Pages

May 12, 2012

#GAO smokes crack on #Shaleoil

In what world, other than that of the RAND report it uncritically passed on, does the Government Accountability Office believe 30-60 percent of shale oil on the Western Slope is recoverable?

Ohh, maybe at $300/bbl oil, and the wet dream of southwesterners of tapping the Columbia River, the Great Lakes, or both for water.

Short of that? Not a chance.


No comments:

Post a Comment

Your comments are appreciated, as is at least a modicum of politeness.
Comments are moderated, so yours may not appear immediately.
Due to various forms of spamming, comments with professional websites, not your personal website or blog, may be rejected.