Estonia company wants to pull 2.6 billion barrels of oil from Utah
deseretnews.com
An Estonia company that claims it has perfected turning oil shale into fuel oil during the past 30 years wants to mine rock from a remote region of the Uintah Basin, tapping 2.6 billion barrels of oil in the decades to come.
That staggering production, 50,000 barrels of oil per day, would represent one-third of Utah’s liquid fuel consumption and is touted to emerge from a processing and refining plant that would put power back into the energy grid.
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