Saturday, November 5, 2011
I saw this the other day and I want to know what other's think about it!?
The oil shale deposits have been know for years, but you are correct the latest studies are making it more viable to extract, environmental groups have hindered drilling in the area like they have in ANWR, with the cost of fuel at the price it is the chances of further exploration in these areas is becoming more likely, there is another source of oil that the oil companies do not talk about, for many years wells were drilled all over the nation and proved not to produce a sufficient amount to warrant the continued production because of the low cost, those wells can now be readily accessed with out new drilling just by removing the cement plugs that were installed in the years when the price did not permit them to pursue the oil.~
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