With their output shattering records, US oil producers are flaring an unprecedented amount of unwanted gas.
On this week's Platts Capitol Crude, Ali Oktay, a senior pricing specialist with S&P Global Platts, talks about why flaring is increasing in the Permian and Bakken and why midstream companies cannot keep pace with new gathering lines and processing plants.
Also, Matthew Todd, program director for The Environmental Partnership, an oil and gas industry initiative, talks about ongoing efforts to reduce emissions of methane and volatile organic compounds from oil and gas operations. And Colin Leyden, a senior manager with the Environmental Defense Fund, talks about why not nearly enough is being done to reduce flaring and why government regulatory efforts have fallen short.
S&P Global Platts Global Energy Awards Nomination deadline: September 9, 2019
The S&P Global Platts Global Energy Awards, now in its 21st year, recognizes top performers -- industry leaders and innovators just like you. The awards program offers 18 categories both for business and individual achievement. It's simple and free to nominate.For category details and to nominate: