This is simply hype to get one to subscribe to the "Oil Report". Nothing more.
The shale has been known to exist in Colorado, and many other places, for hundreds of years.
The practicality of doing anything with it is really the question.
To be fair.... Even if extraction techniques were to improve, CO shale generally produce between 5 and 10 gallons of poor crude per ton of shale mined. In order to be even remotely competitive... even at 100 plus a bbl oil.... shale that yields 25 to 50 bbl of crude per ton mined needs to be sought. None of that rock exists in CO. There are some reserves in Canada and Alaska that could yield that ratio.
To that end.... This article portrays some easy answer.
There is not an easy answer here.
Drawing oil from a rock is about as easy a drawing water from one.
Not too mention the incredible environmental devastation that would occur here.
If it made sense to mine Colorado shale it would be done. Even in tougher times this is not even remotely practical.
We need to move off of an easy solution mentality and reinvest our tax monies into researching alternatives to mid east oil.