OIL SHALE
Shale, whether it's in-situ (its
original location) or on the earth's surface, on average
contains about 50% to 70% hydrocarbon (hydrogen and carbon –
i.e. fossil fuels) and kerogen by weight making it the most
abundant source of fuel in the USA next to the hundred of
thousands of capped-off oil wells.
KNOWN
WORLDWIDE RESERVES
- Worldwide – 3.5+ Trillion
Barrels
- USA – 2.0 Trillion Barrels
– based on 15 gallons per ton (1)
IMPACT - USA usage =
20M Barrels per day = 274 YEARS RESERVE BASED ON USA RESERVES
POTENTIAL
TO ELIMINATE
DEPENDENCE ON FOREIGN OIL. COMPARE THE TOP FIVE (5)
LARGEST KNOWN OIL RESERVES (2)
- 264B BARRELS – SAUDI ARABIA
- 179B BARRELS – CANADA
- 133B BARRELS – IRAN
- 115B BARRELS – IRAQ
- 102B BARRELS – KUWAIT
793B BARRELS – VERSUS 2
TRILLION BARRELS IN OIL SHALE
GRC TECHNOLOGY
The OIL SHALE is bombarded with our specific microwave
frequency in the form of “molecular vibrations” which causes
the “cracking” of the hydrocarbon chain. As a result, the
hydrocarbon components in the OIL SHALE are gasified. The
NATURAL GAS is then collected – the remaining gases are
converted into OIL.
ENVIRONMENTAL IMPACT
The GRC Energy Recovery Technology operates in a vacuum. THE
RESULT - nothing is released into the environment.
CLICK THE
FOLLOWING LINKS FOR ADDITIONAL INFORMATION
(1) Strategic
Significance of America’s Oil Shale Resource
Tony Dammer 2005 EIA Midterm Energy Outlook Conference April
12, 2005
(2) Oil & Gas – Dec 2005 |
