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invest72more

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invest72more

Re: jollaksentiefromwork post# 1593

Friday, 01/06/2012 10:24:58 AM

Friday, January 06, 2012 10:24:58 AM

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I don't understand that statement on the website about turning it into refined products. If they could put oil shale into one end of the plant and produce gasoline out the other end, that would truly be revolutionary (I'm sure that is not what they mean or intend to say). There hasn't been a new oil refinery built in the United States since the 70's. You can thank the EPA for that. All of the oil in the Uinta Basin is trucked to SLC. There is no pipeline. Any "oil" produced from this facility would go to be "refined" into gasoline, diesel, jet fuel, etc at the refineries in SLC. The good news is that there are 5 refineries in SLC that have good capacity and supply gasoline etc to surrounding states, including Nevada (Las Vegas).
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