From Agence France Presse:
Energy-poor Jordan said on Sunday it was in talks with Anglo-Dutch group Royal Dutch Shell on an agreement to extract oil from the desert kingdom’s 40-billion-tonne oil shale reserves. “Negotiations with Shell to sign a deal to process oil shale in Jordan are nearing an end,” said Maher Hjazin, head of the state-run Natural Resources Authority.
“If our plans succeed, it would be one of the country’s largest projects to help the Jordan become energy self-sufficient, with a possibility to export oil in the future.”
From the Fort Collins Coloradan, reporting on a town hall meeting sponsored by the state chapter of the free-market advocates, Americans for Prosperity: “Meeting participants advocate developing new sources of oil“:
Michael Amodeo, a spokesman for U.S. Sen. Ken Salazar, who did not attend the meeting, said the main reason shale oil isn’t being excavated now is the technology to do so does not yet exist. While Shell Oil is pursuing promising technologies, it is still years away from being ready for commercial development.
“The Interior Department and oil companies themselves have admitted that we won’t see any impact until 2015,” Amodeo said.
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