{"id":44425,"date":"2013-11-21T05:39:15","date_gmt":"2013-11-21T10:39:15","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=44425"},"modified":"2013-11-21T05:39:15","modified_gmt":"2013-11-21T10:39:15","slug":"turning-waste-into-profits","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/11\/21\/turning-waste-into-profits\/","title":{"rendered":"Turning Waste into Profits"},"content":{"rendered":"

By WallStreetDaily.com<\/u><\/a> <\/p>\n

When companies drill for shale oil, they encounter large quantities of natural gas – but not enough to be commercially viable.<\/p>\n

As a result, the gas ends up being flared, or burned – and the environment bears the burden.<\/p>\n

In North Dakota, for instance, the night sky is lit up by flaring as companies look to discard the gas from the Bakken shale formation.<\/p>\n

But as you’re about to find out, as these companies burn off this extra natural gas, they’re also throwing away massive<\/em> profits. And one company in particular has the solution…<\/p>\n

Backed into a Corner<\/strong><\/p>\n

North Dakota is now on the verge of enacting regulations that will force producers to cut flaring significantly in the coming years. Right now, more than 30% of the gas produced is flared. The state wants that number down to 5% to 10% in the next few years.<\/p>\n

It’s not just North Dakota, either. When I met with the Energy Commissioner in Alaska earlier this year, he told me that dealing with the environmental consequences of natural gas flaring was a top priority.<\/p>\n

That means companies need to figure out what to do with the gas. But coming up with an alternative isn’t easy.<\/p>\n

The options are limited and expensive. Companies can store the gas and then transport it – or they can hook it up to a pipeline if there’s one close by.<\/p>\n

However, both options are much more expensive than flaring.<\/p>\n

There is another solution, however – one that could lead to a profit boost for shale companies… and investors.<\/p>\n

Click here to continue reading<\/a>…<\/strong><\/p>\n

The post Turning Waste into Profits<\/a> appeared first on Wall Street Daily<\/a>.<\/p>\n

Article By WallStreetDaily.com<\/u><\/a><\/p>\n

Original Article: Turning Waste into Profits<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By WallStreetDaily.com When companies drill for shale oil, they encounter large quantities of natural gas – but not enough to be commercially viable. As a result, the gas ends up being flared, or burned – and the environment bears the burden. In North Dakota, for instance, the night sky is lit up by flaring as … <\/p>\n

Continue reading “Turning Waste into Profits”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-44425","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/44425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=44425"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/44425\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=44425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=44425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=44425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}