We’ve Got Plenty of Oil

I’ve discussed this before, but don’t believe the peak oil hype. The US has massive amounts of oils in capped wells and in oil fields yet untapped. And when you count oil shale, we have massive amounts not even touched yet.

There is an estimated 2 trillion barrels of oil buried beneath parts of Colorado, Utah and Wyoming. Geologists, petroleum companies and the federal government have known about these massive deposits for nearly a century. The trouble has always been: how do you get at it?

It is believed that the shale deposits in the Green River region of Colorado, Utah and Wyoming are holding the equivalent of approximately 1.5 trillion to 1.8 trillion barrels of oil. Called “oil shale” or “shale oil,” according to scientists and petroleum companies, much of it cannot be recovered with current technology due to the costly processing involved and the depth of the deposits buried beneath the Rocky Mountains.

Still, if only half can be extracted, scientists believe the amount is nearly triple the oil reserves of Saudi Arabia.

New processes are being developed to refine oil shale. It’s actually a better idea than biofuels which cut into our food supply and raise food prices across the board.

We should be working on ways to tap these resources and wean our dependance on foriegn oil and use part of the profits for R & D into alternative energy. But of course, that would make too much sense. 

True, most bio-fuels are a total scam, and a way to subsidize farmers around free-trade agreements (Which I don’t approve of in the case of food stuffs) - but check out Jatropha.

Just finished doing some work for a Jatropha company - an interesting resource…

Posted by  on  10/03  at  04:13 AM

Yes, that and switch grass make fine bio fuels and are less stressful on the environment to grow, do not cut into food supplies and so on.

Ethanol is another lobbyist scam

Posted by  on  10/03  at  08:03 AM
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