| Let’s Not Be Hypocrites |
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| Written by Heritage.org | |||
| Monday, 11 August 2008 | |||
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We’ve documented before how countries around the world are setting a break neck pace developing their own natural resources, while the United States, crippled by the environmental left, is failing to add energy production. Just this weekend, Jordan announced it was in talks with Royal Dutch Shell on an agreement to extract oil from the desert kingdom’s 40 billion ton oil shale reserves. Jordan’s Natural Resources Authority head Maher Hjazin told AFP, “If our plans succeed, it would be one of the country’s largest projects to help the Jordan become energy self-sufficient, with a possibility to export oil in the future.” As impressive as Jordan’s oil shale deposit sounds, the U.S. has the world’s largest oil shale deposits. A recent RAND Corp. study estimates that there are 1.5 trillion to 1.8 trillion barrels worth of oil shale in Green River Formation, which goes through Colorado, Utah and Wyoming. That is three times the proven oil reserves of Saudi Arabia. The rest of the world is beginning to notice we say one thing and do another when it comes to developing resources. The American’s Robert Bryce reports:
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