it has a lot of really bad implications for us down the road. >> you're the holdout. >> jimmy p., texa

we have brooklyn beer, let's not forget saranac up in utica. have a great brews, and when the giants beat the patriots, jeanne is going to be nice enough to serve those beer os to all the senate and they'll start buying them and it will help jobs in new york. >> that's great. we'll focus on jobs by buying beer is what you're saying. senators, the lines are changing. are you giving the humble senator from new york by your side any points in this? >> no, of course not. you know, we see this as an opportunity to get even for 2007 and also to bring the trophy back for the kraft family. as you know, bob kraft, one of the nicest men in football lost his wife myra in the last year, and so the patriots have been playing for her all season, and this is a chance to bring that super bowl trophy home, to recognize myra and the kraft family. >> that love for the perfect season. the "new york post" is saying this right now. it's about gisele, tom brady's wife saying, please pray for my husband leading the pats on. they're saying not prayer for the pats, sena

big becoffee in michigan, walked into bigby coffee, in grand rapids and utica, let me stand there andith voters. their coffee is good, too. >> better than tim horton? >> tim horton's is good. these were very friendly coffee shop owners. a reporter's pal. >> that's it for "the daily rundown." see you tomorrow. eight days until the michigan primary. coming up, jansing and company. have a great day. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. [ kareem ] i was fascinated by balsa wood airplanes since i was a kid. [ mike ] i always wondered how did an airplane get in the air. at ge aviation, we build jet engines. we lift people up off the ground to 35 thousand feet. these en

we are very close to the marcellus and utica shales.ything works out like we would like it to, it would be late 2016 or early '17. >> they're an earning driver in the out years, right? i know that given your balance sheet and what you're able to do, unlike the other companies trying to do it, you actually can get this thing going and make a ton of money for people. >> we can do well. if we do it right, we can do well. >> natural gas is so low. is there a time that you've got to go back and just go and make long-term contracts with natural gas companies that are really hurting for capital right now? >> that's something that we're looking at for -- we produce a lot of power through natural gas as the fuel, and we're getting ready to build a very large plant that will burn 250 decatherms of fuel a day. that's a lot of gas. gas is low now. i don't believe it will stay this low for an extended period of time. so you've got to look at the volatility of the fuel mix for your customers. so hedging makes sense. >> speaking of hedging, tom, i loo

boston, new york city, bangor, all getting snow in the next >> elmira, utica, erie. have time to name them all. >> manhattan beach, my local beach as a child. >>> coming up, adele's big comeback. speaking out after the surgery that almost stole her signature voice for good. - hey, he went to jared. - that's a peerless diamond, the ideal ideal cut diamond. - jared has thousands of loose diamonds and hundreds of settings to create your own one-of-a kind ring. - you cryin'? - no. - jared the galleria of jewelry. ♪ [ female announcer ] the sun has always powered life. ♪ and now it powers our latest innovation to heat and cool your home more efficiently. ♪ introducing the world's only solar-powered home energy system, which saves you up to half off your heating and cooling bill. ♪ lennox. innovation never felt so good. have 46 grams of whole grains... mmmm. ...and a touch of sweetness. you'll be delighted to discover how good they taste. get your free sample of quaker oatmeal squares but not your wrinkles? neutrogena® rapid wrinkle repair. its retinol formula visibly redu

boston, new york city bangor all getting snow in the next >> elmira utica, erie.d to end her career. abc's nick watt has the story. ♪ we could have had it all ♪ >> reporter: she's up for six grammys this weekend. with a voice like that who needs back story. but adele's got one. it was so nearly a tragic tale of what might have been. 2009. this english girl from a broken home, a virtueal unknown. she bagged to awards. her followup album sold 17 worldwide. beyonce sights her as an influence. ♪ come on baby ♪ >> reporter: gwyneth covered her on "glee." ♪ i won't break you ♪ >> reporter: she writes what she sings. it's all real. >> we both need a good cry. we're listening to adele's "someone like you." and i want in. >> reporter: "saturday night live" knows it. a vocal cord hemorrhage. >> i had laser surgeries. >> what did they do? >> put a tube down your throat laser the hemorrhage. fix it. >> reporter: she wasn't allowed to talk for weeks. she loves a good chin wag. >> how did you communicate? >> by paper. i love to swear. you can't swear on apps. i found one. i sti

ohio could be better because of utica shale. every time you look at stocks, what the heck?hat stock break out like this? there is spending and strength to this country. republicans don't want to call it out because it's too positive for obama. obama doesn't want to call it out. he feels it's insensitive to the people who are unemployed. bernanke completely not calling it out because he's worried about taxes going up next year. >> is that what he's worried about? >> yes. he said it in the text. >> melissa, sending it to you and bob. >> everybody's focused on -- you're focused on tomorrow's story. >> let's forget about the incredible shrinking greek politicians. the greek politicians in hiding. you should see the names i've heard this morning about what's going on over there. nothing going on at the moment. but it's drage time. mario drage, having a press conference tomorrow. ostensibly they'll talk about interest rates. probably cut them later in march. maybe in the second quarter. the important point is, he'll be pressed on what he's going to do on greece. draghi could come

we have huge investments because of our locations with marcellus and utica shale. we have seen huge investments of almost $1 billion for steel companies there. a french company just put about $650 million into a steel mill between youngstown and gerard, ohio, and they make steel tubing for the oil and gas industry. so we have thousands of building trades working in youngstown and you go a few miles away and the other building trades can't find work. it's really a tale of two cities. but my point is and why i get so adamant about the investments in the sciences and in the health is because i'm seeing in akron and in youngstown what these investments lead to. they lead to job creation at the end of the day. and when we pull back those investments, businesses don't thrive, businesses don't partner with them and we have no new economy. and we're getting stucked talking about tweezers when we should be talking about high-end battery manufacturing and how that can be done in the united states. and in places like youngstown and the old steel belt, if we had a tax policy t

we're back in the business thanks to the shale oil finds and it's the utica shale, natural gas but also oil. what they call wet gas which is very valuable. by tell you having spent lot of the time in eastern ohio over the last several days, people are really excited about this. it's bringing back good pailg jobs, allowing 0 people to stay in these communities and have not just a living gauge but real hope for the future and it will also have an effect on our gas prices. we have an opportunity before things get worse to come up with a different solution, a sensible national energy policy that stops our dangerous dependence on foreign oil and leads to prices that we can afford at the pump. mrs. hutchison: i want to say to the senator from ohio that i am very pleased that ohio is getting back into the drilling business. that's creating jobs if a state that i know has had high unemployment. and it's just so clearly in america's best interests to have our people working, and of course the keystone pipeline which our colleague from north dakota is going to talk about in just a few minutes, is