BLM Oil Shale

By Oil & Gas Financial Journal

The Ministry of Energy and Mineral Resources of the Hashemite Kingdom of Jordan signed a deal with Canada’s Global Oil Shale Holdings Ltd. (GOSH) to study the economic feasibility of an oil shale project Jordan.

GOSH is an oil shale exploration and development company focused on the Hashemite Kingdom of Jordan. On September 17, the company’s general manager, David Argile, signed a 24-month Memorandum of Understanding with Energy Minister Alaa Batayneh granting an estimated 250 square kilometer area for study in GOSH’s main focus areas, Attarat Umm Ghudran and Isfir Al Mahatta in the central and southern regions of the country.

Do you want to have a major impact on US energy policy?  Simply have an NGO,  acting in the “public interest”,  sue the USG government  and obtain a settlement which is not subject to the procedural safeguards of the Administrative Procedure Act  nor OMB review under Executive Order 12886.

CRE finds it  incomprehensible that oil shale offers the United States the potential to extract over 1.5 trillion barrels of oil, an amount about equal to the entire world’s proven oil reserves, yet BLM has drastically shifted its policy position to one  which will prohibit the development of this vital resource.. This is especially troubling in that the 2008 PEIS BLM specifically outlined two additional steps of environmental analysis that would need to be completed before any oil could be commercially extracted.  CRE recommends the following:

Mike Wereschagin,

The Pittsburgh Tribune-Review

In a booming economy, even oil and water can mix.

Chris Duell left his Detroit home at the age of 30 to start a water filtration business in this isolated town just north of the Missouri River.

It was 2008, and more than a mile below the quiet region near the Montana border, dozens of drill bits turned horizontally to burrow into the Bakken shale formation.

The horizontal drilling and hydraulic fracturing technology that ignited the Marcellus shale natural gas boom cracked open one of the largest oil fields in the United States. By this spring, barely four years after Williston’s boom began in earnest, North Dakota produced more oil than Alaska.