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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. In the Bakken formation, the oil is extracted from tight carbonate. In the Three Forks formation the oil is extracted from tight dolomite. Historical activity in the Williston Basin.

Oil 199
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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

Cantwell said that cap-and-trade had been discredited by the Wall Street crisis, the Enron scandal and the rocky start to a carbon credits trading system in Europe that has been subject to dizzying price fluctuations and widespread fraud. The first auction for allowances was held on September 25, 2008. Senators Lindsey Graham (R-S.C.),

Gas 244