Chevron halting oil shale effort

Chevron Corp., one of the three companies issued leases to experiment on oil shale in 2007, is “divesting” its lease in northwest Colorado. “While our research was…




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Did C hevron cite changing rules?  No, the company wants to redeploy its capital.  Club20 can try to shoe horn reality into its agenda, but if Chevron thought there was money to be made (i.e. positive ROI) then they would stick around.  Blame the resource, blame the imperfect technology.  But as much as you really, really want to blame Obama, I find it a bit of a stretch not supported by this article or any of the facts of which I am aware.

Another step in forcing a lifestyle change down our throats. The greenies pipedream of green energy supplying 100% of our energy needs keeps them driven to create conditions for $10 + a gallon gas, $1000 a month basic home utility bills, higher costs for just about everything we need, and loss of jobs for blue collar working people in the energy industry and elsewhere.

As the bumper sticker from the 1980’s energy bust so proudly displayed: 

” Are you out of work, broke and hungry? EAT AN ENVIRONMENTALIST!”

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