Oil producers in the Bakken Shale of North Dakota have a major problem on their hands: They can't seem to get flaring under control despite their best efforts. There are some plans in the works that could help monetize the gas and hopefully bring flaring down from its recent high of 45% of all gas produced, but they aren't expected to come online for more than three years.

That is exactly why Capstone Turbine (NASDAQ:CPST) and General Electric (NYSE:GE) should focus some attention to this region; they both have options that could solve this problem much faster.

Also, with both companies having solid ties in the region -- Capstone with leading driller Hess (NYSE:HES) and GE with Statoil (NYSE:STO)-- there are some solid relationships to build out a footprint there. Find out why North Dakota gas flaring is still running rampant and why Capstone's microturbines and GE's CNG in a Box stations could be a quick fix solution.

Did GE Make Our List of Top Dividend Stocks?
One of the dirty secrets that few finance professionals will openly admit is the fact that dividend stocks as a group handily outperform their non-dividend-paying brethren. The reasons for this are too numerous to list here, but you can rest assured that it's true. However, knowing this is only half the battle. The other half is identifying which dividend stocks in particular are the best. With this in mind, our top analysts put together a free list of nine high-yielding stocks that should be in every income investor's portfolio. Find out if GE's 3.5% dividend made out list of stocks instantly and for free, all you have to do is click here now.

Tyler Crowe has no position in any stocks mentioned.You can follow him at Fool.com under the handle TMFDirtyBird, on Google +, or on Twitter @TylerCroweFool.

The Motley Fool recommends Statoil (ADR) and owns shares of General Electric. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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