Hidden beneath the Rockies lies a big oil field! 2 trillion barrels
More oil than the whole Middle East
Let us say it is true. How come everyone is not running to exploit it, like they exploit any other economic and financial benefit?
The other aspect is how much energy, and at what cost, is it going to take to heat the oil shale up and extract the oil.
I suggest conserving resources; we should use renewable energy, such as Solar and Wind energy etc. to heat up the shale.
Another issue is they are waiting for oil to reach $200 per barrel so the government can reduce the deficit and outstanding loans.
I hope that is the truth and that there are no hidden agendas.
Technological hurdles to extract oil from shale
"Despite all the attempts to develop a shale oil industry in the Experts with field experience who are bullish on the prospects for
There are a number of problems yet to be solved before
For example, there are questions of air quality regarding domestic oil shale operations. How badly would these operations pollute the air? Would the levels be acceptable? The Oil Companies are not sure.
There are questions of water availability. During the extraction process, how much water would be required?
Experts are not sure. An early "guess" is two to three barrels of water per barrel of shale. This could be a conservative estimate. Either way, will the massive amounts of water necessary for heavy-duty shale extraction even be available in the first place, given that the Colorado River Basin is already running low?
You also need to account for the environmental and ecological damage and restoration to pre-drilling condition.
Could you imagine we could have the largest oil reserve in the world – if we find an economical way to extract the oil, we will be energy independent, we will have a huge economic boom, increase employment with funds staying in our country, we can inform the countries that are currently supplying us with oil that we do not need them and that they cannot blackmail us anymore or threaten us with economic doom.
American technology and knowhow will find the answer – all you have to do is wave the dollar bill in front of corporate America
YJ Draiman
January 31, 2008 at 4:48 am | The energy non-crises
The following are small excerpts from chapters in Mr. Willims book ‘The Energy Non-Crisis’
CHAPTER 1 – The Great Oil Deception … There is no true energy crisis. There never has been an energy crisis . . . except as it has been produced by the Federal government for the purpose of controlling the American people. …
CHAPTER 3 – Shut Down That Pipeline … My friend answered, “Well, Brother Lindsey, that’s one of the major cross-country pipelines carrying crude oil from the West to the East.” “Ah,” I answered, “That’s rather interesting. I’ve heard there’s a possibility of an energy crisis. I’m sure glad those pumps are running full speed ahead.” … That was in 1972. You will remember that 1973 was the first time we were told there was really an energy crisis. The East Coast was used as a test for that energy crisis, and there were long lines of people waiting, burning fuel while they waited in line for gas they couldn’t get. … Well, the man finally recognized that I was getting a little bit indignant and he said, “well, mister, if you really want to know the truth, the truth is the Federal government has ordered us to close this pipeline down.” The old Westerner went on and told how he stood up to the boss man, “Why man, I can hardly believe that. After all, we’ve got an energy crisis.” The boss man answered him, “Sir, we’re closing it down because we’ve been ordered to.” …
CHAPTER 4 – An Important Visit by Senator Hugh Chance … What followed included some of the most astonishing answers I have ever heard in my life.