Natural Gas Rallies in Albany

A geological formation that was virtually unknown a few years ago is the cause of two opposing demonstrations in Albany this morning.

Environmental groups are rallying against a state plan to allow natural gas drilling in the Marcellus Shale, which extends across of much of upstate New York. They say the plan places water supplies, including New York City's reservoirs, in danger. Mayor Bloomberg is opposed.

Meanwhile, land owners who've signed gas leases will gather for their own counter-demonstration. They say a state environmental review that began in 2008 has gone on long enough, and it's time to start drilling.

The final word on drilling in New York rests with the Department of Environmental Conservation, which hasn't set a date for its final plan.