On the recordMay 31, 2012
I rise with my colleague from New Jersey to discuss the funding provided to the Department of Energy for unconventional fossil energy research and development. I first want to commend Mr. Frelinghuysen, the chairman of the subcommittee, for his strong support of the unconventional fossil energy research at the Department of Energy. As the committee report notes, the United States' oil shale reserves are estimated to exceed 2 trillion barrels of oil, more than five times the proven oil reserves held by Saudi Arabia. However, additional research is necessary to enable economic and environmentally safe production from this incredibly plentiful domestic resource. In order to accelerate the safe and effective development of the Nation's oil shale reserves, this legislation provides $25 million for oil shale technology research and development activities. {time} 2050 As chairman of the Science, Space, and Technology Subcommittee on Energy and Environment, I recently chaired a hearing to examine the challenges and opportunities associated with expanding the development and use of unconventional oil and gas production technologies. The subcommittee received testimony from expert witnesses about the need for targeted government research to address specific issues associated with developing these unconventional oil resources.…





