Too bad we can’t flare anymore. Paying someone to take our gas is crazy.
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Maintenance on pipelines exporting out of Permian caused the problem. It has been fixed.
It only means NG sold to Europe has a profit margin of infinitive - more than enough to offset the flaring/negative price. LOL
Flaring should not be allowed at all. Force producers to do something with the gas. If it's ki----g the economics, then plug and abandon the well or shut it in until the gas can be used.
That is the reason that all were flaring the last two weeks.Interesting!