America could become the worlds largest oil producer

[Hail2theskins]

Originally Posted by steveo395

Coaxing oil from huge U.S. shale deposits

I know this article is old, but this is the first I've ever heard about this. This would solve a lot of problems with the economy and gas prices.

Stansberry & Associates - Matt Badiali's Oil Report
This has a lot more information about it, but its also a guy trying to sell you his magazine.

Very Very Very damaging to the environment harvesting Oil Shale. Also waaaaaaaaaaaaaaaay to expensive to legitimately consider it a viable resource because of two major factors. 1 refining shale into crude or usuable oil is a very expensive processs and 2 due to the regulations this country has in place now that if strip mine anything you have to replace to close to 80 % of its former habitat just make oil shale really an afterthought. I do believe the US could become the largest oil producer once we perfect deep offshore drilling, Theres pockets of Oil in the gulf that would make a middle eastern gusher look like some podunk oil farm in texas.