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Commentary: Could falling oil prices spark a financial crisis?

Green Car Congress

When oil prices were high and production was relentlessly climbing, energy related junk bonds looked highly profitable. The situation will compound itself if oil prices stay low. Moody’s Investors Service downgraded the oil and gas sector on November 25 to a “negative” outlook because of falling oil prices.

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DOE awards $34M to 19 projects to advance clean hydrogen

Green Car Congress

Additionally, the awardee intends to perform a high-fidelity techno-economic analysis and life-cycle analysis to develop a technology commercialization plan, which would involve obtaining an accurate price estimate for the high-purity oxygen for related biomass gasification.

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Opinion: Busting The “Canadian Bakken” Myth

Green Car Congress

The financial pages of Canadian newspapers have been full of headlines lately announcing the potential of two large shale oil fields in the Northwest Territories said to contain enough oil to rival the Bakken Formation of North Dakota and Montana. enthused the Financial Post. WTI crude closed at $59.13 on Friday, June 5 th.

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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

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. Brigham has drilled 88 consecutive producing North Dakota wells, with an average early 24 hour peak production rate of approximately 2,800 boe per day.

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

Tony Karrer Delicious EVdriven

Price and consumption awareness leads to a conservation effect," Schurr said. 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. Look at the T.

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