Outgoing U.S. Interior Secretary Ken Salazar on Friday announced decisions on oil shale research and development in Colorado, proposing new requirements that companies prove the viability of oil shale extraction before seeking full development rights on federal public lands.
If the companies can prove their techniques can produce oil and from oil shale at commercial rates, then they can pursue additional federally owned land for development, according to the decision.
The department also is seeking…
Outgoing U.S. Interior Secretary Ken Salazar on Friday announced decisions on oil shale research and development in Colorado, proposing new requirements that companies prove the viability of oil shale extraction before seeking full development rights on federal public lands.
If the companies can prove their techniques can produce oil and from oil shale at commercial rates, then they can pursue additional federally owned land for development, according to the decision.
The department also is seeking…
