From Deseret News archives:
Bush eyes Utah oil shale
Bush pointed out that the administration has worked on alternative energy sources and gas savings technologies, such as a hydrogen fuel cell, but in the short term, the country needs more domestic production.
He blamed the short supply of oil compared to the growing demand on Democrats, emphasizing that they have rejected every proposal he has sent to increase production in the United States.
"Congress must face a hard reality: Unless members are willing to accept gas prices at today's painful levels or even higher our nation must produce more oil," Bush said in a speech delivered in the White House Rose Garden. "And we must start now."
Bush said the equivalent of about 800 billion barrels of recoverable oil sits in the oil shale of the Green River Basin that crosses Colorado, Utah and Wyoming.
"That's more than three times larger than the proven oil reserves of Saudi Arabia," Bush said. "And if it can be fully recovered, it would be equal to more than a century's worth of currently projected oil imports."
"While the cost of extracting oil from shale is still more than the cost of traditional production, it is also less than the current market price of oil," Bush said. "This makes oil shale a highly promising resource."
Bush urged Congress to remove a current ban on oil shale leasing on federal lands, which was inserted into a spending bill last year. He also said that companies have invested in technology to make oil-shale production more affordable and efficient.
But John Baza, director of the Utah Division of Oil, Gas and Mining, said Wednesday that he disagrees with the president's assertion that developing oil shale will help ease current oil prices. Instead, he estimated that commercial production of oil shale is about three to five years from fruition, assuming that industry can even be convinced of its long-term benefits and the environmental hurdles can be handled.
"We'll need, in the future, every form of energy we can develop," he said. "Oil shale in Utah represents a high potential, because we know it's there."
Producing crude oil from oil shale isn't commercially viable today, Baza said, and the president's words represent a continuing disconnect between government and industry that needs to be addressed.
Recent comments
Wind and Solar should be connected to shale to help drive its...
Charles London | July 9, 2008 at 6:58 p.m.
Now is the time for the U.S. to demonstrate the genius that resulted...
Harold | June 24, 2008 at 11:09 p.m.
All you who have read the about Shell doing their super brew, please...
Obama Republican | June 23, 2008 at 11:22 a.m.
- The origins of Thanksgiving Day 5:07 p.m.
- Test your Thanksgiving Day IQ 5:07 p.m.
- Fun facts about Thanksgiving 5:06 p.m.
- Words of thanks 5:06 p.m.
- Animal lovers blast grandma 5:06 p.m.
- Save glass coffee carafe 5:06 p.m.
- No easy answers on mammograms 5:06 p.m.
- Funds help Utah science education 4:46 p.m.
- Growing pot earns man 5 years 4:42 p.m.
- Boyle hopes debut album 'delivers' 4:17 p.m.
- Real Champions
- Bronco, Kyle rubber match
- RSL wins MLS Cup on penalty kicks
- BCS at-large bids up for grabs
- Plenty on line for rivalry game
- Time for big matchups in WAC, MWC
- Protests against Phoenix LDS temple
- Hall, Johnson matchup key
- Is talking about religion taboo?
- BYU's Lamb, Jorgensen reprimanded
- Buttars wants to limit gay rights laws
214 - Glenn Beck to enter politics?
212 - RSL wins MLS Cup on penalty kicks
191 - Palin plans tour stop in Utah
178 - BYU records with win
132 - Palin's book shows she's unqualified
131 - Bronco, Kyle rubber match
115 - Officer cleared in Cardall Taser case
103 - BYU cuts Women's Research Inst.
103 - Jazz finally win in San Antonio
99
Utah's only Pottery Barn at Trolley Square, 600 S. 700 East, has...
I live in the area and drive the road every day and it is in need of repair...
"I take my life in my hands driving around the wards and temples on...
Back in April, there was an article about the Calvary Baptist Church in an...
oh, that's funny. trying to make someone else look stupid when really you...
Legalize marijuana.
"For whatever difference it makes, the Pitt team Utah defeated in the Fiesta...
Our society constantly clamors over "rights" but often neglects the...
Legalize marijuana.
Based on your findings, Pres. Roosevelt, Truman, Kennedy, Johnson, Nixon,...
For the record, the following is from the latest Rasmussen poll on November...

