Whither Gas?

I'll try and stir up some controversy now that I'm back up and posting. I read on another blog that one of the jillion gas outfits in FW is planning on drilling practically in downtown. Maybe it's Chesapeake, I forget and I don't want to go seek out the reference, but the plans are to drill right behind (like 100 feet) the old T&P Warehouse on Lancaster. While I'm aware of all the benefits gas drilling and its associated revenue will do for the city, isn't this a bit risky? If we've mastered the art of horizontal drilling, why so close to downtown? I jes don wan no splosions. Pro/Con? What about all the schoolyard drillin'? Just primin' the pump.