Shale oil

Deseret Morning News – A company says it can produce oil from shale mined from Utah within two or three years, at a cost of about $40 per barrel, and that notion has leaders in Washington, D.C., interested in ways to make it happen.

Sen. Pete Domenici, R-N.M., chairman of the Senate Energy and Natural Resources Committee, on Thursday visited sites south of Vernal where shale could be mined and processed.

“It is potentially part of our future, and it could be a big part,” Domenici said. “Enterprise, initiative and innovation are going to drive the investment of money into shale oil, and it’s going to produce crude oil.”

Deseret Morning News