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  #14  
Old 05-23-2008, 06:49 PM
Kevin Kevin is offline
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Join Date: Feb 2002
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Quote:
Originally Posted by nate2512 View Post
And they've also said that extracting the oil from shale is much too expensive to do it at this point, so they aren't currently expanding on that horizon.
I don't know what the status of it is, but Shell a few years ago announced that they had developed a process whereby oil in shale formations could be recovered for ~$30/barrel cost.
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