Very shortly after the Presidential Election of 2012, President Obama’s Secretary of the Interior, Ken Salazar, has announced that the Administration will shut out 2/3rd of the public land slated for oil shale development, will instead be closed to it.
Just a first in what is going to be another really long four years.
YIT ~ Shelly
US limits oil-shale development in Rocky Mountains
By: PAUL FOY | Associated Press
Published: November 09, 2012
SALT LAKE CITY (AP) The U.S. Department of the Interior scaled back a Bush administration plan Friday to lease Western range lands for development of oil shale and tar sands, the unconventional sources of oil found in pockets of the Rocky Mountains.
Federal officials said they were set to make 1,250 square miles of public land available for commercial leasing in Colorado, Utah and Wyoming. That's a third of the range lands that President George W. Bush planned to offer, and the new administration said it was taking wilderness-quality lands off the table.
On paper, the Rocky Mountain oil shale deposits could yield a great abundance of oil more than 1 trillion barrels but environmental groups say it would involve ripping up public lands and depleting scarce sources of water. Political leaders in Arizona and Nevada and farmers worry about a diversion of Colorado River water. Big-game hunters oppose the intrusion of mining. Thousands of pages of comments have been filed on the plans. Click here to read the full
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