RE: Oil shaleHere is the link to the USGS publication that tells you everything you need to know about oil shales in North America. To summarize some of the key points are pasted below:
1.The oil shales of the New Brunswick Albert Formation, lamosites of Mississippian age, have the greatest potential for development (fig. 5). The Albert oil shale averages 100 l/t of shale oil and has potential for recovery of oil and may also be used for co-combustion with coal for electric power
generation.
2.The oil-shale deposits of the lacustrine Albert Formation of Mississippian age are located in the Moncton sub-basin of the Fundy Basin that lies roughly between St. Johns and Moncton in southern New Brunswick (no. 1 in fig. 6 and no. 9 of table 3). The principal part of the deposit lies at the east end of the sub-basin at Albert Mines about 25 km south-southeast of Moncton, where one borehole penetrated more than 500 m of oil shale. However, complex folding and faulting obscure the true thickness of the oil-shale beds, which may be much thinner.
The richest part of the sequence, the Albert Mines zone, measures about 120 m thick in one borehole, which may be double the true stratigraphic thickness because of structural complexity as noted above. The shale-oil yield ranges from less than 25 to more than 150 l/t; the average specific gravity is 0.871. Shale-oil reserves for the Albert Mines zone, which yields an estimated 94 l/t of shale oil by Fischer assay, is estimated at 67 million barrels.
3.The first commercial development was of a single vein of albertite, a solid hydrocarbon cutting across the oil-shale deposits, that was mined from 1863 to 1874 to a depth of 335 m. During that period, 140,000 tons of albertite were sold in the U.S. for $18/ton. A 41-ton sample sent to England in the early 1900s yielded 420 l/t and 450 m3 of methane gas/ton of albertite. In 1942 the Canadian Department of Mines and Resources initiated a core-drilling program to test the deposit. A total of 79 boreholes were drilled and a resource of 91 million
tons of oil shale above a depth of 122 m was estimated. The grade of the oil shale averaged 44.2 l/t. An additional 10 boreholes were drilled by Atlantic-Richfield Company in 1967–68 to test the deeper oil shales, and still further exploration
drilling was carried out by Canadian Occidental Petroleum,
Ltd. in 1976 (Macauley, 1981).
How much recognition in the market do you think we are getting for this? You guessed it...de nada.
Here is the link to the entire reference pub:
https://pubs.usgs.gov/sir/2005/5294/pdf/sir5294_508.pdf