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To: RockyTx

Oil shale is not exclusive to the U.S.A.

I believe it requires specialized equipment to find it, however.


10 posted on 11/17/2012 10:06:38 PM PST by SatinDoll (NATURAL BORN CITZEN: BORN IN THE USA OF CITIZEN PARENTS.)
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To: SatinDoll
Perhaps the reason Oil Shale is big in the USA is because the USA has more of it than the rest of the world ?
Maybe other countries do have it but there is so little of it that it's not worth the capital cost to go after it.
14 posted on 11/17/2012 11:27:56 PM PST by American Constitutionalist
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To: SatinDoll

You are correct. China has the largest holdings in the world. The U.S. has the lead in exploration technology and knowledge - after all we started the oil industry, from exploration and production to refining. That leadership is something most politicians don’t ever appreciate. It’s a leadership lead as wide as our IT technology lead. So you can bet that as China and others seek to use their new-found reserves, they will turn to U.S. companies for help.


18 posted on 11/18/2012 4:45:13 AM PST by gotribe
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