Oil shale industry

VKG Energia panoraam

Production of oil shale

Эстонская ЭС

Oil shale extraction overview

WTI price 96 09

Oil shale industry refers to the global sector involved in the extraction, processing, and utilization of oil shale—a fine-grained sedimentary rock containing significant amounts of kerogen (a solid mixture of organic chemical compounds) from which liquid hydrocarbons (shale oil) can be produced. Shale oil is a substitute for conventional crude oil; however, extracting oil from shale is more complex and costly than the traditional methods of oil production.

History

The history of the oil shale industry dates back to the 19th century. Initial development focused on countries with abundant oil shale resources, such as the United States, Estonia, Brazil, and China. In the early days, oil shale was used primarily for its oil content, but it was also burned directly as a low-grade fuel.

Extraction and Processing

Oil shale extraction involves mining the rock and then heating it, a process known as retorting, to release the shale oil. There are two main methods of extraction: surface mining and in-situ retorting. Surface mining is the more common method and involves removing the rock from large open pits. In-situ retorting, on the other hand, involves heating the shale while it is still underground, which reduces the surface impact of the mining operation.

Once extracted, the oil must be processed and refined to produce usable products such as gasoline, diesel, and jet fuel. This processing is similar to that used for crude oil, but additional steps are often required due to the more complex nature of shale oil.

Environmental Impact

The environmental impact of the oil shale industry is significant. The extraction and processing of oil shale require large amounts of water and energy, leading to higher greenhouse gas emissions compared to conventional oil. Additionally, the mining process can result in substantial land disturbance and the production of waste material that must be managed.

Economic Considerations

The viability of the oil shale industry is heavily dependent on the price of crude oil. When prices are high, oil shale becomes an attractive alternative, but when prices fall, the industry can struggle due to the high costs of production. Technological advancements and improvements in efficiency have the potential to reduce costs, making the industry more competitive.

Current State and Future Prospects

As of the early 21st century, the oil shale industry is in a state of flux. Environmental concerns and competition from renewable energy sources are challenging the industry, while technological advancements offer the potential for more sustainable and cost-effective production methods. The future of the industry will likely depend on a combination of economic, environmental, and technological factors.

• Need help finding a doctor or specialist anywhere in the world? WikiMD's DocFinder can help with millions of doctors!

This article is a stub. Help WikiMD grow by registering to expand it. Editing is available only to registered and verified users. About WikiMD: A comprehensive, free health & wellness encyclopedia.