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Technology Stocks : VRDM - Veridium Corporation

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To: Harold S. who wrote (89)4/25/2006 9:22:53 AM
From: Crabbe  Read Replies (1) of 133
 
I went to bed last night thinking about Veridium's news release yesterday and wondering what an oil company needed the Tornado Generator(tm) for.

I woke up this morning and thought Oil Shale.

Oil Shale can be pulverized and shipped as a slurry by pipeline to a more suitable place for refining, thus reducing the environmental impact, and enhancing the refining operations. From Yesterdays news release "The technology will be generally used to enhance the operating efficiency and reduce the environmental impact of conventional oil extraction and refining operations."

Just a guess on my part. BTW the US has over 1 -1.2 trillion barrels of oil in shale deposits.

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