csbj.com
Raytheon sells oil-extracting technology
The Associated Press Defense contractor Raytheon Co. is selling technology to a large oilfield services firm that hopes microwaves will someday become a key tool in unlocking the vast but hard-to-extract oil reserves in the West’s underground shale deposits. Much as a microwave oven heats food, Raytheon’s technology relies on microwaves to generate underground heat …