Oil shale/ Coal bed methane plays Message Board

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Gold/Mining/Energy : Oil shale/ Coal bed methane plays

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To: CLK who wrote (2)	3/1/1997 6:25:00 AM
From: Bearcatbob	of 14

CLK and Thall. In the 70's I worked on a number of Oil Shale projects. The capital costs are so high and the free market price of oil so low that without a federal policy oil shale will not happen in our lifetime. I've always thought that a case could be made for a federal investment as an antidote for sending billions of dollars overseas for oil imports. I knew the game would work when a South African project could not be justified. Also, does anyone know what the free market price of products are from SASol or is it subsidized to stay in operation,

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