Oil Shale Mining Claims Hearing Before the Subcommittee On Mineral Resources D
Oil Shale Mining Claims Hearing Before the Subcommittee On Mineral Resources D
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" (C-313, p. 46) The dormant pre-1920 oil shale claims that were plas- tered on a wholesale basis over the public domain have been re- vived, not because they have any present value for mining purposes, but because they have a speculative or prospective value as a result of the competition among oil companies to gain a position In oil shale or by reason of their potential value as a possible source of synthetic liquid fuel at sometime In the unknown future. There Is some Indication that the oil... shale speculative bubble of the 1960s may be approaching another burst. In 1964 the Colorado School of Mines was Instrumental In Initiating the first Ua / of a series of annual Oil Shale Symposiums. The fifth annual Oil Shale Symposium was held in May of this year. The Rocky Mountain News on May 4, 1968, reported on the symposium as lib / follows: "Production of crude oil alone from shale probably can not now compete commercially with oil from wells. "However, increased demand for oil, de^ creasing production, and the atadily /sic7 eochanced price will be met by an almost inexhaustible supply of oil shale, cheap mining.
What to read after Oil Shale Mining Claims Hearing Before the Subcommittee On Mineral Resources D?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress Senate Committee On Ener to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
" (C-313, p. 46) The dormant pre-1920 oil shale claims that were plas- tered on a wholesale basis over the public domain have been re- vived, not because they have any present value for mining purposes, but because they have a speculative or prospective value as a result of the competition among oil companies to gain a position In oil shale or by reason of their potential value as a possible source of synthetic liquid fuel at sometime In the unknown future. There Is some Indication that the oil... shale speculative bubble of the 1960s may be approaching another burst. In 1964 the Colorado School of Mines was Instrumental In Initiating the first Ua / of a series of annual Oil Shale Symposiums. The fifth annual Oil Shale Symposium was held in May of this year. The Rocky Mountain News on May 4, 1968, reported on the symposium as lib / follows: "Production of crude oil alone from shale probably can not now compete commercially with oil from wells. "However, increased demand for oil, de^ creasing production, and the atadily /sic7 eochanced price will be met by an almost inexhaustible supply of oil shale, cheap mining.
What to read after Oil Shale Mining Claims Hearing Before the Subcommittee On Mineral Resources D?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress Senate Committee On Ener to read onlineMoreLess
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