Texas natural gas

In the Permian Basin in Texas oil production is booming and this means higher production of natural gas. While in some places around the world natural gas reserves are low, in Texas there is a glut to the point where the price went below zero. Companies were paying for customers to take the excess gas off their hands. Some companies however decided just to burn off the gas and this creates problems with the environment and the states should step in and force these companies to stop the burn off. This glut will likely continue until a pipeline now under construction is completed in October of 2019 but some fear that regulatory disputes may delay completion. That gas will then be available for shipments around the world including places like China that could replace their coal power plants with natural gas.