Saturday, September 03, 2005

On the Peak Oil front, have you seen this? They claim to have figured out a way of roasting oil shale in situ so as to produce a significant amount of natural gas and light crude from deposits, at a cost which is viable as long as oil prices stay over $30/bbl. Check out the article - it's fiendishly clever, and sounds like a real winner if nobody's exaggerating or coloring based on expectations of future improvements. They've done test bores, and are supposed to start something more substantial in February. It sounds as if Colorado could be the Persian Gulf of the 21st century if this pans out. I will say that I didn't quite understand the described environmental protection scheme, which had something to do with surrounding the bores with an outer shell of ice to lock in the cooking mixture or something like that.

Link via Instapundit.

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