Special Report: US oil shale resources look promising yet still uncertain

10/20/2008
Click here to enlarge imageThe quest for commercial viability of oil shale ultimately could prove the most practical option among unconventional hydrocarbon resources to add large quantities of proved US reserves, say researchers working toward this goal.Yet, it could take another 10-15 years to determine if the energy returned on the energy invested on oil shale development will prove worth the effort, oil companies note. US oil shale is concentrated in northwestern Colorado, eastern Utah, and southwestern Wyoming. About 70% of oil shale is on federal land.A 1-year congressional moratorium on the US Bureau of Land Management issuing final commercial oil shale leasing regulations expire...

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