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$1 Billion of Natural Gas Wasted in North Dakota through Flaring in 2012

Flaring is a problem in the US fracking industry, especially in North Dakota, but the true extent of that problem has not been fully understood until the release of a recent report which suggests as much as $1 billion of natural gas was wasted in North Dakota last year due to flaring activities.Energy companies are more interested in the oil produced by fracking, due to the far higher price it fetches on the market compared to natural gas, so few are willing to invest in the necessary technology and infrastructure to capture the natural gas and…

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via OilPrice.com Daily News Update http://oilprice.com/Energy/Natural-Gas/1-Billion-of-Natural-Gas-Wasted-in-North-Dakota-through-Flaring-in-2012.html

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