RE:Flaring regulationsI dont think that this flaring declaration on public lands will actually do any damage.
The reason flaring happens is because oil and gas need to be seperated out f a primary oil well and if there is no pipeline to take the gas then what will they do, either shut the well off or somehow store the gas. That brings up safety issues of why they flare gas, most of the time you get serious surges of gas in an oil well and the safety seperator tank needs to vent this to the flarestack.
Also it is only a rule for methane and methane is usable gas, hydrogen sulfide gas is poison and will be allowed to flare if it is the predominent gas that is being seperated from the oil.
Also when a well is being tested for flow rate when new, it will probably be exempt from the rules too since there would obviously be no pipeline built to a well that isn't proven to merit a pipeline.
Therefore I would say that we will not see an even bigger glut of NG from anti flaring rules on public land, there is still a lot of private land to drill and flare on to keep the glut high.
NG is going down in price but for other reasons mainly.