With an estimated 500 trillion feet of natural gas, the Marcellus Shale, running under much of Pennsylvania and New York state, represents a huge opportunity for energy companies. While Range Resources and Cabot Oil & Gas were among the first companies to start operations in the region, natural gas giants like Chesapeake Energy quickly moved in as well, creating jobs as well as questions about the true environmental impact. In Under the Surface: Fracking, Fortunes, and the Fate of the Marcellus Shale, author Tom Wilber investigates everything from the initial land rush to the innovations in drilling technology. In this audio segment, he discusses the varying degrees of disclosure among the energy companies and analyzes where he believes the future of the natural gas revolution is going.
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At the time this article was published Chris Hill owns no shares of any of the companies mentioned. The Motley Fool owns shares of Chesapeake Energy. Motley Fool newsletter services have recommended buying shares of Range Resources and Chesapeake Energy. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days. The Motley Fool has a disclosure policy.
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