Economic Analysis

First Article

The first article taken is on “Over one-third of natural gas produced in North Dakota is flared or otherwise not marketed” by US Energy Information Administration. The natural gas production in the year 2005 has doubled, due to an increase in associated natural gas in Bakken Shale formation. The gas production averaged approximately 485 million cubic feet per day in 2001.

However, the gas pipelines and processing capacity in the region is very limited. It is 35% over the North Dakota's natural gas production up till 2011. This production of gas is not marketed yet, and people do not have ...