Utah downgrades its oil-shale estimates

There’s less oil-shale in Utah than they thought – still a lot, but that doesn’t mean much, it’s not a viable energy option taking more energy to bring to market than it contributes to the market.

Utah downgrades its oil-shale estimatesSalt Lake Tribute

2 thoughts on “Utah downgrades its oil-shale estimates

  1. Not only is there far less than was “guestimated” in the 1960’s (yikes), it would have to sell for $200 a barrel to make it viable on the market. Think diesel is too high now?

    And here, in 2008, there still isn’t appropriate technology to render it at any cost. What a ruse.

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