Royal Dutch Shell is patenting a technique to convert shale to petroleum at a cost of only about $30/barrel. If it works, the world's single largest source of oil would be... the United States. What would the world be like if all the oil in Saudi Arabia, Iran, Venezuela, Russia, Iraq, Nigeria, and elsewhere was suddenly nearly worthless?
read more | digg story
April 18, 2007
New Royal Dutch Shell Patent Could Mean Oil For $30 A Barrel, US #1 Source
Royal Dutch Shell is patenting a technique to convert shale to petroleum at a cost of only about $30/barrel. If it works, the world's single largest source of oil would be... the United States. What would the world be like if all the oil in Saudi Arabia, Iran, Venezuela, Russia, Iraq, Nigeria, and elsewhere was suddenly nearly worthless?
read more | digg story
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