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Parkinson, Gerald. "Oil Shale: The U.S. Takes Another Look at a Huge Domestic Resource." Chemical Engineering Progress. American Institute of Chemical Engineers. 2006. HighBeam Research. 11 Jun. 2014 <http://www.highbeam.com>.
Parkinson, Gerald. "Oil Shale: The U.S. Takes Another Look at a Huge Domestic Resource." Chemical Engineering Progress. 2006. HighBeam Research. (June 11, 2014). http://www.highbeam.com/doc/1P3-1081557521.html
Parkinson, Gerald. "Oil Shale: The U.S. Takes Another Look at a Huge Domestic Resource." Chemical Engineering Progress. American Institute of Chemical Engineers. 2006. Retrieved June 11, 2014 from HighBeam Research: http://www.highbeam.com/doc/1P3-1081557521.html
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Back in the late 1970s and early 1980s, a multitude of petroleum companies with some help from the U.S. government invested some $4 billion in demonstration projects to produce oil from the country's extensive oil shale resources, found mostly in Colorado, Utah and Wyoming. The plan, precipitated by oil shortages caused by the Arab Oil Embargo and the 1979 revolution in Iran, was to reduce U.S. dependence on oil imports.
At the time, the belief was that oil could be produced economically from shale if oil prices were around $40/bbl. The ambitious endeavor fizzled out partly because the supply crisis had passed (oil prices were as low as $10/bbl by 1984) and partly because of the difficulty of developing practical ways to extract oil from shale. …
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