Environmentalists
and the fracking and oil production industry have never been the best of
bedfellows. Several environmental groups and many activists have warned about
the dangers of fracking. And to a certain extent, those warnings were
appropriate, considering the large amounts of natural gas that have been burned
off during oil production – an effect known as gas flaring.
Gas flaring has been
a real problem, and even a hazard not just to the environment but also to
workers on the drilling site. The EPA has recently implemented a new regulation
curbing the amount of gas flaring that should occur on fracking sites. That EPA
regulation may actually provide an opportunity for companies such as Well
Power, Inc. (OTCQB: WPWR) to jump into the breach and help these oil companies
continue to frack for oil and decrease American’s dependence on oil from
foreign nations.
Well Power, Inc. has
access to technology that captures the waste gas and converts it into usable
natural gas fuel and by-products as an alternative to the gas flaring that
wastes billions of cubic meters of gas every year. The mobile units are
expected to be relatively affordable and will not only help fracking sites be
safer from an environmental and public-health standpoint, but will also make
the sites more efficient and productive by greatly reducing the amount of gas
waste that is flared off and increasing the amount of usable natural gas that
comes from a site. Increasing the volume of clean natural gas as well as the
amount of oil that is produced continues to drive down costs to consumers,
makes the sites more efficient and will ultimately save oil companies money in
overhead and development costs. At the same time, the gas-capture is better for
the environment and health of all workers while continuing to improve a
country’s energy independence.
For more
information, visit www.wellpowerinc.com
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