Shale Oil: The Extraction Technologies, Refinements and Limitations

Limitation of conventional fossil fuels has led to paying more attention towards the shale’s oil and gas resources. These resources will economically be justified when the crude oil price passed the 60 dollars per barrel mark. In the present study, the potential of the shale oil in the world; the capacity of each region, the leading countries using this type of oil extraction and their refining methods undertaken. Moreover; limitations and advantages of each method regarding their environmental impacts were investigated. Ultimately; the importance of this unconventional fossil fuel in today’s technological world was determined.