A new nonprofit organization will advocate for the responsible development of oil shale in the United States.
Headquartered in Glendale Springs, the National Oil Shale Association says its mission is to educate the public about the alternative oil source.
The organization believes oil shale production – extracting oil from rocks in places like the Piceance Basin near Rifle, Colo. – could play a significant role in reducing dependence on foreign oil.
While found in many places throughout the world, some 60 percent of the world’s potentially recoverable oil shale resources are concentrated in the Eastern and Western United States.
The deposits are estimated to contain 800 billion barrels of extractable oil. This is comparable with the world’s total proven crude oil reserves.