New oil shale technology from Shell: In-situ Conversion Process
We'll see if this pans out: Rocky Mountain News: Shell's ingenious approach to oil shale is pretty slick. If it does work out to be economical at $30/barrel and has an EROEI of about 3.5 then we might be ok after all. However, this columnist doesn't mention rates or scaling all that much. She says that it takes about eight months or so to go from normal ground to when the oil starts to come up and that it dried up, and pretty quickly too, about a year later.
I really hope they can get this to scale and produce at a fast enough rate as it does look a lot more promising than other oil shale recovery methods.
Also, here's some testimony that Terry O'Connor of Shell gave before Congress a few months ago regarding In-situ Conversion Process: Committee on Resources-Index
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