Wednesday, September 10, 2008

BLM Identifies Vast Western Oil Shale Field The Bureau of Land Management (BLM) has identified some 1.9 million acres of public lands in Utah, Colorado, and Wyoming to be set aside for commercial production of oil from oil shale and tar sands. BLM believes shale and tar sand deposits on the identified lands hold the equivalent of 800 billion barrels of oil, enough says BLM, to meet U.S. demand for imported oil at current levels for 110 years. Earlier this year, Congress enacted a moratorium on the future leasing of lands for oil shale and tar sand production. President Bush has now asked Congress to lift the moratorium, allowing BLM to create rules regulating how the lands will be leased to commercial oil producers....

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