1.5 trillion barrels of recoverable oil in Green River Formation (John Kerry, Israel, highway)

[thebigr]

Originally Posted by T-310

I would use trucks or trains to remove the shale for processing elsewhere then restore the grounds.

Everybody is happy.

Think before you speak.

[cruxan]

Originally Posted by T-310

I would use trucks or trains to remove the shale for processing elsewhere then restore the grounds.

Everybody is happy.

lawd harry where you going to move it to,???? do you know how much energy it will take to process it somewhere else, you might not have any oil left to run your trains and trucks after the process is done..

[stillkit]

Originally Posted by cruxan

lawd harry where you going to move it to,???? do you know how much energy it will take to process it somewhere else, you might not have any oil left to run your trains and trucks after the process is done..

And, if you dig out a million tons of shale, what are you going to replace it with? That shale took up space which has to be filled with something.

[mwruckman]

Originally Posted by stillkit

And, if you dig out a million tons of shale, what are you going to replace it with? That shale took up space which has to be filled with something.

Well you build a big pipe called a penstock to the Pacific Ocean and turn a big part of what used to be Wyoming Utah and Colorado into a big salt water lake by flooding the hole. Then get Disney to build a huge theme park on its shores and build a few retirement communities to replace those lost to coastal flooding in Florida when the ice in Antiarctica melts. Just think you might be able to make some money off this global warming thingee.

[DRob4JC]

GAO: Recoverable Oil in Colorado, Utah, Wyoming 'About Equal to Entire World’s Proven Oil Reserves'

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.

...
“USGS estimates that the Green River Formation contains about 3 trillion barrels of oil, and about half of this may be recoverable, depending on available technology and economic conditions,” Mittal testified.

...
“As you can imagine having the technology to develop this vast energy resource will lead to a number of important socioeconomic benefits including the creation of jobs, increases in wealth and increases in tax and royalty payments for federal and state governments,” she said.

Other benefits - energy independence, speculators would have a reason to decrease their portion of the oil price, the increased supply would decrease the cost in all sectors, this could be used primarily to reduce the debt since the government owns 3/4 of the land where the oil shale is.

[jetgraphics]

Ahem - the GRF is OIL SHALE.
It will require STRIP MINING huge areas... not drilling for crude.
It will require FAR MORE ENERGY to extract the oil from the shale, raising its cost.
It will result in huge amounts of WASTE.
And when it's all used up, what have we endowed our grandchildren?
... A toxic landscape, stripped, with mounds of detritus and not much more ...

[Memphis1979]

This isn't liquid crude, its oil shale. A sand substance that must be processed to recover oil, that then has to be worked in a manner able to make gasoline out of it.

Its expensive, and is only viable when gas and oil prices are over 100 dollars a barrel.

Now I'm not opposed to using this, but there is much cheaper energy out there, with much less processing, and far less environmentally impactful.

Mainly, coal and natural gas. Sooner or later we are going to have to move to solar, but we aren't there yet. Our energy demands are simply going to be to high for any other power source, other then the sun.

[EinsteinsGhost]

[foadi]

the athabasca oil sands and the orinoco belt both contain a similar amount of petroleum.

developing the green river formation wouldn't really have any impact on global oil prices. even if it were given the go ahead it wouldn't be on a superlarge scale. would be under 1 million bbl/day (the environmental lobby would never allow something bigger) and would still be expensive to produce

the water problem in the southwest is going to continue blocking this from happening

[DRob4JC]

Expensive? We are sending aid money to Pakistan, Egypt and other questionable countries. Money doesn't seem to be a problem for them - even though we don't have any.

They could auction off the land and use the money to pay off debt, or Obamacare. Then private companies could bear the expenses.