An interesting read...
Jun 10, 2008 | 03:53 PM
#1
An interesting read...
The politics of oil shale
Fortune talks to Sens. Orrin Hatch and Wayne Allard about the roadblocks to oil shale production.
By Jon Birger, senior writer
NEW YORK (Fortune) -- You'd think this would be oil shale's moment.
You'd think with gas prices topping $4 and consumers crying uncle, Congress would be moving fast to spur development of a domestic oil resource so vast - 800 billion barrels of recoverable oil shale in Colorado, Utah and Wyoming alone - it could eventually rival the oil fields of Saudi Arabia.
You'd think politicians would be tripping over themselves to arrange photo-ops with Harold Vinegar (whom I profiled in Fortune last November), the brilliant, Brooklyn-born chief scientist at Royal Dutch Shell whose research cracked the code on how to efficiently and cleanly convert oil shale - a rock-like fossil fuel known to geologists as kerogen - into light crude oil.
You'd think all of this, but you'd be wrong..... (link to rest below)
http://money.cnn.com/2008/06/06/news...ion=2008060617
Fortune talks to Sens. Orrin Hatch and Wayne Allard about the roadblocks to oil shale production.
By Jon Birger, senior writer
NEW YORK (Fortune) -- You'd think this would be oil shale's moment.
You'd think with gas prices topping $4 and consumers crying uncle, Congress would be moving fast to spur development of a domestic oil resource so vast - 800 billion barrels of recoverable oil shale in Colorado, Utah and Wyoming alone - it could eventually rival the oil fields of Saudi Arabia.
You'd think politicians would be tripping over themselves to arrange photo-ops with Harold Vinegar (whom I profiled in Fortune last November), the brilliant, Brooklyn-born chief scientist at Royal Dutch Shell whose research cracked the code on how to efficiently and cleanly convert oil shale - a rock-like fossil fuel known to geologists as kerogen - into light crude oil.
You'd think all of this, but you'd be wrong..... (link to rest below)
http://money.cnn.com/2008/06/06/news...ion=2008060617
Jun 10, 2008 | 03:59 PM
#2
You'd think with gas prices topping $4 and consumers crying uncle, Congress would be moving fast to spur development of a domestic oil resource so vast - 800 billion barrels of recoverable oil shale in Colorado, Utah and Wyoming alone - it could eventually rival the oil fields of Saudi Arabia.
Jun 10, 2008 | 04:26 PM
#3
The bolded words above is probably one of the main reasons nothing has happened with oil.... Those states are sooooo protective of the enviroment, trust me, my GF is from colorado, she freaked out when I was with a buddy and his tranny line split and spilled tranny fluid all down the road "Your polluting the earth...."
That's great! When I was stationed in Bremerton, WA it was like that. LMAO sigh
Jun 10, 2008 | 04:30 PM
#5
Yep my GF is a huge Tree Hugger.....
Jun 10, 2008 | 11:45 PM
#7
one day i will go off the grid. screw this crap.
