Oil shale may be fool’s gold

Buried underground in western Colorado are a trillion tons of oil shale. For a century, men have tried and tried again to unlock this energy source. But the rocks have proved stubborn, promising much, delivering little.

Recently, the U.S. Department of Energy published a new report on oil shale. It claimed that the nation could wring “200,000 barrels a day from oil shale by 2011, 2 million barrels a day by 2020, and ultimately 10 million barrels a day” from fields in Colorado, Utah and Wyoming. These predictions – both the production targets and their timing – are preposterous, as some industry experts admit.

 

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