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The Search for Answers Myth busting lessons for those creating new fuels from oil shale Myth: Oil is becoming less important Fact: Countries continue to strive to grow their economies... 14,000 USA 12,000 GDP (USD Billion PPP) 10,000


  1. The Search for Answers Myth busting lessons for those creating new fuels from oil shale

  2. Myth: Oil is becoming less important

  3. Fact: Countries continue to strive to grow their economies... 14,000 USA 12,000 GDP (USD Billion PPP) 10,000 CHINA 8,000 INDIA 6,000 GERMANY 4,000 JAPAN UK ITALY INDIA FRANCE 2,000 CANADA AUSTRALIA 0 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 Oil Consumption (Million Barrels) Source: EnergyQuest 2009

  4. ...but myths continue to abound about fossil fuels...including oil shale!

  5. Myth: Shale oil production generates 400% more GHG emissions than conventional oil Source: Monica Richter, Australian Conservation Foundation, ABC TV 7.30 Report, 9 August 2010

  6. Fact: CO 2 emissions penalty 20% - 63%.... 4 3.5 3 2.5 2 1.5 1 0.5 0 ULS Diesel, 100% Biodiesel, CNG LNG LPG GTL CTL STL Base STL Current Imported Canola Case Modified Australian Crude Plant Case Blend Diesel All ¡figures ¡indicate ¡kg ¡CO 2 e ¡per ¡km ¡travelled ¡in ¡43t ¡ar9culated ¡truck ¡ Source: RARE Consulting 2009

  7. ...and CO 2 emissions levels can go lower Cogeneration/ waste heat utilisation Solar thermal power Offsets, algal sequestration?

  8. Myth: Processing shale oil uses vast amounts of water

  9. Fact: 1:1 ratio of water used to oil produced Source: HATCH Engineering and UniQuest 2009

  10. Producing shale oil uses less water than other industrial processes.... Uniquest 2009

  11. ...and other fuel processes.... Uniquest 2009

  12. Myth: It takes more energy to produce shale oil than the energy content of the shale oil produced... Energy Out/Energy In < 1 Myth (?): ...and, energy return on energy invested (EROI) is a valid method for comparing the merits of alternative energy sources...

  13. Fact: ...there is no widely accepted protocol for calculating EROI. So many variables and so many boundary decisions render comparisons meaningless

  14. Imperatives: • “…if the cost of energy required to produce shale oil is greater than the market value of the shale oil produced, it won’t get produced.” • [ref: Shell’s M. King Hubbert] • If left in the ground, the energy benefit of oil shale to society is ZERO.

  15. Myth: Oil shale “explodes” like popcorn when heated (i.e., retorted)

  16. Facts: Actual Bulk Density Measurements on Australian Shale (kg/tonne) Crushed Retorted In Situ Shale Shale 1650 853 650 (+Voids) = (- Weight) =

  17. Fact: …sorry folks, there is no “popcorn effect”

  18. Myth: Communities will not support oil shale oil development

  19. In Summary • Myths and misconceptions continue to plague the oil shale industry • Proponents should: • do good scientific work and subject it to peer review • be transparent – let the facts do the talking • Shale oil is a legitimate option for our transport fuel future

  20. The Search for Answers FACTS: the remedy for oil shale myths and the curse to those who spread them.

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