2 What is EZ-Blockchain? How does the EZ-Blockchain helps reduce natural gas flaring?
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The extraction of shale gas in a safe and responsible way has been a long-standing priority in the oil and gas industry. The methane in natural gas can poison ground water, and when released into the atmosphere retains 86 times the heat of CO2 emissions. As a result, fracking practices have come under recent pressure from governments and the public. Fracking, or hydraulic fracturing, permits faster extraction of shale gas. Despite its efficiency and growing popularity in the oil and gas industry these last 10 years, the swelling volume of unusable natural gas (and venting and flaring of that gas) has generated public concern.