Posted on 06/17/2008 6:17:58 AM PDT by Moseley
The United States has as much as 8 times as much oil in the form of "shale oil" as all of Saudi Arabia's oil. America could end all imports of foreign oil if these shale oil resources were developed.
The Wall Street Journal editorial page then picked up the theme of accessing America's shale oil resources, shortly after publication in the New Media Journal.
America's vast supplies of shale oil has not been tapped because it was too expensive when oil was trading at $19 per barrel. And no one has taken action now that oil has exceeded $137 per barrel out of inertia.
Environmentalists oppose all success in the economy and all use of energy. And about 80% of all shale oil is on land owned or controlled by the Federal Government. Therefore, Congressional action is needed to access the 1 to 2 trillion barrels of oil currently residing in the Mid-West.
Shale oil currently supplies about 90% of the electricity and 76% of the total energy for Estonia, in Eastern Europe, on the Baltic Sea. An oil shale demonstration plant in Queensland, Australia produced 700,000 barrels of oil between 2001 and 2003.
SEE --
http://www.NewMediaJournal.us/guest/j_moseley/2008/06092008.htm
New energy solutions will appear in the New Media Journal every Tuesday throughout the Summer.
http://www.NewMediaJournal.US
Jon Moseley studied physics at Hampshire College and the University of Amherst, with a Finance degree from the University of Florida. Moseley promoted the Strategic Defense Initiative at High Frontier and at the Center for Peace & Freedom at the Heritage Foundation.
(Excerpt) Read more at christiannewswire.com ...
The feds continue to keep it tied up. The process for the environmental impact statements were extended and are still in progress.
and then the resulting royalty shows up every year as a check made out to John Q Public - like in Alaska now?
No, the check would be like other federal property, it goes to the federal revenue, not as payment to citizens.
exactly, then you have the control while they scramble...its just a shame that the citizens(us) have to suffer along the way....its not like we can vote ourselves a 3x payraise like the state of louisiana politicians were trying to do...such a shame they are settling to only double it....
I’m with you Bro.
Start with your local Green Peace, Sierra Club and ACLU offices. Those places are high on my list of Places to Go, Things to Do, and People to Meet when Atlas shrugs.
Here you go.
I worked for Shell and ARCO back in the 70’s and 80’s and they told us then that we had many many years of oil shale and to not worry about having jobs. Liberals and RINO’s have been lying to the American people for decades. IMO, it’s all about their power, greed, and egos. The human waste in DC don’t care one shred about the American people. It’s up to the American people to direct their anger at the corrupt, elitist US Congress who have screwed us over for the past 30+ years. A special thank you also goes to Jimmah Carter, the great American traitor!
It takes alot of water to steam the rock to free the oil trapped there.”
NE: No, actually, the rock contains water itself, 2-5% by weight. So when you heat the rock, you release water. The shale is actually a net source of water.
Amen to what you say...and Obama will follow the Carter path....once in the White House!
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