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Environment & Energy

earthside

(6,960 posts)

1. This too will fail.

Reply to xchrom (Original post)

Thu Dec 26, 2013, 11:26 AM

Dec 2013

There have been oil shale extraction projects going back at least 50 or 60 years now.
They have all ended up in failure because ultimately the physics just don't work.

There is the whole 'energy invested on energy returned' problem.

Much bigger energy corporations with much deeper pockets than Red Leaf Resources have tried this and eventually given up.

The renewed interest in trying to extract kerogen from rock demonstrates once again the truth of Peak Oil.
The production of cheap, easy to produce petroleum has peaked and we are well into the phase of 'unconventional' oil production. Maybe this plateau will last another five or ten years ... then it is off the cliff.

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