Thursday, July 17, 2008

Oil shale to the rescue

Oil shale just might be this country's energy salvation.

The cost begins to make economic sense in an era of $145 a barrel for oil, researchers are coming up with technologies that just might alleviate the cost, and there is enough oil shale out there to keep our "energy-intensive lifestyles cruising well into the next century."

The quoted material comes from a thoughtful article in a magazine put out by the Colorado School of Mines, a superb engineering and science institution that also happens to be located in Golden.

The writer, Paul Roberts, notes that the "three trillion barrels of recoverable oil" in shale deposits are equal to all the liquid oil "known to have (ever) existed on our planet." Half of all of this, he says, is in the United States...

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