Good Morning All
As speculated, this play is slowing evolving around two ket issue's.
1) Getting past the moratorium
2) Lack of infrastructure
As the link below will show --some in the Senate are still fighting the hydrofracing issue tooth and nail. With enviromentalist and nimby's voicing disent on moving foward some Senator's are cowtowing to their concerns with no factual basis to support their argument.
http://www.auburnpub.com/articles/2010/ ... news01.txt
Some experts are predicting that 200-300 wells could bring the current Millenium pipeline to full capacity. This play currently has more gas that transportation systems will allow. A theory that some major gas suppliers from different shale plays will cease sending gas to the northeast because logistically they cannot compete with local markets, the problem still exists. One of our members reminds me of this senario and the fact that the Dominion & Tennesee Pipelines exist in NYS still doesnt address the problem that lurk's once production is in full swing.