Utah's Oil Sands MCW Although several of America'
Post# of 1680
Posted On: 11/09/2012 2:13:56 PM
Utah's Oil Sands MCW
Although several of America's western/southern states have oil sands deposits, Utah contains approximately 55% of the nation's total deposits, concentrated in eight major deposit areas with a total resource of over 32 billion barrels of oil. (Source: US DOE).
Recently, though, the U.S. interest in increasing domestic energy sources has intensified technological advances such as MCW's Liquid Extraction System, prices have increased dramatically and the occurrences of significant new reserves of conventional crude oil have become extremely rare. The focus is now on developing U.S. oil sands deposits, with Utah's Oil Sands as a major potential source of domestic energy.
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