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Efforts to mine oil from rock are ongoing in Wyoming, Colorado and Utah, speakers at a symposium said Tuesday, the same day Interior Secretary Ken Salazar said in Salt Lake City that he would cut the size of new oil shale leases.
Interior Secretary Ken Salazar called Tuesday for an investigation into last-minute changes made by the administration of President George Bush to favor oil companies in oil-shale leasing.
In a second reversal of the Bush administration, Interior Secretary Ken Salazar said Wednesday he is scrapping leases for oil-shale development on federal land in Colorado, Utah and Wyoming.
Environmental groups are threatening to sue the federal government to block plans for commercial oil shale development on nearly 2 million acres of public land in Colorado, Utah and Wyoming.
The Bush administration gave energy companies steep discounts in the royalties they will be required to pay as it established the groundwork Monday for commercial oil shale development on federal land.
The Bush administration on Tuesday proposed charging energy companies wanting to squeeze oil out of vast shale deposits in the West lower royalties than they pay for drilling on other federal lands, including offshore in the Gulf of Mexico and Alaska.
Documentary filmmaker Ken Burns' new series celebrating America's national parks and detailing their history will air in fall 2009, PBS said Saturday.
Gas Extraction Method Could Greatly Increase Global SuppliesOKLAHOMA CITY — A new technique that tapped previously inaccessible supplies of natural gas in the United States is spreading to the rest of the world, raising hopes of a huge expansion in global reserves of the cleanest fossil fuel.
It's a poor time to exploit oil shaleConfronted by a dwindling supply of cheap oil and greater understanding of how burning fossil fuels causes global warming, America finds itself at an energy crossroads. One path, advocated by Sen.
Billions of Barrels of Oil May Lie Under Northern Plains An area of shale and other rock in North Dakota and Montana is estimated to hold the largest potential oil resources in the 48 contiguous states, according to an assessment released Thursday by the United States Geological Survey.
Can Royal Dutch Shell's Shale Extraction Technique End 'Peak Oil' Paranoia?engineers at Royal Dutch Shell (RDS.A) have applied for a patent on a new method of extracting shale oil cheaply and cleanly. (As an interesting side note, it is the largest patent application in U.S. history.) Amazingly, this method:
Does the USA have 1.6 trillion barrels of oil?With oil hovering around $70 a barrel many investors, oil companies and those concerned with the health of the US (and world) economy, a look where the next barrel of oil is coming from makes sense. Here an interesting post that sheds light on non-traditional oil reserves ...
Research promises $5 barrel oil using American oil shale deposits and "Master Separation Technology"This technology, if true, should completely remove US reliance on imported oil and resolve many environmental issues pertaining to oil extraction, given huge US shale oil deposits.
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