Henry A. Waxman provided his opening statement.
07/09/2012
https://congress.gov...
I still believe the subcommittee should hold a hearing to get the facts regarding flaring, and to develop real solutions to the problem.
The flaring of a valuable and finite natural resource is nothing less than a market failure.
The wasteful and unnecessary flaring of natural gas is a serious problem. It has no place in a modern energy infrastructure.
If it is profitable to capture the natural gas, rather than flare it, why aren't more companies doing it?