ElPolaco
22 Mar 2011
News / "Shale Gas Revolution" will make Poland a Leading Country in Europe! [202]
Oil shale was mined in this area. All the operations were closed down in the early 80s, the process to extract the oil from the shale was just too expensive. They've since come up with a more cost effective methold, but I guess it isn't that much cheaper, because they never reopened the operations. However, the oil companies continued drilling for oil and natural gas. Helped both the legal and illegal economies for a while (drillers love their meth). Then a few years ago the drilling stopped. Oil companies claimed Colorado taxed them too much and the environmental laws were too strict. In reality there are no major pipe lines or refineries nearby so they just drill here when gas prices go way up.
Oil shale was mined in this area. All the operations were closed down in the early 80s, the process to extract the oil from the shale was just too expensive. They've since come up with a more cost effective methold, but I guess it isn't that much cheaper, because they never reopened the operations. However, the oil companies continued drilling for oil and natural gas. Helped both the legal and illegal economies for a while (drillers love their meth). Then a few years ago the drilling stopped. Oil companies claimed Colorado taxed them too much and the environmental laws were too strict. In reality there are no major pipe lines or refineries nearby so they just drill here when gas prices go way up.