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Reproduced from EIA; Chart: Axios Visuals

The amount of natural gas released or burned at oil-and-gas wells reached a record high in 2019 due to growth in Texas and North Dakota, per Energy Information Administration data.

Why it matters: Venting directly releases the highly potent planet-warming gas methane, while flaring (or burning) produces CO2 emissions and also allows some methane escape.

What we're watching: The incoming Biden administration has vowed to crack down on the practice, while a number of oil-and-gas companies have also pledged to improve performance.

Go deeper

After a banner 2020, cleantech poised to accelerate under Biden

Data: FactSet; Note: XOP is an exchange-traded fund (ETF) of U.S.-based oil and gas stocks. ICLN is an ETF of global clean energy stocks. Chart: Axios Visuals

After booming in 2020, stocks of clean-energy companies are poised to keep going up with President Biden pushing policies favorable to their bottom lines.

Where it stands: Cleantech stocks have blown past their last high in the mid-2000’s, which burst in the 2008 financial crisis. Not so far this time despite the pandemic crushing economies everywhere — and the oil industry.

Mike Allen, author of AM
Jan 21, 2021 - Politics & Policy

Biden-Harris, Day 1: What mattered most

President Joe Biden and first lady Dr. Jill Biden arrive at the North Portico of the White House. Photo: Alex Brandon-Pool/Getty Images

The Axios experts help you sort significance from symbolism. Here are the six Day 1 actions by President Biden that matter most.

Driving the news: Today, on his first full day, Biden translates his promise of a stronger federal response to the pandemic into action — starting with 10 executive orders and other directives, Caitlin Owens writes.

Oath Keepers leader denied bail on Capitol riot sedition charge

Oath Keepers co-founder Elmer Stewart Rhodes. Photo: Susan Walsh/AP

A federal judge ordered Oath Keepers leader Stewart Rhodes to remain jailed Wednesday until trial on charges stemming from the Capitol riot.

U.S. Magistrate Judge Kimberly Priest Johnson e in the t figure charged in the Jan. 6, 2021, insurrection had access to weapons and his alleged "continued advocacy for violence against the federal government" gave credence to prosecutors' view that, if released, Rhodes could endanger others.

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