The CEO of the largest natural gas driller/producer in the U.S., EQT’s Toby Rice, is currently attending the Atlantic Conference in Abu Dhabi, the capital of the United Arab Emirates. He spoke with Bloomberg reporters about what he sees ahead for U.S. natural gas production coming this year and, more broadly, about the problems he sees in general. Rice said, “The gas markets in the US are broken.” Why? Lack of pipeline infrastructure and the inability to build new ones.
The CEO of the largest natural gas driller/producer in the U.S., EQT’s Toby Rice, is currently attending the Atlantic Conference in Abu Dhabi, the capital of the United Arab Emirates. He spoke with Bloomberg reporters about what he sees ahead for U.S. natural gas production coming this year and, more broadly, about the problems he sees in general. Rice said, “The gas markets in the US are broken.” Why? Lack of pipeline infrastructure and the inability to build new ones.