Oil Shale–the Answer to America’s Peak Oil Challenge

Below is an article from the Oil & Gas Journal published in 2004.   The article concludes:

“The size and richness of US oil Shale resources, combined with teh evidence of commercial viability analogous to Alberta tar sand, warrants a collaborative government-industry-public effort to commercialize this resource to augment US Petroleum supplies.  T

The amount of oil shale resource that could eventually be classified as proved reserves will depend on the demonstrated successuc of commercial operation and site-specific economics, but the end result could be hundreds of billions of barrels of oil that America would not need to import.

The impending need for petroleum supplies and the ultimate potential for oil shale to deliver ‘available, affordable, and environmentally sound’ fuels called for by the National Energy Policy is too great to ignore.”

The report is available here

 

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