(CNSNews.com May 11, 2012) - "The Green River Formation, a largely vacant area of mostly federal land that covers the territory where Colorado, Utah and Wyoming come together, contains about as much recoverable oil as all the rest the world’s proven reserves combined, an auditor from the Government Accountability Office told Congress on Thursday.
The GAO testimony said that the federal government was in “a unique position to influence the development of oil shale” because the Green River deposits were mostly beneath federal land."
The GAO testimony said that the federal government was in “a unique position to influence the development of oil shale” because the Green River deposits were mostly beneath federal land."
If the federal government were to simply honor to today's western states the same promise it made and kept with all states east of Colorado to "extinguish title" (i.e., transfer title) to all public lands within a reasonable time from being admitted as a state, western states would likely not have the hardest time funding education nor would they be desperately dependent upon a fiscally unsustainable federal government for more than 30% of their state budgets.
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