New Push For Oil Shale Is Continued Failure

2012-05-3

On May 1, 1982, nearly 10,000 people worked at Exxon’s Colony Oil Shale project on Colorado’s Western Slope. Twenty-four hours later, Exxon shut the Colony project down. Thousands of people were left jobless and the region’s economy was devastated. This week marks 30 years since the disaster at Colony; what was to become known as… Read more »

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Chevron backs out of oil shale development

2012-02-29

On Wednesday, The Colorado Independent reported that Chevron was pulling out of oil shale development in western Colorado. “Chevron has notified the Bureau of Land Management (BLM) and the Department of Reclamation, Mining and Safety (DRMS) that it intends to divest its oil shale research, development and demonstration lease in the Piceance Basin in Colorado,”… Read more »

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#oilshalefail

2012-02-13

[wpvideo LojNFtp1] If you’re having trouble viewing the video, watch it on our YouTube or Vimeo pages. Update 2/15/12, 6:34 PM EST: Co-director Matt Garrington’s statement on the failure of the Polis amendment which would have struck Lamborn’s oil shale boondoggle from the highway bill: “We applaud Rep. Polis for recognizing the failure of H.R…. Read more »

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NRDC: CBO Concludes that Oil Shale Fail Equals Transportation Fail for the Boehner Package

2012-02-10

As The Checks and Balances Project reported earlier this week, the Congressional Budget Office (CBO) has determined that Rep. Lamborn’s oil shale bill would yield zero revenue. But prior to CBO’s evaluation, Lamborn seemed to echo the same conclusion: The fact that oil shale would not be able to contribute to the nation’s financial future… Read more »

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