I know that there is a saying in oil drilling. The bad news is that we did not hit oil. The good news is that we did not hit gas either. For oil drillers, gas often is a nuisance. And it’s hard to use but especially in a well-developed environment such as the US, that should not be a problem. Natural Gas is a resource and it should be put to good use.
Texas's oil regulator took action to reduce routine natural gas flaring but its efforts fall short of more aggressive measures requested by some investors and major producers.