For some time now, the skepticism over the adoption of natural gas vehicles has by and large been directed at a lack of fueling infrastructure. That argument may quickly fade away as a surprising development comes to the Bakken Shale in North Dakota. The New York Times recently reported that General Electric (NYSE:GE) and Statoil (NYSE:STO) are teaming up to capture natural gas that would otherwise be flared and turn it into fuel for drilling equipment and other oilfield service vehicles. In this video, Fool.com contributors Aimee Duffy and Tyler Crowe discuss the experiment and the global implications of a successful project.
Fool contributors Aimee Duffy and Tyler Crowe have no position in any stocks mentioned. The Motley Fool recommends Statoil and owns shares of General Electric. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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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