Quote: Originally Posted by Gunny  Shale is not cost effective. We have 10s of thousands of oil wells in this country that are capped with still a 3rd of their resourses untapped because the deeper into the well you go, the more sludge you get. It costs more to get and to refine. The oil companies closed them rather than take less profit.
I don't know how much that amounts to, but it, like the shale is there. Actually Shell is clammering at the possibility of using oil shale but it is being blocked by one senator. There is over 800 billion barrels of oil by conservative estimates.
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