From Deseret News archives:

Utah trio push for oil shale

Published: Friday, May 16, 2008 12:03 a.m. MDT
 |  E-MAIL | PRINT | FONT + - 
WASHINGTON — Congress should not delay Utah's oil shale industry from moving forward, Gov. Jon Huntsman Jr., Sen. Orrin Hatch and former Utah Rep. Jim Hansen told a Senate panel Thursday.

At a Senate Energy and Natural Resources Committee hearing, the Utah officials focused on an untapped supply of oil just waiting to be put to use that could not only increase supply but reduce dependence on foreign oil. In their testimonies, they cited rising fuel prices as one of the reasons why Congress should encourage the development of the industry.

While Colorado Gov. Bill Ritter and The Wilderness Society cautioned against issuing federal regulations before oil shale technology is fully developed, Hatch emphasized that he specifically gave the states the power to decide when or if they wanted to move ahead on developing their resources.

"If leaders in Colorado and Wyoming wish to slow down oil shale and sands productions in their states, then I congratulate them," Hatch said. "But is it not right to artificially slow shale development down in areas that are prepared to meet the challenges of supplying our nation with domestic oil."

Story continues below
The U.S. has more than 70 percent of the world's oil shale, with the richest deposits in Colorado, Utah and Wyoming estimated to contain 1.5 trillion barrels of shale oil, said Hansen, who testified on behalf of Farmington-based Oil Shale Exploration Co. (OSEC). The company has a BLM oil shale research and development lease on 160 acres of land in Uintah County.

"If only 800 billion of this can be recovered, that alone would supply all of our current domestic petroleum needs for the next 100 years or more," Hansen said. He called the three Western states the "Saudi Arabia of oil shale."

Congress included Hatch's Oil Shale and Tar Sands Development Act in the Energy Policy Act of 2005. The law calls for the Interior Department to complete an environmental evaluation of oil shale development as well as commercial leasing regulation for the resource on public lands. But last year, Congress passed a law that prohibits BLM from spending any money to finish the final regulations, which were supposed to be issued later this year.

This irritates Hatch, who points out that language he put into the final law requires that the Interior secretary consult with the states' governors to determine the "level of support and interest" in oil shale or tar sand development.

Recent comments

We need to start extracting Oil Shale ASAP. It is enviormentally safe...

Andrew | May 22, 2008 at 1:03 p.m.

What a great idea, lets turn Utah in a superfund site so we can line...

Blah Blah | May 19, 2008 at 10:20 a.m.

If Oil hits $200 a barrel the US will be sending a Trillion dollars...

Mike N | May 17, 2008 at 11:14 p.m.

previousnext

Latest comments

Real Champions

Congrats RSL! What an awesome moment for all Real fans and everyone in Utah....

Yes, I agree with stu. Andy may retire. Chris Sietz, I believe, will be the...

I keep hearing the 'constitution' over and over in every issue--be it health...

Real Champions

I cried tonight. Seeing Andy Williams and Javier Morales fight. Seeing the...

Neither BYU or Utah would have a defensive shot against Boise. Boise State...

As an anecdote, the only time I remember people LEAVING Utah County in droves...

Bronco, Kyle rubber match

Until he's gone, we won't return to the BCS? He brought us there once, and...

Bronco, Kyle rubber match

1984. Little brother up north still envies BYU's National Championship...

Bronco, Kyle rubber match

And Jordan Wyn is that much better? He has been putting up big numbers...

Reagan much-beloved in Utah

Interesting how Utah's economy was arguably at its worst in the past 50 years...

Advertisements