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KABUL - Afghanistan said on Sunday it had discovered an oilfield with an estimated 1.8 billion barrels in the north of the war-ravaged country, where U.S. and other foreign forces are trying to tame a Taliban-led insurgency.
The discovery of the basin between northern Balkh and Shiberghan provinces was made after a survey conducted by Afghan and international geologists, said Jawad Omar, a spokesman for the ministry of mines.
"I do not know its price in the market. But the initial survey says there are 1.8 billion barrels of oil and I think there will be more than what it is estimated,
Originally posted by TheOracle
Biofuel is great don't get me wrong, but gasoline is only a fraction of oil's use. Everything from plastics, paper, textiles..need oil in their fabrication and algae cannot replace that.