Shale Oil Perspectives
Can shale oil be developed economically? At today's prices, of course. A few years ago it was estimated that shale oil development would be competitive at around $40 a barrel. That figure may have risen a bit, but with world oil prices over $140 a barrel, shale oil development is a no-brainer.
...shale oil development is being blocked by Nancy Pelosi, Harry Reid and the Democrats in Congress. The future of America's economy is at risk as a result. _Source
Labels: shale oil