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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: hdl who wrote (87052)3/11/2013 12:30:13 PM
From: Bonefish1 Recommendation  Respond to of 119361
 
I still say Golda was right.



To: hdl who wrote (87052)3/11/2013 12:33:41 PM
From: Pogeu Mahone  Read Replies (1) | Respond to of 119361
 
that article is based on 2005 &2007 estimates

A 2005 estimate set the total world resources of oil shale at 411 gigatons — equivalent to yield of 2.8 to 3.3 trillion barrels (450 to 520 billion cubic metres) of shale oil, with the largest reserves in the United States, which is thought to have 1.5–2.6 trillion barrels (240–410 billion cubic metres), though only a part of it is recoverable. [4] [5] [6] [7] According to the 2010 World Energy Outlook by the International Energy Agency, the world oil shale resources may be equivalent of more than 5 trillion barrels (790 billion cubic metres) of oil in place of which more than 1 trillion barrels (160 billion cubic metres) may be technically recoverable. [1] For comparison, the world's proven conventional oil reserves are estimated to be 1.317 trillion barrels (209.4 billion cubic metres), as of 1 January 2007. [8] There are around 600 known oil shale deposits. [9]