Thursday, February 01, 2007
Oil and Gas - "Shale oil — now?"
How about this?
Could we possibly have the last laugh on oil?...
Could we possibly have the last laugh on oil?...
In June of 2006, Stephen Speckman reported this in the Deseret Morning News:
"It's estimated that Utah has more oil in shale deposits than there is oil in Saudi Arabia, according to John Baardson, chief executive officer of Oil Tech partner BAARD Energy.
And throughout Utah, Colorado and Wyoming, an estimated 1 trillion barrels of oil are locked in shale, compared with about 700 billion barrels of untapped oil in the entire Middle East, he said."
