Well Power, Inc. (WPWR) Primed to Bring Fracking,
Post# of 77
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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