The problem with oil shale reserves is that the cost of extraction and the environmental impact due to the process required to turn oil shale into oil are too expensive and risky to make the process worthwhile. About 70% of this resource is located on federally owned or managed land and it equals nearly as much as the rest of the world's conventional oil reserves added together. Energy department releases a report saying that the state of Colorado is sitting on about a trillion barrels worth of oil in the form of oil shale reserves in the Green River Basin, which covers portions of Colorado, Utah, and Wyoming. More Information and Timeline for Oil Shale Report The US Energy department has released a report that there are about a trillion barrels worth of oil in the form of Oil shale reserves in the Green River basin. The probe then adjusted its course towards the “Kuiper belt object” which the New Horizons mission is expected to reach, research, and explore by 2019. The probe made it to Pluto during July of 2015 when it became the first mission to explore the dwarf planet and its moons, as well as taking some of the first high resolution images of Pluto. The mission made a visit to Jupiter in 2007 while traveling towards Pluto where it gathered some information about Jupiter and its moons before receiving a gravity assist from the large planet and resuming its journey. The New Horizons probe was launched successfully from Cape Canaveral in Florida. NASA launches the New Horizons space probe mission to Pluto during January of 2006. At the time of the deal YouTube had about 65 employees and had become one of the fastest growing and most popular websites on the internet despite having only been established in the Spring of 2005. Google bought the website for $1.65 billion through a stock purchase which was approved during the following month. Internet giant Google bought the popular video-sharing website YouTube during October of 2006. Google purchases YouTube for US$1.65 billion in stock. The judge ruled Apple Computers had not infringed on the Apple Corps trademark and in 2007 the computer company bought out all of the Apple trademarks in a settlement. Trademark lawsuits began between the two starting in 1978 over the use of the name “Apple,” the apple-shaped logo, and Apple Computers foray into the music business with the creation of iTunes and the iPod.ĥ. Apple Computers was founded in 1976 by Steve Jobs and Steve Wozniak.Ĥ. Apple Corps was created in 1968 by the members of the Beatles as a multimedia and record company.ģ. A British court rules in favor of the Apple Computer Company during May, concluding nearly 30 years of trademark disputes between the computer giant and Apple Corps.Ģ. United Kingdom - Apple Computer Lawsuitġ. It was praised for its innovative and futuristic design which incorporated more physical activity into game play with the use of a motion-tracking controller. The Wii attracted a wide array of users and appealed to more casual gamers. Despite not having HD graphics, the Wii was incredibly popular when it was released and over time it outperformed its direct competition, the Playstation 3 and Xbox 360. The console was originally priced at $249.99 and was the smallest and most lightweight of Nintendo’s home consoles at the time of its release. Nintendo releases the Wii gaming console in the United States during November. What Happened in 2006 Significant News Events, Popular Culture, History Prices Nintendo Releases Wii Gaming Console
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