Custom Search

It is Oil Vs. War in Colorado Now

Category: Environmental Health RSS
Monday, December 29, 2008 at 10:24:25 AM
Bookmark and Share     Font Size 
A strange war is breaking out in Colorado and its neighbourhoods in the US. While one section is pushing for shale-plumbing to extract oil, another section is warning the technology is unproven, polluting and, crucially, could eat up the much-needed water.

The Rocky Mountains in western North America is estimated to contain an estimated 800 billion barrels - about three times the reserves of Saudi Arabia. The underground sedimentary rocks   remained a no-go area thus far for various reasons. But trust the Bush administration not to miss the slightest opportunity to push the interests of the corporate oligarchies.

On Oct. 31, the US Congress allowed a moratorium on oil shale leasing to expire. Immediately the Bush administration sprang to action and finalized leasing rules, opening two million acres of federal land to exploration.

Oil companies say that at a time of increasing foreign oil dependence, it would be unconscionable to forgo exploiting oil shale's potential.

"Considering the magnitude of this resource - it is so huge relative to other hydrocarbon resources around the world - it merits taking a look at trying any method we can, safely and responsibly, to get at it," said Tracy C. Boyd, communications and sustainability manager for Shell Oil Co.

But then extracting oil from rocky seams of underground shale is not only expensive, but also requires massive amounts of water, a precious resource crucial to continued development in the nation's fastest-growing region, it is pointed out.
Page 1 Page 1 | 2  Next
 Email Email   RSS Feeds RSS Feeds   Print this page Print   Save this page Save   Link Link   Syndicate Syndicate   Comments Comments   Bookmark and Share
 
Comment & Contribute
Be the first to comment
* Your comment can be maximum of 2500 characters
Notify me when reply is posted   

Related Links

Medindia Health Network

Tweet this page Share this page
500 + Health news categories
Latest Health News From Leading Resources
Updated every 30 minutes
World Diabetes Day
Select a News Category
News Archive
Date :
Category :
Keyword :
Medindia on Facebook
Feedback  Advanced Search
Last Updated - - Designed & Content Managed by Medindia Health Network Pvt Ltd. Hosted & Technical Support by FrontPoint Systems
DisclaimerThe contents of this site are for informational purposes only. Always seek the advice of a qualified physician for any doubts.
To Read full Disclaimer Click Here!
Best viewed with resolution 1024x768 px.
Advertise with us |  Medindia Copyright |  Privacy Policy | Terms of Use |  © All Rights Reserved 1997 - 2009