| Show 1 I proposes cost-shared oil shale program to of Energy A Joint cost-shared program to advance oil shale development by determining the reliability and economics of full-scale equipment has been proposes in Washington D. by the Development Corporation of Grand Harry Program said proposal to the Department of Energy Involves a federal expenditure of funds authorized and of to million for the initial phase of a program to build a full-size module of the type that would be used in a 16 to 20 module processing plant capable of producing barrels of shale oil per Part of the the technology and operating personnel would be furnished by two energy The Standard Oil Co and Phillips Petroleum a mining The Cleveland-Cliffs Iron and the engineering Arthur G. McKee Department of Energy has stated its objective is to reach barrels per day of shale oil production by To come even close to this the federal government needs to get underway at once and put all programs on a The proposal calls for the start of construction this year of a full-size retorting module to be operating in According to Its successful combined with appropriate profit Incentives from would result In private industry's committing itself to the construction of several commercial plants for above ground retorting in These could be operational before states producing as much as barrels per day of shale He predicts that rapid expansion of production would follow and might exceed a million barrels per day by the year developer of a patented process used to produce crude oil from oil shale has extensive experience in mining and retorting oil shale at the federally-owned Anvil Points facility near During a million test program funded by private barrels of the shale oil were refined into fuels and tested by the produced barrels of crude shale oil for the The crude oil was shipped late in 1978 to the Ohio refinery of The Standard Oil Company where it is being treated and refined for testing by the The Anvil Points where the mining and production were lies within a three-state area known as the Green River Covering square the formation has shale deposits containing an estimated trillion barrels of The recoverable oil from these deposits has been estimated by the federal government to be twice that of the Middle The shale is actually a cousin of The marlstone contains called which decomposes to produce gas and liquid shale oil when heated to about degree During the prospectors in northwest Colorado were startled when rocks they used to bank their fires burst into flame a phenomenon apparently caused by the decomposition of the in marlstone The proposal calls for a determined effort to develop this untapped natural Says the government gets its act snips some red tape and puts a reasonable priority on shale oil development as an alternate energy then the American public can be using energy made from oil squeezed out of rock sometime before |
