The document discusses investing in oil shale deposits in the United States. It notes that U.S. reliance on foreign oil has decreased to its lowest level in over 20 years due to production from oil shale deposits, with imports down to 40% from 60% a few years ago. The largest known oil shale deposits in the world are in the U.S., with total known reserves of nearly 5 trillion barrels. Investing in finding, extracting, and delivering oil from these large domestic shale deposits is promoted as a way to profit from America's largest petroleum resource. Specific formations like the Bakken in North Dakota and Montana and areas in Texas and Louisiana are highlighted as particularly promising for continued oil and gas production.

1. Invest in Oil Shale

2. Over a year ago we suggested that one look
at investment in sustainable fracking
technology.

3. Recovery of petroleum from oil shale
deposits has allowed the USA to reduce its
reliance on foreign oil to the lowest level in
more than twenty years.

4. Today the USA imports forty percent of its
oil, down from sixty percent just a few years
ago.

5. If predictions hold true the USA will continue
to increase oil and gas production from
fields in both the South and North of the
country.

6. All of this is possible because of the
technology that allows oil and gas extraction
from oil shale deposits.

7. Before you decide to invest in oil shale
consider just how to do it.

8. There are exploration companies, drilling
companies, big oil companies that refine and
sell petroleum products, oil cleanup crews,
and companies that make the robots that
work a mile down in the sea to fix things.

9. . In short there are lots of ways to invest in
oil shale and lots of profits to be made along
the way. Let us look at a few figures.

10. Oil Shale Reserves
Here is a thumbnail sketch of oil shale
deposits.

11. Oil shale deposits of More Than 1 Billion Metric Tons (Wikipedia)
Deposit
Country
Period
In-place shale oil
resources (million
barrels)
In-place oil shale
resources (million
metric tons)
Piceance Basin
United States
Cretaceous
1,525,157[11]
Green River
Formation
United States
Paleogene
1,444,992[11]
Uinta Basin
United States
Paleogene
1,318,964[11]
Phosphoria
Formation
United States
Permian
250,000
35,775
Eastern Devonian
United States
Devonian
189,000
27,000
Heath Formation
United States
Early Carboniferous
180,000
25,578
213,000

12. The largest known oil shale deposits in the
world are in the geological formations of the
USA.

13. The sum total of known reserves as of today
comes to just under $5 Trillion barrels.

14. By comparison the known reserves of the
top oil producing nations come to around 1.3
Trillion barrels.

15. Invest in oil shale deposits, finding them, the
technology for sustainable fracking, and
delivery to the market and prosper.

16. The fundamental analysis of the subjects
tells us that if you invest in oil shale you will
be investing in the largest petroleum energy
resource on the planet.

17. Specifics

18. United States oil exploration and energy
production in the Bakken formation of North
Dakota and Montana and in other areas
continues to be promising as the high price
of oil supports the use of newer, more
expensive drilling and recovery techniques.

19. One is reminded of how the Russian oil
fields were said to be played out.

20. Then, with the collapse of the Iron Curtain,
Western technology was applied and Russia
is the world’s biggest producer of oil
although the USA may regain the title as
more and more companies invest in oil shale
deposits.

21. A unique feature of United State oil
exploration in the Bakken is that the Bakken
shale is a continuous formation, unlike many
areas where the underlying geology has
been broken up over the eons.

22. USGS and Department of Energy reports
state that the use of newer drilling
techniques is increasing yields in the
Williston Basin.

23. Reports also state that with deep drilling
there is currently no pressure depletion with
continued pumping.

24. Picking new winners in oil may well have to
do with hitching a ride with the guys looking
for recoverable oil in the Bakken shale or
areas in Texas and Louisiana with similar
geologic formations.