Thread: BS Oil Report?
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Join Date: Mar 2004
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Quote:
Originally Posted by Moneyguy1 View Post
It is being mined but not in large quantities. The up-front cost is high and the lead time to make it large scale is long. I do not think four years is enough.
I think most current plans call for heating the shale up in place with geo-thermal or steam from nuclear power and pumping out the oil.

Strip mining and shipping or transporting to an on-site processing plant is far to expensive.

The link describes a 20 year patent on the process they want to use.
Old 01-16-2008, 07:11 AM
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