Toby Rice, the CEO of America's largest natural gas producer, on America's strangled natural gas potential
On this week's Power Hour Alex Epstein interviews Toby Rice, the CEO of EQT, America's largest natural gas producer, about the causes of and solutions to the world's natural gas crisis.
The takeaway: The US could alleviate most of this crisis--if not for anti-gas-infrastructure policies.
"We really want to be a solution here," says Rice. "Unfortunately, we're just out of infrastructure. And so we have the biggest gas resource in the world here in Appalachia, and EQT could do so much more, but without the infrastructure, there's not much we can do..."
Rice says what is needed to unleash natural gas's potential is liberating infrastructure development: "we're not asking for the checkbook to help us become more successful." "All we're saying that we need to unleash US shale is pipeline infrastructure and LNG facilities."