By M.E. Sprengelmeyer
AP/Rocky Mountain News
Originally published 03:20 p.m., May 15, 2008
Updated 03:21 p.m., May 15, 2008Excerpt:
The Senate Appropriations Committee today narrowly defeated Sen. Wayne Allard's attempt to end a moratorium related to oil shale development in Colorado.
It was a big day for Colorado energy issues on Capitol Hill as Gov. Bill Ritter testified before a senate committee asking lawmakers to move cautiously on oil-shale development until more is known about the environmental impact and other issues.
Meanwhile downstairs, the appropriations committee was considering a massive Emergency Supplemental Spending Bill. Allard, a member of the committee, attempted to insert an amendment that would reverse the moratorium that lawmakers approved late last year.
(((((End Excerpt)))))
From Wikipedia:According to a survey conducted by the RAND Corporation, the cost of producing a barrel of oil at a surface retorting complex in the United States (comprising a mine, retorting plant, upgrading plant, supporting utilities, and spent shale reclamation), would be between US$7095 ($440600/m3, adjusted to 2005 values).---Snip---
Shale oil does not contain the full range of hydrocarbons used in modern gasoline production, and could only be used to produce middle-distillates such as kerosene, jet fuel, and diesel fuel. Worldwide demand for these middle distillates, however, is increasing rapidly.(((End Second Excerpt)))
So, with crude at $120+ per barrel, this could supply a great deal of diesel, kerosene, and jet fuel, economically and without purchasing it from any foreign nation. What is wrong with that? Energy independence is something that we just have to have.
AP/Rocky Mountain News
Originally published 03:20 p.m., May 15, 2008
Updated 03:21 p.m., May 15, 2008Excerpt:
The Senate Appropriations Committee today narrowly defeated Sen. Wayne Allard's attempt to end a moratorium related to oil shale development in Colorado.
It was a big day for Colorado energy issues on Capitol Hill as Gov. Bill Ritter testified before a senate committee asking lawmakers to move cautiously on oil-shale development until more is known about the environmental impact and other issues.
Meanwhile downstairs, the appropriations committee was considering a massive Emergency Supplemental Spending Bill. Allard, a member of the committee, attempted to insert an amendment that would reverse the moratorium that lawmakers approved late last year.
(((((End Excerpt)))))
From Wikipedia:According to a survey conducted by the RAND Corporation, the cost of producing a barrel of oil at a surface retorting complex in the United States (comprising a mine, retorting plant, upgrading plant, supporting utilities, and spent shale reclamation), would be between US$7095 ($440600/m3, adjusted to 2005 values).---Snip---
Shale oil does not contain the full range of hydrocarbons used in modern gasoline production, and could only be used to produce middle-distillates such as kerosene, jet fuel, and diesel fuel. Worldwide demand for these middle distillates, however, is increasing rapidly.(((End Second Excerpt)))
So, with crude at $120+ per barrel, this could supply a great deal of diesel, kerosene, and jet fuel, economically and without purchasing it from any foreign nation. What is wrong with that? Energy independence is something that we just have to have.
