Shale oil extraction Energy estimates that the "ex-situ" processing would be economic at sustained average world oil prices above $54 per barrel and "in-situ" processing would be economic at prices above $35 per barrel. These estimates assume a return rate of 15%. Royal Dutch Shell announced in 2006 that its Shell ICP technology would realize a profit when crude oil prices are higher than $30 per barrel ($190/m), while some technologies at full-scale production assert profitability at oil prices even lower than $20 per barrel ($130/m). To increase the efficiency of oil shale retorting and by this the viability of the shale oil
Imperial Oil (Superfund site) Imperial Oil (Superfund site) Imperial Oil is a current Superfund site located off Orchard Place near Route 79 in Morganville, Marlboro Township, Monmouth County, New Jersey. This site is one of 114 Superfund sites in New Jersey. It is in the U.S. Environmental Protection Agency (EPA) Region 2 Superfund area of control and organization. The Imperial Oil Co./Champion Chemicals site consisted of six production, storage, and maintenance buildings and 56 above-ground storage tanks. Industrial operations began in 1912 at the Imperial Oil site when arsenic compounds were manufactured. An oil reclamation facility operated from 1950 to 1969 removing metals and