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As I said elsewhere, I've been hearing about these alternative oil sources for so long that I'm very cynical about them -- over and above my normal cynicism.
So how much natural gas did Shell have to burn to get the 1500 barrels out? If that number is on the order of 1500, you don't have an energy source.
Is there any chance in Hell the environmentalists will let Shell (or anyone else) get at the Federal shale? I doubt it; if the United States sat upon the Arabian peninsula the environmentalists would ensure we had an oil shortage.
Refining, at least, won't be a big problem; it can always be piped to Mexico for that.
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