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CNSNews.com) - The Green River Formation, a largely vacant area of mostly federal land that covers the territory where Colorado, Utah and Wyoming come together, contains about as much recoverable oil as all the rest the world’s proven reserves combined, an auditor from the Government Accountability Office told Congress on Thursday.
The GAO testimony said that the federal government was in “a unique position to influence the development of oil shale” because the Green River deposits were mostly beneath federal land.
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3 comments:
Oil shale is even worse than "clean coal".
Bet you wouldn't be interested if it was under the Everglades.
Democrats.
Watch earthquakes & cancer rates going up.
The industry has gotten way out in front of safe energy, regulation is not in place to evalate the unidentified chemicals used in recovering this stuff. The cost of natural gas has gone down 6 fold. at what price? Renewable energy will not be competitive on the market; woe is us, cheap fuel is the worst cause of global warming. In Houston and Ft. Worth the natural gas production is causing more toxic smog than the cars.
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