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To: mountainlyons

53 posted on 10/17/2007 11:24:06 AM PDT by RightWhale (50 years later we're still sitting on the ground)
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To: RightWhale

Good point, RightWhale, it’s what I was saying earlier. Many of our “resources” are not easily exploitable. It’s all about building refineries and how we play the market now.

The U.S. will not and cannot achieve energy independence.


63 posted on 10/17/2007 1:11:06 PM PDT by La Enchiladita
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To: RightWhale
Colorado-Utah oil shale is over 36 Trillion barrels. Alaska has huge reserves.

Not really. One oil company just gave up some of their Alaska leases on the North Slope because they weren’t worth developing at $80 a barrel. If it is not economic to produce, it is neither a reserve nor a resource.

Exon and Shell said they could produce oil shale oil for $30 to $40 per barrel in the Rockey Mountain news. $50 a barrel on the north slope must be court costs with the wacko left.

64 posted on 10/17/2007 1:20:58 PM PDT by mountainlyons (Hard core conservative)
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