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Record $86B in 2011 US oil and gas upstream deals, led by unconventional sector with $62B

Green Car Congress

United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. Values of US upstream M&A oil and gas M&A deals, 2006-2011. —Ronyld W. Wise, President of PLS.

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Electric vehicles are inflation relief

Electric Auto Association

has been experiencing severe inflation and high gas prices. Inflation is also translating into higher prices for investments, commodities, and particularly transportation. EV’s may be the answer Electric vehicles (EVs) are becoming increasingly popular as gas prices continue to rise. It's no secret that the U.S.

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$67 Oil Has All The Majors Converging in Argentina

Green Car Congress

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. per million Btu (MMBtu).

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Pike Research forecasts US plug-in vehicle penetration rates to be highest in smaller states

Green Car Congress

Hawaii, which typically has among the highest gas prices in the nation, will be the top state, with PEVs representing 6.3% of total light-duty vehicle sales in 2017. Pacific Gas & Electric (California). Scores ranged from 4.36, for Northern California, to 0.07 (effectively, a negative overall opinion) in North Dakota (1.0

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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. The project was approved by the NEB in 2010. But with U.S.

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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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