Despite Vast Resources, US Holds Off on Issuing Oil Shale Leases

摘要

Oil firms, universities and government labs are pressing ahead with research into technologies that could eventually unlock the vast oil shale resources of the US Rocky Mountain region. However, the federal government is not issuing commercial development leases for the time being. The issue of oil shale development was raised at a hearing in Colorado this week that was hosted by the US House Natural Resources Committee.