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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (145883)	5/15/2001 11:39:53 PM
From: Scumbria	Read Replies (1) \| Respond to of 769670

DMA, Carter's oil shale program was based on 50% private/50% public funding. The idea was that oil shale was not economical in 1980, but would eventually become economical as other sources dried up, and as the technology for extraction became mature. This was very sensible approach, and was strongly backed by industry. Frankly I'm happy that it went away, because exploitation of oil shale would cause significant damage to Colorado. I doubt that was Reagan's intent for killing it. Scumbria