News release: “The Department of the Interiors Bureau of Land Management today published proposed regulations to establish a commercial oil shale program that could result in the addition of up to 800 billion barrels of recoverable oil from lands in the western United States. In keeping with the Energy Policy Act of 2005 and the Mineral Leasing Act of 1920, the BLM is proposing regulations that would provide the critical rules of the road on which private investors will rely in determining whether to make future financial commitments to prospective oil shale projects.”
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