Well Power, Inc. (WPWR) Looks to Minimize Natural Gas Waste with New Technology
With an estimated 61% of homes throughout the country using natural gas as a fuel for heating or cooking efforts, according to the Energy Information Administration, the high degree of global natural gas waste is an increasingly concerning statistic. Through gas flaring practices associated with petroleum refining processes and industrial plants, Well Power, Inc. (OTCQB: WPWR) estimates that roughly the equivalent of the total amount of natural gas consumed annually for residential purposes throughout the United States is wasted. In other terms, five percent of total global gas production is lost as a result of outdated production and industrial practices.…