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Bush Tries to Kickstart U.S. Oil Shale Development

Production of oil from tar sands in Alberta, Canada. Oil shale has been labeled the \"dirtiest fuel on the planet\" by the Natural Resources Defense Council, which estimates that production will emit four times more greenhouse gases than conventional gasoline production. \"Cooking rocks and scorching the Earth is not a solution to our energy crisis,\" said Amy Mall, a senior policy analyst for NRDC. (Photo courtesy Suncor/ANL)

WASHINGTON, DC - The Bush administration finalized regulations to govern the commercial development of oil shale on federal lands on Monday, rebuffing concerns that the rules are premature and ignoring the serious environmental concerns about tapping the resource.

Administration officials said investors keen to unlock the nation's vast oil shale resources need "rules of the road" even though the technology is still not commercially viable.