Special Report: Environmental, leasing policies evolving

10/20/2008
Oil companies researching oil shale development are watching the unfolding of US leasing and environmental regulatory policies that could influence the economics of producing unconventional petroleum resources, said the National Oil Shale Association.GlennVawter, executive director of National Oil Shale Association in Glenwood Springs, Colo., said technological advances have sharply reduced possible negative environmental consequences of production processes. Yet, questions still remain about how much energy would be used and how much carbon dioxide could be emitted if commercial oil shale projects are undertaken in the US.“Oil shale developers are actively engaged in research, deve...

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