Hidden beneath 1,000 feet of rock in the Rocky Mountains, lies the largest untapped oil reserve in the world-more than 2 TRILLION barrels.
On August 8, 2005 President Bush mandated its extraction.
2007-06-12 09:20:05 · 3 answers · asked by Girl raised in the south 1 in Science & Mathematics ➔ Earth Sciences & Geology
That would be the shale oils. The main problem with shale oils is that shale has high porosity (pore space) and low permeability (connectivity of those pores). In order to extract the oil the shale has to be fractured, which increases the permeability. In the 1980's, several US oil companies tried to produce oil from shales, and they gave it up due to the high cost. Maybe when oil goes to $200/barrel it will be economically feasible to produce oil this way.
2007-06-13 17:51:47 · answer #1 · answered by Amphibolite 7 · 0⤊ 0⤋
I heard Russia had one bigger
2007-06-12 09:27:12 · answer #2 · answered by Wes S 2 · 0⤊ 1⤋
No.
2007-06-12 09:23:07 · answer #3 · answered by Anonymous · 0⤊ 1⤋