Forbes: The Mind-Boggling Statistics Around Wasted Natural Gas

Oil drillers and landfill operators regularly admit that they know the natural gas they discover in oil deposits or generate as part of their operations has tremendous value. The problem has been a paucity of economical options to exploit it.

Still, the sheer volume of gas that gets flared or emitted into the atmosphere t remains truly astounding. A potential source of profits and jobs is literally transformed in bulk into an environmental hazard and potential liability around the clock. It’s as if a major source of particulate matter was ashes from dollar bills.

Some fun facts from recent reports: Since the beginning of 2010, more than 31% of the natural gas in the Bakken region has been burned off or flared. It was worth an estimated $1.4 billion.
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