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Getting oil out of sand used to be very expensive
Thu Aug 18, 2011 10:24pm

For decades it was not economical to collect our vast reserve of oil from our sands with the available technology back then. With the latest technology it became cheaper and faster to extract that oil.

One day it will be viable to process oil shale as technology advances.

  • i think oil will be over far soonermatthew, Sun Aug 14 1:21pm
    because of 5 billion people in asia, africa, south ameria all buying cars & suvs. and btw, oil shale is very expensive to process.
    • Getting oil out of sand used to be very expensive — Mike, Thu Aug 18 10:24pm
      • Oil shale already viable.Lewis, Fri Aug 19 8:15am
        They're doing it now in the Eagle-Ford formation, in which my wife has a very small financial interest. It's simple: Oil and water don't mix - so water is forced into the shale, the oil floats to the ... more
    • Of course it is.Lewis, Mon Aug 15 8:19am
      And yet the processing of it is very profitable (it's called "fracking" - water under pressure is squirted down the well, and the oil/water mixture is the separated. Not real hard to do, because oil... more
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