Can you have too much a good thing? When it comes to natural gas, massive new supply development could alleviate energy price increases, reduce carbon dioxide emissions and enhance US energy security, but finding the right price to encourage development when a glut of gas is available remains a challenge for both producers and consumers.
Covering the quickly-evolving natural gas industry requires a broad range of knowledge, and Ballard Spahr LLP partner Dena Wiggins demonstrates an unusually comprehensive understanding of the sector’s opportunities and challenges in this Breaking Energy video interview. Breaking Energy spoke with Ballard Spahr attorneys at the US Association For Energy Economics conference in Washington, DC earlier this month.
Ballard Spahr was one of Breaking Energy’s Top Five choices; for more on our Top Five law firms click here.
The range of potential outcomes from the natural gas developments underway in the Marcellus and Utica shale are vast, and include potential increases in liquefied natural gas exports and even wider use of natural gas as a transportation fuel. One thing there is little doubt about is the need for the law to evolve, particularly at the state level, so that it can keep up with the huge changes in drilling and transportation.
“I’m concerned that there’s not enough infrastructure right now,” Wiggins told us in the interview, and navigating the relationship between the states and the Federal Energy Commission will be a vital part of boosting infrastructure – particularly in the area of pipelines, which are seeing tremendous shifts in gas flow patterns.