Utah tar sands still seeking investors despite questions

Syndicated from Oil Sands Truth on Fri, 2012-02-17

<p>Utah tar sands still seeking investors despite questions</p>
<p>By brandon loomis</p>
<p>The Salt Lake Tribune<br />
First published Feb 15 2012 </p>
<p>Eastern Utah’s tar sands are just a year or so from producing their first commercial quantities of oil — if environmental appeals are settled and the company planning to mine can attract investors.</p>
<p>Those are big ifs.</p>
<p>Two oil shale mining companies contend they’re right behind and said Wednesday at the Governor’s Energy Development Summit that the state is poised for “the next big play” in energy.</p>
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