Shell

U.S. Interior Secretary Ken Salazar on Tuesday called on his department’s inspector general to investigate so-called midnight oil shale leasing regulations issued in the waning days of the Bush administration. “We want to avoid the booms and busts of the past,” said Salazar, a former U.S. senator from Colorado, referring to a devastating oil shale bust on the Western Slope in the 1980s. “We want to ensure the potential development is done in a way that is environmentally appropriate.”

Shell Exploration and Production will be conducting a series of community briefings this week concerning their oil shale project between Rifle and Meeker in Rio Blanco County. For the past 25 years, Shell has been experimenting with their “In situ” conversion process that extracts oil from shale. Recent leases on federal land will help Shell [...]