VIDEO: Session 4: The Costs and Benefits of Oil Shale Development

• Main Authors: Bartis, Jim, Vawter, Glenn, Udall, Randy
• Format: Text
• Language: unknown
• Published: Colorado Law Scholarly Commons 2010
• Subjects: oil shale development; oil shale; costs; benefits; Rand Corporation; prospects; strategic significance; domestic oil shale industry; critical policy issues; U.S. energy; big picture; oil production; global liquids production; million barrels per day; liquids consumption; imports; problems with oil; expensive; insecure supplies; environmental damage; greenhouse gases; GHGs; limited alternatives; biomass; climate-friendly; efficiency; electrification; oil shortage; shortage of crude oil; Frank Knox; Peak Oil; COAS; crude oil anxiety syndrome; global production of conventional oil; extraction costs; technology advances; Colorado; Green River Formation; largest deposits in the world; high recoverable estimates; U.S. demand; barrels per day; bpd; development timeline; development stage; R&D; research and development; facility size; total production; pilot plant; scale-up; commercial operations; economic gains; lower oil prices; new jobs; geopolitical benefits; economic profits; employment benefits; federal government; state government; local government; lease bonus payments; royalties; corporate income taxes; shale oil jobs; U.S. consumers; national security; increased supplies; oil-exporting countries; U.S. interests; weapons; munitions manufacture; terrorist organizations; portfolio of measures; technical issues; environmental issues; governance issues; environmental impacts; socioeconomic impacts; land use; ecological impacts; air quality; climate change; CO2 emissions; water quality; Colorado River drainage basin; leaching of salts and toxics; public services; pioneer facility; spent shale; market risks; federal lands; leasing; BLM; U.S. Bureau of Land Management; water consumption; Colorado River Basin; incentives for pioneering firms; royalty payments; tax incentives; public interest; higher royalty payments; intensive development; reliable information; multidimensional oversight; port authority approach; mining; surface retorting; large-scale testing; in-situ conversion; groundwater contamination; oil shale industry; National Oil Shale Association; NOSA; huge resource; sustainable development; economically feasible; technology; RD&D; Research Development and Demonstration; misconceptions; Black Sunday; environmental mitigation strategies; inferior hydrocarbon resource; federal leasing; social impacts; federal government funding; federal production mandates; stricter regulations; in situ technologies; Piceance Basin; need for federal resources; commercialization of surface technologies; private research; industry investments; long term profit potential; conventional petroleum; oil shale technologies; technical risk; investment risk; domestic resource; offshore political risk; economically viable; small commercial operations; BLM leases; 10-year leases; state requirements; hydro data; development plan; permit approvals; reclamation bonding; AMSO; American Shale Oil Corporation; conventional oil and gas; cost estimates; 1970s; improving economic return; reducing investment risk; costs of shale oil production; project maturation; demonstration plants; public benefits; technical parameters; Unocal plant; Battlement Mesa; revenues; taxes; fees; jobs; infrastructure improvements; long lived industry; oil supply security; decrease gasoline prices; obstacles; regional opposition; carbon management; water issues; air issues; technical solutions; regulatory obstacles; wildlife; social benefits; Estonian Oil Shale Plant; petroleum; transportation system; liquid fuels; transportation fuels; oil importation; costs and benefits; cost-benefit analysis; jet fuel; gasoline; diesel; oil shale projects; Shell; Chevron; Total; Exxon; OSEC; EcoShale; Paraho; Enshale; Enshale Pilot Plant; Utah; Shell Mahogany Project Freeze Wall; Schlumberger; AuraSource; Quasar Energy LLC; Percy Kean Clean Technologies; IEP; Independent Energy Partners; Mountain West Energy; PetroProbe; University of Denver; Phoenix-Wyoming; Natural Resources Recovery; Millennium Synfuels; Chattanooga Corporation; CRE Energy; Global Resources; Natural Soda/Sentient; General Synfuels International; ConocoPhillips; Encana; Anadarko; The Elusive Bonanza; Yankee ingenuity; chasing a mirage; hype; U.S. Department of Energy; DoE; Colorado oil shale follies; oil riches; Denver Post; Paul Foy; rising crude oil prices; Canadian tar sands; ethanol; GTL; gas to liquid; CTL; coal to liquid; production of oil shale; metric tons; Estonia deposit; Russia; Leningrad deposit; Kashpir deposit; United Kingdom; UK; Scotland; Lothians; Brazil; Irati Formation; China; Maoming deposit; Fushun deposit; Germany; Dotternhausen; Sub-salt; Tupi; well costs; petroleum quality; conventional; unconventional; API gravity; permeability; Prudhoe Bay; North Dakota; kerogen; tons; barrels; immature source rock; plankton; sediment; black shale; sapropelic coal; energy content; fuels; natural gas; crude oil; coal; cattle manure; firewood; municipal trash; baked potatoes; BTU/ton; British Thermal Units; energy; Oil & Gas Journal; nuclear energy; in-situ; electricity; energy return; Greenpeace; carbon budget; energy alternatives; global carbon emissions; fossil fuels; Red Leaf Resources Ecoshale Process; in-capsule process; low water use; Electrofrac; hydraulic fracture; fracking; fracing; hydraulic fracturing; electrically conductive; conductive heating; production wells; injection well; extraction well; U.S. oil production; OPEC; Organization of Petroleum Exporting Countries; FSU; Former Soviet Union; energy transition; oil consumption; remaining oil; conventional oil; tar sands; bitumen; coal liquids; regional coals; Colorado Coal Quality Data; resource quality; unconventionals; Administrative Law; Climate; Energy and Utilities Law; Energy Policy; Environmental Health and Protection; Environmental Law; Environmental Policy; Geotechnical Engineering; Land Use Law; Natural Resource Economics; Natural Resources Law; Natural Resources Management and Policy; Oil; Gas; and Energy; and Mineral Law; President/Executive Department; Public Policy; Science and Technology Law; State and Local Government Law; Water Law; Water Resource Management; Bonanza; Knox Peak; Nosa; Percy; Yankee
• Online Access: https://scholar.law.colorado.edu/promise-and-peril-of-oil-shale-development/3; https://youtu.be/6Omb1SZ_t-4

VIDEO: 10:45 a.m. - 12:00 p.m. SESSION 4: The Costs and Benefits of Oil Shale Development Moderator: Mark Squillace, Director, Natural Resources Law Center Speakers/Panelists: Randy Udall, Co‐founder, Association for the Study of Peak Oil‐USA Jim Bartis, Senior Policy Researcher, Rand Corporation Glenn Vawter, Executive Director, National Oil Shale Association