jacamar

Energy Firms Should Look to U.S. Shale - Barron's

I agree that oil shale should be the last resort, but only because of the economics of developing oil shale. Unlike Canadian or Venz. bitumen, oil shale has numerous technical challenges.

If we want energy independence in the next 25 years we need to first elect McCain. Second through fourth are equal - develop onshore and off shore resources including ANWR. Figuring out how to build 100-150 nuclear power plants. (Where is all of the lectricity for plug in hybrids and electric cars coming from). Develop coal gasification technology.

Lets eat corn and soybeans and be the bread basket for the world. Yes someday(~ 100 years) we will run out of hydrocarbon in the ground, but by then hopefully we will be self sufficient in nuclear power. Also we should conserve and develop technologies that better utilize energy. The US government (USCAR / PNGV) sponsored a program and gave $100's of millions to the US auto industry to develop a high mileage car. The US OEMs studied and talked about it, spent the money while Honda introduced the Insight and Toyota the Prius and Detroit delivered the mobil Subdivision and three versions fo the Hummer.

But we could solve all of our problems by electimg Obama who will bless the 5 barrels of biodiesel and 2 wind farms and we will have our fill with baskets of energy left over.