Shell Oil abandons bid for Yampa River water to develop Colorado oil shale | SkyHiNews.com
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Shell Oil abandons bid for Yampa River water to develop Colorado oil shale

DENVER (AP) – Shell Oil is abandoning its quest for water rights from the Yampa River in northwest Colorado to develop oil shale production for now.

The company said Tuesday the global economic downturn has slowed the project’s pace and the company decided not to pursue the Yampa water right at this time.

Critics of a federal management plan for developing oil shale on public lands say the process would use too much of the region’s scarce water.


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