An Efficient, Competitively Priced Resource
Energy return on investment (EROI) is the ratio of the amount of usable energy acquired from an energy source to the amount of energy expended to obtain that source. Modern surface oil shale production is comparable to some sources of conventional petroleum production, and according to the U.S. Department of Energy, oil from oil shale results in 10 times more energy that is needed to produce it.
Source: U.S. Department of Energy
With stable long-term operating costs, high energy efficiency, massive resource size and low geologic risk, oil shale production compares favorably to the production of conventional oil, making it an important resource to provide energy security for Utah. It’s also noteworthy that modern surface oil shale production creates 10 times more energy than is used to produce it.