Efforts to tap oil shale’s potential yield mixed results

04/25/2005
Second of two parts: A huge resource, much of it in the oil-hungry US, sustains efforts in the US and elsewhere to find a way to produce shale oil economically. The efforts, spanning many years, have received intermittent help from governments attracted by the enormous potential supply of oil (OGJ, Apr. 11, 2005, p. 22).Yet realization of that potential, even with oil prices at recently elevated levels, continues to await technology able to make production of shale oil commercial.One recent project has stalled in Australia. But another project, in the resource-rich US West, has made technical progress that keeps hope for shale oil alive.Past effortA March 2004 report by the US Department...
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