Let’s write off Kiplinger from making any sense whatsoever. First the idiotic comments on oil shale, at this point we don’t even know if it will produce positive net energy. You do realize the process includes creating a freeze wall underground and then heating everything in it for a couple of years. $50 per barrel production costs, ha! it is so energy intensive that production costs will outstrip the cost of oil itself. Oh yeah, where is all the water going to come from to make the process work… I guess the west does not have drought to worry about. Then f’ing Bakken Play being 100 billion barrels, even the ever optimistic EIA says we will only be able to get at 4 billion or so using ultra high technology horizontal and MRC wells. As for the off shore resources, 80% of that is available to be drilled today in the gulf, no action needed. Finally oil sands. Lets see, where are you going to get all that stranded natural gas to heat the sands and crack the long chain hydrocarbons that makes it work in Alberta. I just ain’t here. Dumb.
