Natural Gas Price Prediction – Rising Prices Shaping Bear Flag Pattern – .

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Natural Gas Price Prediction – Rising Prices Shaping Bear Flag Pattern – .


Enhanced wellhead capture

According to the EIA, the rate of flaring natural gas, which is natural gas burned at the production site’s wellhead rather than captured, has declined in North Dakota. The average no-catch rate was 7.5% this year through September. This drop in natural gas flaring has led producers to capture 92.5% of the natural gas produced, which meets the state’s objective of capturing 91% of the natural gas produced in the state.

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