The Bush administration on Monday cleared the way for tens of thousands of acres in Colorado, Utah, and Wyoming to be used for oil-shale development, publishing final rules governing how federal land will be leased for extraction of the expensive, pollute-y, only recently un-banned fuel source. Companies tapping into oil shale will have to pay far less in royalties than the going rate for conventional gas and oil. Still, commercial oil-shale leasing is at least five to 10 years off.
source: The Salt Lake Tribune, Denver Business Journal, Associated Press
see also, in Gristmill: It’s a 1980 flashback, as energy price spikes make oil shale economical once again
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lintonhale Posted 3:17 am
18 Nov 2008
Oil shale: the fuel of the future…and it always will be.
US News and World Report:
"Oil Shale Pushed as Domestic Oil Source, but Many Doubts Remain"
Energy Bulletin:
Articles re Shale Oil
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GlobalWarmingInc Posted 8:59 am
18 Nov 2008
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jestbill Posted 4:13 am
19 Nov 2008
In Colorado they're going to run out of water to extract the oil before any of it gets to your gasoline tank.
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