Oil sand development brings jobs to the area, create a source for domestic oil, and bring a benefit to schools in Utah. The technology shows promise in extracting the resource with out destroying the area.
Archives for September 2012
Oil Sand deposits exist throughout Eastern Utah. The challenge is working with Bureau of Land Management to issue permits on public lands. The frustration for Uintah County is that congress asked the BLM to enter into commercial leasing agreements with oil shale and oil sand companies and to date the BLM has not made any agreements.
It may be that the BLM is waiting to see if Oil Sand Development is a viable industry. The current operations that are gearing up are setting up on lands leased from the School and Institutional Trust Lands Administration.
The process being used in the Uintah Basin is an evolution on the technology used in Canada over the last 50 years. The new technology uses a solvent to separate the oil from the sand which has cut out the need for tailings ponds and allows the operation to recycle their water. The end result is an operation that can work off of a smaller footprint, higher efficiencies, and environmentally responsible.
Oil Sand development in the Uintah Basin will bring an economic benefit to the area, and pay royalties to the permanent trust set up for Utah’s schools.
Oil sands or tar sands are deposits of compressed sand that contain a heavy oil called bitumen. Canada has mined this resource for years. U.S. Oil sands has developed a technique to extract the oil from the rich deposits in the Uintah basin. Find out how their process is different from the process used by our neighbors to the north.
This segment focuses on discussions on sound money, and the constitutional sheriff.
Speakers in order of appearance:
Sheriff Richard Mack