Re: Shell's Ingenious Approach To Oil Shale Is Pretty Slick

From: Al Koop <koopa@gvsu.edu>
Date: Wed Sep 07 2005 - 22:11:10 EDT

Here is a professionally done report on Shell Oil Shale by the Rand Corporation:

http://www.rand.org/pubs/monographs/2005/RAND_MG414.sum.pdf

Note that they say it looks like 20 years before they are likely to get 1 million barrels per day from shale. This will not come close to even making up for the increase in demand over that time, much less taking the place of depleting fields.

To me they seem quite optimistic in thinking that the in situ recovery process will allow oil to be recovered for less than $30 per barrel.

Al
Received on Wed Sep 7 22:14:03 2005

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