The man who didn’t know enough | PostIndependent.com
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The man who didn’t know enough

R.T. Moolick

Dear Editor,

Many years ago a very wise man said, “A little knowledge is a dangerous thing.” It’s a comment which is confirmed every hour.

I just finished reading the letter “Shale boom based on corporate welfare” by a Chester McQueary of Parachute. Still additional confirmation “that a little knowledge is a dangerous thing.”

There is no question that the Piceance Creek Basin shale deposit is a huge resource which will carry our country when our oil reserves are depleted. Until then, it must be considered very large, with exciting future potential!

It is interesting to note that in England in 1694 a patent was granted for a process to distill “oyle from a kind of stone.”

As early as revolutionary times lamp oil, lubricants, and medicinal substances were produced from the rather lean shales around the Appalachians.

Then in 1859 Colonel E.L. Drake drilled his famous crude oil well near Titusville, Penn. – the first of many such wells. The prolific supplies of petroleum collapsed the hopes of the oil shale entrepreneurs.

The worlds leading oil shale producer, Scotland, still operated continuously from 1850 until 1964, when the low prices of imported oil finally forced it to close down.

Certainly the recent attempt to put oil shale on the market was premature, due to the abundance of cheap petroleum. But this won’t always be the case. What a glorious resource the Piceance Creek Basin is for the future generations of Americans.

Sincerely,

R.T. Moolick,

Glenwood Springs


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