Royal Dutch to Produce Oil for Half the Price?

Royal Dutch Shell is patenting a technique to convert shale to petroleum at a cost of only about $30/barrel. At half the cost of a barrel of oil today ($60), we can see benefits. What does this mean? Cheaper energy costs, cheaper gas, less inflation problems, more efficient businesses. The largest source of the shale in the world is in the U.S. If it works, expect cheaper gas, and a wealth of new money for the U.S. The theory could be garbage, but you never know.