Comments about ‘Oil shale won't impact fuel markets for decades’

Look at what a small company named NEVTAH is doing in UTAH. They will be stating commercial production in the next few months. The symbol is NTAH.PK

I smile when I read references to Shell as leading the quest to unlock the oil shale riches in the Wyoming, Utah, Colorado area. Shell might well be the leader amongst those who played along with BLM's disingenuous response to its obligations as set out in the Energy Act 2005. At a time when the US economy and foreign policy is so dramatically and adversely affected by the ever increasing reliance of the US on oil imports, the BLM is marching to an agenda much more aligned to ensuring these vast oil shale depositis are never exploited on a large scale. If it were otherwise, the BLM would have pro-actively scoured the world to find and involve itself with emerging shale oil production process technologies, with financial grants and the promise of oil shale leases to encourage the emergence of a sensible process. Instead, the BLM backed Shell and pretty much only Shell and a process which at best would recover half of the available shale oil, would destroy forever the economics of the other half and poison the ground water. Ask this: does big oil (and that includes the President) really want oil shale developed?