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Norways Statoil to acquire Brigham Exploration for US$4.4B cash; entry into the US Bakken and Three Forks tight oil plays

Green Car Congress

The tight oil is extracted in the same way as shale gas, through horizontal wells and hydraulic fracturing. Brigham, based in Austin, Texas, has a strong position in the Bakken and Three Forks tight oil plays in the Williston Basin in North Dakota and Montana. Click to enlarge. per share through an all-cash tender offer.

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Smart-grid project matches wind to electric cars | Green Tech - CNET News

Tony Karrer Delicious EVdriven

After a brief reprieve gas is inching back up. If all gasoline cars, trucks, and SUVs instead had plug-in electric drive trains, the amount of electricity needed to replace gasoline is about equal to the estimated wind energy potential of the state of North Dakota. per barrel. Look at the T. Video Web 2.0

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