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To: rellimpank
there are no magic ways of getting it out

The U.S. Geological Survey, the testimony said, "estimates that the Green River Formation contains about 3 trillion barrels of oil, and about half of this may be recoverable, depending on available technology and economic conditions.
"The Rand Corp., a nonprofit research organization, estimates that 30 to 60 percent of the oil shale in the Green River Formation can be recovered,"

Looks like you have a difference of opinion with the Rand Corporation and the USGS.

7 posted on 05/16/2012 5:50:29 AM PDT by GOP_Party_Animal
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To: GOP_Party_Animal
--thirty-some years ago (during the last "oil shale"boom), I spent considerable time contributing mining knowledge to shale feasability studies.

--the only money made in oil shale was when Arco sold Parachute to Exxon, who took a multi-million dollar bath on it within a few years---

-- depending on available technology and economic conditions.--covers a lot of ground---judging by what we were looking at for recovery costs thirty years ago, my off-hand opinion would be that $200/bbl might be one of the "economic conditions"--

9 posted on 05/16/2012 6:02:24 AM PDT by rellimpank (--don't believe anything the media or government says about firearms or explosives--)
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