Show East Utah Oil Shale Rated Best in World The oil shale deposits in east Utah western Colorado and southern Wyoming are consid- consid considered ered some of the best in the world according to a newly newly- published study ol of the Geological cal Survey of the Department of Interior THE REPORT says Fine grained sedimentary rocks such as containing ial fal amounts of combustible or- or organic or ganic matter constitute aD an enormous low grade source of potential energy DEVELOPMENT of the great oil shale reserves is underway but two major barriers remain One Is the Interior Departments Department's lid on leases and production from federal lands and the theother theother other Is a method of extracting the oil Studies show that the high grade shale in this area can be mined at prices comparable to or a little above the present prices of petroleum or tar coal products THE SURVEY SAID that the worlds world's oil shale reserves may may contain as much as times as much energy as the present annual world consumption |