[Ost-news] 'It doesn't feel the same'-- Oil Shale from the US Midwest

Oil Sands Truth: Shut down the Tar Sands - social and environmental impacts of tar sands heavy oil projects across North America news at resist.ca
Thu May 3 12:17:25 PDT 2007


The oilshale investors _should_ feel safe. The dwindling of energy reserves globally combined with the "instability" of the larger conventional oil fields left makes the price of petroleum safely unable to go down as it did in 1982 with the Saudis unleashing massive new volumes to undermine the USSR (it worked). That cannot happen today because the Saudis don't have such reserves.

So now, cutting the top off of Colorado, flipping it over and melting it down like lead is on the agenda. Good business sense is not necessarily good sense, and in this case it is suicide by petrol.

[read more][1]

    [1]: http://oilsandstruth.org/it-doesnt-feel-same-oil-shale-us-midwest

URL: http://oilsandstruth.org/it-doesnt-feel-same-oil-shale-us-midwest



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