Rangely Town Council adopts resolution on oil shale development

Resolution of the Town of Rangely supporting the development of this important resource and urges the federal government to move expeditiously to establish the regulations for the management of federally-owned oil shale.
WHEREAS the United States Department of Energy estimates that 800 billion to 1 trillion barrels of recoverable oil may exist within the oil shale deposits of the Green River Formation in Colorado, Utah and Wyoming. The estimated recoverable barrels of oil shale located…