Monday, July 28, 2008

'SHALE OIL NOW' Campaign Launched for Energy Independence

'SHALE OIL NOW' Campaign Launched for Energy Independence

WASHINGTON, July 16 /Christian Newswire/ -- The "SHALE OIL NOW" Project has been launched to demand that Congress, the Administration, State governments, and business achieve energy independence for the United States by 2015.

A complete information center is being assembled at: www.ShaleOilNow.com.

The "SHALE OIL NOW" Campaign, founded by Executive Director, Jon Moseley, is demanding a Manhattan Project or "Let us land a man on the Moon" national cash project to develop shale oil and achieve 100% independence from foreign oil.


America has an Estimated 1 to 2 Trillion Barrels of oil locked in shale in the Midwest. That could be as much as 8 times the total proven oil reserves of Saudi Arabia. America could be energy independent within 5 years.

Any alternatives to our oil economy are at least 30 years away (possibly never), except for minor sources that are a drop in the bucket of America's needs.

The nation of Estonia has been commercially extracting shale oil for more than a decade. Estonia has no natural energy resources, except some hydroelectric. Therefore, they must use shale oil or freeze in the Winter. A phone call to the Embassy of Estonia in Washington, D.C., to the very knowledgeable commercial attache, will confirm that Estonia has been advising the U.S. Department of Energy at the technical level since 1999 on techniques for extracting oil from shale.

The Unocal demonstration project in Colorado proved it. A demonstration project in Queensland, Australia (under similar conditions) produced 700,000 barrels of commercial crude oil from 2001 to 2003.

More water was created than consumed by the Unocal / Paraho demonstration project in Colorado. Opponents say that extracting shale oil "requires" large amounts of water in an otherwise dry part of the Rocky Mountain / Midwest. Untrue. The Paraho project in Colorado created so much surplus water that they had to build evaporation plants to get rid of all the excess water.

The dominant issue for shale oil is that traditional oil has always been cheaper. But whenver oil prices are consistently above $40 per barrel, shale oil is a profitable undertaking.

Efforts to extract shale oil have broken a lot of hearts along the way. That is because oil prices dropped to $19 per barrel in the early 1990's.

Simply using "brute force," we know we can do it. The only question is can we do it better.

FULL DETAILS AT: http://www.ShaleOilNow.com

3mnewswire.org

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