Follow us on

Sunday, May 26, 2013 | 12:32 a.m.

Powered by The Atlanta Journal-Constitution

Web Search by YAHOO!
 
Jamie Dupree's Washington Insider

Posted: 12:30 p.m. Monday, June 30, 2008

Is Oil Shale an Energy Answer? 

Previous Posts

By Jamie Dupree

One of the items that has come up in the debate over energy policy in the Congress is the idea of getting fuel out of rocks in the west of the United States.

The issue is most commonly referred to "oil shale," which has always been a somewhat expensive plan to get fuel from sedimentary deposits.

"When the price of shale oil is comparable to that of crude oil because of diminishing resources of crude, then shale oil may find a place in the world fossil energy mix," says the web site of the American Association of Petroleum Geologists, which is based in Tulsa, Oklahoma.

Some see that happening, now that oil is well above $100/barrel, with many wondering whether it is going to hit $200/barrel.

But in a recent hearing in the Congress, Energy Department officials who were quizzed about the issue sort of threw a wet blanket on the thought that oil shale was going to become a major replacement for imported oil.

"The economics of oil shale, even at these prices, are still relatively unfavorable," testified Guy Caruso, who heads the Energy Information Administration.

That was protested sternly by Sen. Wayne Allard (R-CO) who comes from a state where some federal oil shale leases were acted on during the 1970s.  But since then, little progress has been made.

One major hurdle for oil shale development is that it requires water for processing, and obviously, water is not a never-ending resource in the West.  Environmental groups have been pressing that argument for years and I wouldn't expect that to evaporate now.

President Bush has joined Republicans in the Congress in calling for legislation that would open up new leasing possibilities, but Democrats have been cool to the idea.

My YahooRSS
 

Today on MyAJC.com

Alexandra Jackson

Maynard Jackson's daughter to perform at Atlanta Jazz Fest this weekend

Jazz vocalist Alexandra Jackson will be gracing the main stage at the festival her father established.

Boy Scouts approve plan to accept openly gay boys

Atlantans react to Boy Scout decision on gay scouts

Interviews with several Atlanta area Scout leaders found that most leaned against lifting the ban on gay Scouts and more strongly opposed accepting gay leaders

052413 graduation churches HS01

Church and State? One metro county moves all graduations out of churches

In a break from past years, all 26 DeKalb high school commencements are in secular venues this year

Mark Arum Weekend Construction outlook

Updated every Friday, Mark Arum tells us where we can find construction, events and anything else to slow us down on the roads this weekend.