Peak oil, oil shale and tar sands.
December 3, 2005 3:27 AM
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Peak oil, oil shale and tar sands. Is peak oil a concern?
I have heard that the extractable oil in oil shale and tar sands is massive. I believe there is an oil shale deposit in Colorado that has a middle east size oil deposit, and there are vast tar sands in Canada.
In the past I was lead to believe that the cost of extracting this oil was such that it could not compete with $25 a barrel oil, but at $50 a barrel it would be a different story.
Is this true? Are there massive, accessible oil fields out there waiting to take the place of crude?
posted by bystander to science & nature (17 comments total)
posted by cillit bang at 3:32 AM on December 3, 2005