Don writes, "Folks, there should be solid rock in the streambed under my feet. It's anything but solid." He describes the creek bed: "I found sediment several feet deep that shakes like pudding."
More on this story HERE.
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In current market terms, 140 bcm of gas would be worth over $100 billion in barrels of oil equivalent.
Despite massive oil and gas reserves, many top flaring countries suffer from chronic power shortages and stagnating gas export volumes which experts say could be addressed if they used the gas instead of burning it.
If this waste were to take place within the European Union's carbon emissions trading scheme, the flaring would cost some 2.5 billion euros ($3.30 billion) at current market value of 7 euros per metric ton of CO2.
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