Nosa

NOSA News: NOSA ADVOCATES RESPONSIBLE DEVELOPMENT OF OIL SHALE

Dateline: February 19, 2008…. Glenwood Springs, CO
Contact Phone: (970) 389-9879
E-mail: natosa@comcast.net
Web Address: http://www.oilshaleassoc.org

Glenwood Springs, CO - February 19, 2008 - The National Oil Shale Association (NOSA) is fully operational. NOSA is a Not-for-Profit organization dedicated to oil shale education. It is not a lobbying organization. NOSA advocates the responsible development of oil shale in the United States. Our mission is to educate the public about oil shale in a factual manner.

The United States imports some 60% of the petroleum that is refined into products that fuel our cars and trucks. Consumption of petroleum around the world is increasing, and world oil supply is "peaking" according to many experts. This is driving up prices at the pump and leading to a general anxiety about our energy future. Oil shale could play a significant role in making the U.S. less dependent on foreign sources of transportation fuels. This in turn would moderate prices at the pump and enhance the nation's economic well being and improve national security.
Today firms are researching new innovative oil shale technologies to provide economic solutions that can also meet environmental regulations and public expectations. A deliberate and stepwise process is underway that is expected to evolve from the current research to development to demonstration that can result in commercial projects in the next decade. This is in contrast to the "go-too-fast" approach in the boom and bust of the 1970's and 1980's that was very damaging to local communities and even now is cited as a reason to discount oil shale as a future source of energy for our nation.
Commercializing oil shale is challenging from technical, economic and environmental perspectives. Engineers and scientists have tried for over 50-years to develop processes that could be competitive with the production of conventional petroleum. The current industry research efforts hold the potential for finally making oil shale a viable energy source and taking advantage of this huge domestic resource.
While found in many places throughout the world, some 60 % of the world's potentially recoverable oil shale resources are concentrated in the Eastern and Western United States. The largest of the oil shale deposits are found in the 16,500-square-mile Green River Formation in northwestern Colorado, northeastern Utah and southwestern Wyoming. The richest and most easily recoverable deposits are located in the Piceance Basin in western Colorado and the Uinta Basin in eastern Utah. The deposits are estimated to contain 800 billion barrels of extractable oil. This is comparable with the world's total proven crude oil reserves. Oil shale therefore provides the potential for supplanting supplies of petroleum from abroad that are creating national security issues and driving up fuel costs to consumers.
NOSA will complete its educational mission by making information available to schools, civic clubs, government officials and anyone in the public wanting more information about oil shale and energy issues in general. Information will be offered via speakers, documents, e-mail (natosa@comcast.net) and a web site currently under construction. Membership information is available on the NOSA Web site at http://www.oilshaleassoc.org.

 

 

 

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