US' shale deposits rich in oil, but mining carry risks
http://www.taipeitimes.com/News/worldbiz/archives/2005/09/02/2003270104
"The US has an oil reserve at least three times that of Saudi Arabiaā€¯
"For years, the industry and the government considered oil shale -- a rock that produces petroleum when heated -- too expensive to be a feasible source of oil. "
"However, oil prices, which spiked above US$70 a barrel this week, combined with advances in technology could soon make it possible to tap the estimated 500 billion to 1.1 trillion recoverable barrels, the report found."
"That could meet a quarter of the nation's current oil needs for the next 400 years."
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The article is kind of funny, I guess this is a liberal headline "but mining carry risks." If you read that alone, would you not think "Oh, if we mine his oil human lives will be lost." But no, if you read the article the "risks" are "environmental damage"
Quite frankly if a few areas get environmental damaged and it can take care of 100% of America's Oil Needs for 100 years, it is worth it. I just hope our government isn't swayed by pansy environmentalists who's true agenda is to destroy America.