water is one big thing. The area is already a semi desert, and the traditional methods use a lot of water. Maybe they can come up with a different way that doesn’t use so much.
When the liquid oil runs out, perhaps the US should become radical capitalists, and use the shale oil weapon against the Islamic economies, who then will be relying on us for their oil supplies.
Lots of oil off Florida coast if you’re willing to drill deep enough.
I saw an article the other day that said environmentalists were moving to have the federal land barred from shale oil extraction. In other news, a Federal Judge has barred Exxon form drilling offshore in Alaska off the North Slope.
The area was protected for the future with the creation of the Naval Petroleum and Oil Shale Reserve in 1912.Thank god rationalists secured it before environmentalists could f* it up.
Earthtimes really should pull their head out of their butt and keep up on the issue. Shell withdrew because of economic reasons and rumors have more withdrawals on the way by others citing cost and methods. It is coming just not as soon as some would like it is all
http://test.denverpost.com/extremes/ci_6155257
We just returned from our annual vacation in central NY where there is a lot of shale. People are wanting to explore the area for oil, but Senator Clinton has blocked it. Upstate NY is dying because of high taxes and this could be a real boom to the area. Mrs Clinton does not seem to care, why am I not suprised.
I own mineral rights to oil shale land in Mississippi. I sure wish someone would drill there.
A small part, never significant. The oil industry study announced this week that the oil industry will not be able to keep up with demand over the next two decades. If the ME is lost it will happen a lot sooner and a lot bigger. It is not an oil shortage in the sense of there being no more oil, but of oil production by whatever means. The oil being produced now is easy and cheap. The next batch will be more expensive and harder to produce. Oil from shale is an industrial process quite a bit different than simply drilling and pumping oil out of the ground.
“Some time?”
They’ve been talking about this for 45 years that I can remember, and they seem no closer today than they were back then.