Question-and-Answer Session
Operator
(Operator Instructions) Your first call comes from Michael Hall - Stifel Nicolaus.
Michael Hall - Stifel Nicolaus & Company
Can you give a little extra color as to where exactly the rigs are being drilled?
Steve Dixon
We will not kind of give you the exact number of rigs but we will tell you that we are continuing to ramp up in the Haynesville and also in the Marcellus. Steady as it goes in the Fayetteville, maybe add a couple in there. We will be dropping rigs in Oklahoma and East Texas that are not Haynesville related and South Texas and finally Permian.
Michael Hall - Stifel Nicolaus & Company
And then one more, in terms of thinking about the macro, the natural gas macro, what keeps you up at night? Is it supply or demand that concerns you most?
Steve Dixon
Oh, I think, supply. We are pretty comfortable that demand will continue to grow overtime and I think that we need to accelerate that demand and as a company, we are doing everything that we can to do that. It is a little frustrating to be producing a product that is clearly superior to foreign oil as a transportation fuel and for the country to be a little bit slow to recognize that. But given that the relative price is half and it is about 90% cleaner and when consumed in America, creates American jobs. We think that it is a pretty compelling story and we are out there telling it. I hope other producers will join with us. So, we think that can accelerate growth of gas demand going forward.
Clearly, I think we are headed towards a time of some kind of carbon constraint in years ahead. I think that will on a relative basis hurt coal and help natural gas. And finally, there are moves afoot to try and see if there are export markets or export avenues from North America for natural gas via LNG turning in to the world market which of course, as everybody knows, is generally two to two and half times better than American gas prices right now. So, we think the industry has cracked the code on how to increase supply very quickly and it has proven this year for the industry to ramp up supply than for the rest of the country to ramp up demand. But in time, I suspect that we will get back in balance.
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