Is oil shale America's answer to peak-oil challenge?

HUBBERT REVISITED—5Recent discussions regarding the advent of a peak in global crude oil production generally fail to address the potential of America's rich, massive oil shale resources to augment petroleum supplies.While hope is often expressed for continued reserves growth and a smooth transition to future sources of energy, a realistic assessment of the full range of alternatives will reveal that only unconventional hydrocarbon resources, i.e., oil shale, tar sand, extra-heavy oil, and possibly coal liquids, are large enough to supplement petroleum supply with meaningful quantities of liquid fuels in the long term. Interestingly, most of the world's known unconventional ...

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