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Bush Tries to Kickstart U.S. Oil Shale DevelopmentWASHINGTON, 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. | |
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