Investing in precious metals 101

Microwaving Oil Shale?

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  • Thu, Oct 23, 2008 - 01:18pm

    #1
    ladamski99

    ladamski99

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    Microwaving Oil Shale?

http://www.reuters.com/article/pressRelease/idUS126282+10-Jan-2008+PRN20080110

Has anyone else heard of this? If their numbers are correct, that really is a lot of oil.

 I’m really just curious if anyone has looked at this and found the "catch"

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  • Thu, Oct 23, 2008 - 03:15pm

    #2

    Reuben Bailey

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    Re: Microwaving Oil Shale?

My guess for the catch is EROEI.  It is "great" that they can produce these products with little refining left to do, but what is the energy cost for the process?  This includes the mining/transportation of the feedstock and the actual microwaving.  Even more, what are the environmental costs of the mining and disposing of the ash?  I have heard about it before, but I have no idea what the answers are to these questions.

All the best.

  • Sat, Oct 25, 2008 - 09:00am

    #3

    krogoth

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    For sure energy

Shale only works when prices of oil is higher than the cost to produce Shale oil. And I have read a few articles about Microwaving, and it actually raises the price. Using energy to make energy products is a fools game.

 

 

 

 

 

 

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