The Institute for Energy Research is a not-for-profit organization that conducts intensive research and analysis on the functions, operations, and government regulation of global energy markets.

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February 25, 2009

Interior Decision on Oil Shale Locks Away American Energy Resource Larger than Total Reserves of Middle East

February 25, 2009
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FOR IMMEDIATE RELEASE
February 25, 2009
CONTACT:
Laura Henderson (202) 621-2951

IER: Interior Decision on Oil Shale Locks Away American Energy Resource Larger than Total Reserves of Middle East

WASHINGTON, D.C. – Institute for Energy Research (IER) president Thomas J. Pyle issued the following statement today after the Interior Department announced its plans to withdraw from consideration acreage in Colorado, Utah and Wyoming where research and development of a small portion of our nation’s homegrown oil shale reserves had previously been scheduled to take place:

“Earlier this week, Secretary Salazar suggested America’s massive and homegrown reserves of oil shale held ‘great potential.’ Unfortunately, the Interior Department’s decision today may help ensure that potential never becomes reality – in the process, locking-away an American energy resource larger than the total reserves of the entire Middle East.

“At a time of great economic uncertainty, with millions of Americans out of work and state budgets stretched beyond their breaking point, responsible development of America’s abundant shale resources could be a way out of our current condition, and a way back to a better one. The Interior Department’s announcement today effectively forecloses that opportunity.”

NOTE: In a story posted Sunday by the Salt Lake (City, Utah) Tribune, reporter Thomas Burr quoted Secretary Salazar as saying to a group of western governors gathered in Washington that oil shale had “great potential.”

More from IER on the potential and promise of America’s massive reserves of oil shale:

The Institute for Energy Research (IER) is a not-for-profit organization that conducts intensive research and analysis on the functions, operations, and government regulation of global energy markets. IER maintains that freely-functioning energy markets provide the most efficient and effective solutions to today’s global energy and environmental challenges and, as such, are critical to the well-being of individuals and society.

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www.InstituteforEnergyResearch.org


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  • http://washuu.net Ellen

    They want us back to the Stone Age. Don’t they realize shale IS a stone, until you squeeze it?

  • http://washuu.net Ellen

    They want us back to the Stone Age. Don’t they realize shale IS a stone, until you squeeze it?

  • http://washuu.net Ellen

    They want us back to the Stone Age. Don’t they realize shale IS a stone, until you squeeze it?

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  • The Old Guy

    One should not be surprised.

    The Obama/Pelosi/Reid Democratic administration’s goal can be summed up as “every man a serf”, in thrall to the Government.

    And serfs will not be permitted much energy, since energy is a fairly good proxy for financial and individual liberty.

  • The Old Guy

    One should not be surprised.

    The Obama/Pelosi/Reid Democratic administration’s goal can be summed up as “every man a serf”, in thrall to the Government.

    And serfs will not be permitted much energy, since energy is a fairly good proxy for financial and individual liberty.

  • The Old Guy

    One should not be surprised.

    The Obama/Pelosi/Reid Democratic administration’s goal can be summed up as “every man a serf”, in thrall to the Government.

    And serfs will not be permitted much energy, since energy is a fairly good proxy for financial and individual liberty.

  • pa

    I’d like to suggest just one little change in one little word:

    “…could be a way out of our current condition, and a way FORWARD to a better one.”

  • pa

    I’d like to suggest just one little change in one little word:

    “…could be a way out of our current condition, and a way FORWARD to a better one.”

  • pa

    I’d like to suggest just one little change in one little word:

    “…could be a way out of our current condition, and a way FORWARD to a better one.”

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  • kirk broussard

    if americans wonder why we are in this terrible shape [ financially], its becuase our leaders are EMBEDDED WITH THE ARABS] and selling the future of our children. you sure wont see OBAMA talking about that,or why illegals are over our counrty and jobs.this country is great, to bad our leaders arent”””””””””””””’

  • kirk broussard

    if americans wonder why we are in this terrible shape [ financially], its becuase our leaders are EMBEDDED WITH THE ARABS] and selling the future of our children. you sure wont see OBAMA talking about that,or why illegals are over our counrty and jobs.this country is great, to bad our leaders arent”””””””””””””’

  • kirk broussard

    if americans wonder why we are in this terrible shape [ financially], its becuase our leaders are EMBEDDED WITH THE ARABS] and selling the future of our children. you sure wont see OBAMA talking about that,or why illegals are over our counrty and jobs.this country is great, to bad our leaders arent”””””””””””””’

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  • Roger W Law

    . . . “Change we can believe in” or “Hope and Change” . . . Bah Humbug! If this is the “Change we can believe in,” it’s going to be a long four years. It may be Change, but for all the folks that were screaming about high gasoline prices and voted for the ninny that claims to be the 44th POTUS, look what you have done. You have placed your Hope in a deceiver and a liar. Good luck with that.

    This decision by Secretary Salazar and the current administration is deeply troubling and a very bad decision for the economic future of the United States of America. Unbelievable. –RWL 02/26/2009

  • Roger W Law

    . . . “Change we can believe in” or “Hope and Change” . . . Bah Humbug! If this is the “Change we can believe in,” it’s going to be a long four years. It may be Change, but for all the folks that were screaming about high gasoline prices and voted for the ninny that claims to be the 44th POTUS, look what you have done. You have placed your Hope in a deceiver and a liar. Good luck with that.

    This decision by Secretary Salazar and the current administration is deeply troubling and a very bad decision for the economic future of the United States of America. Unbelievable. –RWL 02/26/2009

  • Roger W Law

    . . . “Change we can believe in” or “Hope and Change” . . . Bah Humbug! If this is the “Change we can believe in,” it’s going to be a long four years. It may be Change, but for all the folks that were screaming about high gasoline prices and voted for the ninny that claims to be the 44th POTUS, look what you have done. You have placed your Hope in a deceiver and a liar. Good luck with that.

    This decision by Secretary Salazar and the current administration is deeply troubling and a very bad decision for the economic future of the United States of America. Unbelievable. –RWL 02/26/2009

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  • JLL

    Savior ni Savior, comemierda. Nadie dijo que el era el SAvior imbesil. Tu lo dijistes. Continue to delay the possibilities of other energy sources and we will be back in the Stone Age.

  • JLL

    Savior ni Savior, comemierda. Nadie dijo que el era el SAvior imbesil. Tu lo dijistes. Continue to delay the possibilities of other energy sources and we will be back in the Stone Age.

  • JLL

    Savior ni Savior, comemierda. Nadie dijo que el era el SAvior imbesil. Tu lo dijistes. Continue to delay the possibilities of other energy sources and we will be back in the Stone Age.

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