A recent report by the U.S. Government Accountability Office estimated that if half of the oil bound up in the rock of the Green River Formation could be recovered it would be "equal to the entire world's proven oil reserves."
Both the GAO and private industry estimate the amount of oil recoverable to be 3 trillion barrels.
"In the past 100 years in all of human history -- we have consumed 1 trillion barrels of oil. There are several times that much here," said Roger Day, vice president for operations for American Shale Oil (AMSO).
The idea of keeping our oil reserve in the ground had some merit before OPEC became so powerful. How much wealth has been transferred from America to the Middle East, and how much of our own dollars have been spent on funding ways to kill us?
It is time to open our reserves and bankrupt OPEC.
Peter Kearl of Qmast LLC has a new technology for the in-place conversion of kerogen to oil, and extraction of the oil from the shale formation.