Bull. do your homework or get out of the internet tubes!

–Richard J. Schneider/Denver..

We appreciate the feedback and critique. Your response, however, makes a rather common error. You are conflating “oil shale” which has never been commercially produced in the U.S. with the highly profitable “shale oil” plays. These are very, very different resources.

There is an Investing Daily article that does a great job explaining the differences between these very different resources: http://www.investingdaily.com/tes/16405/oil-shale-versus-shale-oil.html

Also, we believe oil shale is science fiction because we are no more closer today to a financially viable model for producing oil shale that we were when we discovered the resource. But don’t take my word for it. Companies such as Shell are still trying to pull the sword from the oil shale stone saying we have another decade of research before we’ll even know how to extract oil shale.

Tracy Boyd, Shell Corporation: “In fact, it could take up to 10 to 12 years of additional research, environmental analysis and permitting before a company could develop a federal oil shale lease.” – Glenwood Springs Post Independent, Oil shale decisions could affect Garfield County, Nov. 11, 2008

And who knows if that prediction is any closer to what was written in a 1917 Christian Science Monitor article: “Thousands of acres of land in the rich oil shale area in western Colorado, productive of unlimited combustible and munitions material, have been filed on recently by Colorado and eastern syndicates, says the Times, and preparations are underway for the development of the fields this spring.”

Let’s have an honest conversation about oil shale and stop touting it as a resource to save us from high gas prices when we don’t yet know how to develop it.