Random CNBC Story On Flaring

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Some pipeline builders have sensed an opportunity. Earlier this month, Energy Transfer Equity agreed to buy PVR Partners for $3.8 billion, while Crestwood Midstream announced a $750 million deal to buy privately held Arrow Midstream Holdings. Crestwood will become one of the biggest processors in the Bakken after the deal.

Hess plans to spend more than $300 million to double its processing plant in Tioga. N.D.; Alliance Pipeline is building a $141 million 79-mile extension that will carry natural gas from the Bakken to its larger interstate pipeline from Alberta.