Posted by harry on February 20, 2009, 8:59 pm
Bakken oil field:-
Posted by cavedweller on February 20, 2009, 10:02 pm
....and your comment or question is??
Posted by user on February 20, 2009, 10:29 pm
It's been my understanding oil shale is basically oily rock, the energy
to get the oil out of the rock being quite extensive, polluting and uses
more resources than recovery from the oil sands.
Posted by Frank on February 20, 2009, 10:59 pm
It's pretty simple and depends on what you can get for the oil. It is
not cost competitive with oil obtained by just poking a stick in the
ground but even now the Saudi's are reaching for oil that costs about
$0/barrel to extract. I suspect shale oil has a much lower cost factor
than ethanol from corn.
Posted by user on February 21, 2009, 12:27 am
From everything I've read it's a "no go", the resulting fuel is full of
sulfur and arsenic and is a major environmental concern to ground water.
The amount of electricity required to run a million barrel per day
operation ( if it works) is roughly equal to the amount consumed in
Colorado -- 48 billion kWh. You'd be better off using the electricity.