Shocking, yes. But natural gas has almost no value. Oil & gas companies sometimes PAY big customers to take it from them. In this distorted world view, flaring gas (burning it) makes sense. Worse yet is when they don't both to burn it, and simply vent methane unburned.https://twitter.com/ProfStrachan/status/1247989855545630721 …
Gas utilities make their money as return-on-equity invested in pipes. They provide the gas to customers at cost. Thus, gas utilities make no money by selling gas. They make their money only by investing in the pipes needed to deliver the gas.
