Quote:
Originally Posted by legion
If oil shale is profitable at $50 a barrel, why have we not been extracting it for the last 4 years?
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I dunno - maybe it is $75 a barrel. The fact is - you could invest $$$trillions of dollars in mines, operations and refineries - and then the Saudis start pumping and the floor drops out of the price of oil..
Only something like a huge import tax would make this viable.