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Page added on June 29, 2006

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The Oil Drum: An echoing Shhh, or EVEN MORE on mining of oil shale

So, there we have all this oil, sitting in these nice thick oil shale beds out West and just waiting to turn some local in Colorado into the next “world’s richest person”. All they have to do is to figure out how to get the oil out of the ground cheaply enough to make money from it. (And if you remember from the last post there are over 2,000 patents on ways to do this – if it were that simple there would not be nearly that many). Congress thinks so too, since the Energy Policy Act of 2005 called oil shale a strategically important domestic resource (pdf file).

What’s the big deal? Drill a hole down there and it flows it – isn’t that how it works? Well not in this case.
Much more after the jump to The Oil Drum.

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