REFLECTOR: Shale oil

[John Dibble]

I doubt there is a real shortage.  Prices are on the rise and a
"shortage" is a convenient way for suppliers to get out of contracts and
rasie the price.

John

Al Gietzen wrote:

>      Isn't that the truth. Talk to all the environmentalists
>      driving their SUV's about this, since they don't want anyone
>      to utilize this great source of energy due to so called
>      environmental hazards. Give me a break
>
>      Yes; but before we get too carried away; recognize that
>      ‘shale oil’ isn’t oil, nor is it always present as a shale
>      formation.  And it has to be mined – not pumped-, and
>      processed not so different from a metal ore.  Messy and
>      expensive.
>
>      Oil shale, a fine-grained sedimentary rock, contains
>      significant amounts of kerogen (a solid mixture of organic
>      chemical compounds), from which technology can extract
>      liquid hydrocarbons. Authorities have described the name oil
>      shale as a promotional misnomer, since the rock does not
>      necessarily consist of a shale and its kerogen differs from
>      crude oil; it requires more processing than crude oil, which
>      affects its economic viability as a crude-oil substitute and
>      increases its environmental impact.[1
>
>      Oil shale has gained attention as an energy resource as the
>      price of conventional sources of petroleum has risen and as
>      a way for some areas to secure independence from external
>      suppliers of energy.[7][8] At the same time, oil shale
>      mining and processing involve a number of environmental
>      issues, such as land use, waste disposal, water use,
>      waste-water management, greenhouse-gas emissions and air
>      pollution.
>
>      Al
>
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