Interior Decision on Oil Shale Locks Away American Energy Resource Larger than Total Reserves of Middle East
ShareThisFebruary 25, 2009· 14 Comments
FOR IMMEDIATE RELEASE
February 25, 2009
CONTACT:
Laura Henderson (202) 621-2951
IER: Interior Decision on Oil Shale Locks Away American Energy Resource Larger than Total Reserves of Middle East
WASHINGTON, D.C. – Institute for Energy Research (IER) president Thomas J. Pyle issued the following statement today after the Interior Department announced its plans to withdraw from consideration acreage in Colorado, Utah and Wyoming where research and development of a small portion of our nation’s homegrown oil shale reserves had previously been scheduled to take place:
“Earlier this week, Secretary Salazar suggested America’s massive and homegrown reserves of oil shale held ‘great potential.’ Unfortunately, the Interior Department’s decision today may help ensure that potential never becomes reality – in the process, locking-away an American energy resource larger than the total reserves of the entire Middle East.
“At a time of great economic uncertainty, with millions of Americans out of work and state budgets stretched beyond their breaking point, responsible development of America’s abundant shale resources could be a way out of our current condition, and a way back to a better one. The Interior Department’s announcement today effectively forecloses that opportunity.”
NOTE: In a story posted Sunday by the Salt Lake (City, Utah) Tribune, reporter Thomas Burr quoted Secretary Salazar as saying to a group of western governors gathered in Washington that oil shale had “great potential.”
More from IER on the potential and promise of America’s massive reserves of oil shale:
The Institute for Energy Research (IER) is a not-for-profit organization that conducts intensive research and analysis on the functions, operations, and government regulation of global energy markets. IER maintains that freely-functioning energy markets provide the most efficient and effective solutions to today’s global energy and environmental challenges and, as such, are critical to the well-being of individuals and society.
#####
February 26th, 2009 at 4:20 pm
[...] OIL SHALE OFF LIMITS? Interior Decision on Oil Shale Locks Away American Energy Resource Larger than Total Reserves of Mid… Seems like a lousy decision to [...]
February 26th, 2009 at 4:29 pm
They want us back to the Stone Age. Don’t they realize shale IS a stone, until you squeeze it?
February 26th, 2009 at 4:50 pm
[...] Institute for Energy Research president Thomas J. Pyle issued this statement: Earlier this week, Secretary Salazar suggested America’s massive and homegrown reserves of oil shale held ‘great potential.’ Unfortunately, the Interior Department’s decision today may help ensure that potential never becomes reality – in the process, locking-away an American energy resource larger than the total reserves of the entire Middle East. [...]
February 26th, 2009 at 4:58 pm
One should not be surprised.
The Obama/Pelosi/Reid Democratic administration’s goal can be summed up as “every man a serf”, in thrall to the Government.
And serfs will not be permitted much energy, since energy is a fairly good proxy for financial and individual liberty.
February 26th, 2009 at 5:10 pm
I’d like to suggest just one little change in one little word:
“…could be a way out of our current condition, and a way FORWARD to a better one.”
February 26th, 2009 at 5:59 pm
[...] have tons of oil resources in the US and in the Gulf. Obama wants it all off limits because, you know, we should all freeze in the dark. That’s the Democrat [...]
February 26th, 2009 at 7:39 pm
if americans wonder why we are in this terrible shape [ financially], its becuase our leaders are EMBEDDED WITH THE ARABS] and selling the future of our children. you sure wont see OBAMA talking about that,or why illegals are over our counrty and jobs.this country is great, to bad our leaders arent”””””””””””””’
February 26th, 2009 at 8:40 pm
[...] Hmm, not change I can believe in. Why, if we are trying to make ourselves less dependent on foreign oil, does this make any sense? [...]
February 26th, 2009 at 8:56 pm
[...] has abundant reserves but the government stands in the way of development. Instapundit links to an IER report that the Federal Interior Department has put oil shale reserves off limits:
February 26th, 2009 at 11:02 pm
. . . “Change we can believe in” or “Hope and Change” . . . Bah Humbug! If this is the “Change we can believe in,” it’s going to be a long four years. It may be Change, but for all the folks that were screaming about high gasoline prices and voted for the ninny that claims to be the 44th POTUS, look what you have done. You have placed your Hope in a deceiver and a liar. Good luck with that.
This decision by Secretary Salazar and the current administration is deeply troubling and a very bad decision for the economic future of the United States of America. Unbelievable. –RWL 02/26/2009
March 1st, 2009 at 6:16 pm
[...] Elsewhere, it slipped by last week without a lot of notice: [...]
March 3rd, 2009 at 9:26 am
[...] I can do is give thanks to Our savior, President Obama, for having his Interior Department put a lock on the gate for further exploration of the American Shale Oil reserves. Since they’re larger than the entire reserves within the area known as the Middle East, can [...]
July 28th, 2009 at 1:45 am
Savior ni Savior, comemierda. Nadie dijo que el era el SAvior imbesil. Tu lo dijistes. Continue to delay the possibilities of other energy sources and we will be back in the Stone Age.
August 28th, 2009 at 9:55 am
[...] dumbfounded by the fact that 150 years and about a trillion barrels later, their government is sitting on another two and half trillion barrels of oil shale on federal lands in the West, effectively foreclosing on a resource nearly three times as large as [...]