Obama Plans to Cut Acreage for Oil Shale Development

Obama Plans to Cut Acreage for Oil Shale Development (Photo courtesy of fossilenergy.gov)

In a media release, U.S. Senator John Barrasso spoke out against the Obama Administration’s decision to move forward with a plan to make massive cuts in the acreage available for oil shale development in Wyoming, Colorado and Utah.

Barrasso said that Obama repeatedly promised during his bid for re-election that he would support energy development. Just days after the election, Obama has done the exact opposite, Barrasso said.

Barrasso called for the Obama Administration to cancel this plan and work with Congress, and the governors of the states involved, on ways to create jobs and strengthen the nation's energy security.

The U.S. Department of Energy says the country has more than 2 trillion barrels of oil shale resources. The department has said it is both necessary and prudent to consider the potential of oil shale in the nation's energy and natural resource portfolio, especially given the instability of the foreign crude oil market.