Prof. Hamilton has a thoughtful post on the use of oil shale as an alternative to oil. The bottom line is that oil shale is indeed one possible alternative to oil, but that it isn’t a particularly attractive alternative. I highly recomend reading the whole thing.
Prof. Hamilton on Oil Shale
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One response to “Prof. Hamilton on Oil Shale”
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Steve:
I think Prof. Hamilton’s statement on Saudi Oil Reserves may be a bit misleading. I don’t know what the Saudi Oil Reserves are, but at the meeting in Johannesburg last week, Ray Tillerman, Pres of Exxon/Mobil was quoted that ” Oil reserves are 3 trillion Barrels” while there are 7 trillion barrels yet to be discovered.
It looks to me like Prof. Hamilton was promoting the Oil Shale thing and was not up front about all the Oil Reserves.
