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To: redwill
A brief synopsis would help us short of attention spans.
2 posted on 05/04/2007 8:50:38 PM PDT by kinoxi
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To: kinoxi
A brief synopsis would help us short of attention spans.

I'm bookmarking it to read, rather than skim, later.

There are over a trillion barrels of recoverable oil in Colorado oil shales (compared with 289 billion in conventional oil in Saudi Arabia), with new technology available so that Colorado wouldn't have to be strip mined to get it.
Shell is confident that it can recover shale oil with the price of West Texas intermediate oil at around $25 a barrel.

But they need some sort of tax protection against oil price volatility.

Maybe I got that right.
5 posted on 05/04/2007 9:59:56 PM PDT by caveat emptor
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To: kinoxi

When Parachute, Rifle, Battlement Mesa boomed and busted in the early ‘80’s there was enormous loss of savings and investments. A word to the wise: rent your house around the shale patch.


9 posted on 05/04/2007 10:26:58 PM PDT by NaughtiusMaximus (Remember to bring plenty of your own smokes when you visit us in Arizona.)
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