Is it true that USA has started drilling for oil in colarado/utah which has a reserve of 1.2 trillion barrels?

You are not referring to ';drilling'; - it is more like mining.





Specifically, you are referring to the experimental oil-shale project. The BLM is still considering proposals for small-scale R%26amp;D leases that may start this summer.





Estimates of domestic shale oil reserves range from 1-2.5 trilliion barrels. But it will be years before commercial development - if that even ever occurs.Is it true that USA has started drilling for oil in colarado/utah which has a reserve of 1.2 trillion barrels?
No.





There are 1.8 Trillion Barrels of Oil Reserves in Utah, Colorado and Wyoming on private lands (20%) and federal lands (80%)





However, that Oil is never going to be drilled (Unless there is war with Saudi Arabia, Venezuela, Nigeria, Angola, Ecuador, Algeria, Kuwait, United Kingdom, Colombia, Brazil, Chad or Trinidad and Tobago)





Top 3 Answerers in Business %26amp; Finance. (Vote for me)Is it true that USA has started drilling for oil in colarado/utah which has a reserve of 1.2 trillion barrels?
They have been trying to get the oil shale projects off the ground in the Rocky Mountains for decades. Between costs and the environmental problems, I would not hold my breath waiting for it to become a commercial reality.
It is a possibility, I know they are drilling for oil in W Virginia and Arkansas.....( I have a friend who owns a drilling company)