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I Have A Question !

By Gordon Sloan

Real Estate Agent with Group1 Real Estate, selling houses in Salt Lake City Utah

July 05, 2007 05:57 AM

I read in the Utah CEO Magazine over the weekend that the Deseret News has reported the following.

OPEC Countries currently are sitting on top of 911 BILLION barrels of oil. It is projected that the number of barrels of oil in the shale beneath the ground of Utah , Colorado, and Wyoming is in excess of 1.5 TRILLION barrels.

Sounds like a solution to the Energy crisis and Utah Real Estate.

My question is, are Utah scientists, Investors and Business People doing everything they can to develop a cost effective way to extract the oil from the shale ?

The possibility makes a body want to open a branch in Roosevelt. Any body know any thing about this ?

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Kat DeLong

Realty ONE Group Mountain Desert - Prescott, AZ

REALTOR

Corie: off this topic: HOW is business in your area? My son lives in St. George and though things have slowed, it seems, it still appears much better than CA's.

Jul 05, 2007 06:01 AM

Ronnie Roach

PrimePay Business Services - Kill Devil Hills, NC

Corie,

If there were a cost effective way, I am sure there would be massive amounts of investments moving in that direction. So my guess is that we are not there yet.

Jul 05, 2007 06:29 AM