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[NYBob]

Sen. Orrin Hatch (R-Utah) -

RE: Colorado and Utah, there is more recoverable oil than in the Middle East?" -

Ex....Grace Gratia Gratus....

Sen. Orrin Hatch (R-Utah) -
was asked to testify today in front of the Senate Energy
and Natural Resources Committee on his efforts to
develop fuel from a vast untapped domestic oil reserve
in tar sandsand oil shale --
a large part of which sits in eastern Utah.

"Who would have guessed that in just Colorado and Utah,
there is more recoverable oil than in the Middle East?"
Hatch said....

"We just don't count it among our nation's oil reserves
because it is not yet being developed commercially.
I find it disturbing that Utah imports oil from Canada
tar sands, even though we have a larger tar sands resource
within our own boundaries that remains undeveloped."

According to the U.S. Department of Energy, recoverable oil
shale in the western United States --
located mainly in Utah, Colorado and Wyoming --
exceeds one trillion barrels and is the richest --
and most geographically concentrated oil shale and tar sands
resource in the world.

Hatch noted that Canada recognized the potential of the
large tar sands deposits in the province of Alberta
and developed a government policy to go promote
their development -- increasing its oil reserves
by more than a factor of 10.

Hatch is working with Senators Bennett (R-Utah),
Allard (R-Colo.), and Salazar (D-Colo.) to develop a bill -
that would encourage development of commercially -
viable oil from oil shale and tar sands.

http://www.freerepublic.com/focus/f-news/1388012/posts

U.S. HAS MASSIVE OIL RESERVES -

http://www.americanfreepress.net/html/u_s__has_massive_oil.html

dd....
http://www.ru308.com/



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