Monday, May 14, 2012

200 years of oil found in US

I just know that this is going to be all over the MSM!  In this single oil deposit on US land is more recoverable oil than all the rest of the world's known oil reserves.  Keep your eyes open for this startling and human race elevating discovery! (sarcasm intended)

The Green River Formation—an assemblage of over 1,000 feet of sedimentary rocks that lie beneath parts of Colorado, Utah, and Wyoming—contains the world’s largest deposits of oil shale.
USGS estimates that the Green River Formation contains about 3 trillion barrels of oil. At the midpoint of this estimate, almost half of the 3 trillion barrels of oil would be recoverable. This is an amount about equal to the entire world’s proven oil reserves.
The Green River Formation, the world’s largest oil shale deposit, is located in a largely vacant region of mostly federal land on the western edge of the Rocky Mountains that includes portions of Wyoming, Utah, and Colorado (see map).

Here’s an excerpt from testimony about the Green River Formation that was provided on Thursday by Anu K. Mittal, Government Accountability Office (GAO) Director of Natural Resources and Environment, to the House Subcommittee on Energy and Environment, Committee on Science, Space, and Technology titled "Unconventional Oil and Gas Production: Opportunities and Challenges of Oil Shale Development"

If the powers that be really wanted to do that which would be the greatest boon to the progress of human health, wealth, and the common good ... we would begin drilling today.  For some reason I don't think this is going to happen any time soon ... unfortunately.

Follow the link in the title of this post for the full article.

xtnyoda, shalomed

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Anonymous Anonymous said...

Did you read the part about the environmental challenges involved in mining this shale oil?
The problems are numerous, the magnitude is difficult to predict, and the damage is near impossible to undo. This leaves a terrible impact that our children and grandchildren must live with. Mining and refining shale oil, especially kerogen which is the form that the Green River Formation holds, is one of the most inefficient and unsustainable forms of energy around.
Increased research and investment in commercially viable green energy is where we should be heading.

2:56 PM  
Blogger XtnYoda said...

Thanks Anonymous.

I'm really all for green energy. No problem from here on that front. It's just the "in-the-mean-time" and how we get there, that is the issue.

Plus, I'd take my chances drilling on good old "terra firma" as opposed to drilling 5 miles under the ocean bed and the complications that brings about, like last years Gulf of Mexico fiasco.

God Bless!

9:37 AM  

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