Headline: North Dakota delays plan to limit natural gas flaring
Story:
- North Dakota regulators approve an industry-backed proposal to delay further cuts to associated gas flaring by 10 months while also easing more long-range flaring reduction targets
- Gov. Dalrymple and the two other members of the North Dakota Industrial Commission voted to change the date when companies must capture 85% of natural gas produced from their wells to November 1, 2016
- The regulators agreed with industry arguments that the delays and revisions were needed because of the lack of new gas capture and pipeline infrastructure, which have been delayed for a variety of reasons, including low oil and gas prices, right-of-way disputes and pad size limitations.
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Very, Very Interesting
Ford, I Think, Can Take Credit For Getting This Ball Rolling
Seeking Alpha is reporting:
Alcoa says it has completed a $300M expansion project in Tennessee that will provide aluminum sheet to automakers, its second major automotive expansion in less than two years as it continues to see strong long-term customer demand.
The amount of aluminum body sheet content in North American vehicles is expected to grow by 3x from 2012 to 2015 and increase 11x by 2025 from 2012, and Alcoa estimates it will grow its automotive sheet revenue ~6x to $1.3B in 2018 from $229M in 2013.
Alcoa previously completed a $300M automotive expansion at its Davenport, Iowa, facility in January 2014.
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