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Posted October 20, 2014Today in Energy

North Dakota aims to reduce natural gas flaring ›

About one-third of the natural gas North Dakota has produced in recent years has been flared rather than sold to customers or consumed on-site. In an effort to reduce the amount of natural gas flared, North Dakota's Industrial Commission (NDIC) established targets that decrease flared gas to 10% by 2020. More


Source: EIA, based North Dakota Industrial Commission

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WTI crude oil futures price

10/16/2014: $82.70/bbl

down$3.07 from week earlier
down$19.59 from year earlier

Natural gas futures price

10/16/2014: $3.796/mmBtu

down$0.049 from week earlier
up$0.027 from year earlier

Weekly coal production

10/11/2014: 19.234 million tons

up0.670 million tons from week earlier
up1.256 million tons from year earlier

Natural gas inventories

10/10/2014: 3,299 Bcf

up94 Bcf from week earlier
down344 Bcf from year earlier

Crude oil inventories

10/10/2014: 370.6 mmbbl

up8.9 mmbbl from week earlier
down4.0 mmbbl from year earlier

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