Quote from ShoeshineBoy:
The same article claims that "Royal Dutch Shell has announced that its in situ extraction technology in Colorado could be competitive at prices over $30 per barrel ($190/m3), while other technologies at full-scale production assert profitability at oil prices even lower than $20 per barrel ($130/m3)." In other words, it should be viable at current prices. Do you agree?
I live in Colorado, and 20-30 years ago there was a great buzz about oil shale. Nothing ever came of it, and not hearing anything now. Have to think that either the cost of extraction is too great or losing out to environmental/water concerns.