Oil And Gas:

Heritage panel encourages use of Rocky Mountain oil shale to solve energy issues

With energy security as a top issue in Congress, a major focus for some lawmakers has been the expansion of domestic oil production. Could the answer to our energy needs be in the Rocky Mountain oil shales? During today's E&ETV Event Coverage of a Heritage Foundation event, Ben Lieberman, senior policy analyst at the Heritage Foundation, and Daniel Fine, co-editor of "Resource War in 3-D: Dependency Diplomacy Defense," discuss the energy opportunity they believe exists in the shale rocks beneath the Rocky Mountain region. Fine addresses the technological, political, and economic hurdles facing oil shale development. He also explains how an increased supply of oil from the Rocky Mountain region would affect the Strategic Petroleum Reserve.