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New data suggests Israel may not only have much larger gas resources than believed, but also the 3rd largest deposit of oil shale in the world.
A new assessment was released late last year by Dr. Yuval Bartov, chief geologist for Israel Energy Initiatives, at the yearly symposium of the prestigious Colorado School of Mines. He presented data that our oil shale reserves are actually the equivalent of 250 billion barrels (that compares with 260 billion barrels in the proven reserves of Saudi Arabia).
Palestinian energy officials have blasted Israel for the looting of Gaza's natural resources, saying the reserves legally belong to Palestinians.
Earlier this week, American crude oil and gas exploration giant, Noble Energy, obtained permission from Israeli officials to begin developing a natural gas field off the Gaza Strip coastline, a Press TV report said Tuesday.
Israeli regime's ministry of national infrastructure has claimed the shortage of natural gas supplies was the main reason behind granting approval to the US corporation to develop the field.
Originally posted by AlreadyGone
I've said it before and will say it again...world events are shaping up so as to make Ezekiel 38-39 relevant.
Paraphrasing..it says the world looked on Israel enviously and greedily...before they were attacked by an alliance of surrounding countries...an alliance that has yet to be seen, but is in the formulative stages.... Turkey(Gommer), Syria, Iran(Persia), Egypt, Ethiopia, Lybia, and Russia... they will be defeated by the Israelis on the Golan Heights and fronteirs overlooking Israel
It will be tactically nuclear...the bodies and weapons flagged for disposal by specially clothed and trained teams...
read it and weep.
Originally posted by jibajaba
psst - don't tell anyone - there is no such thing as 'peak' oil.
oil is naturally occurring.
Originally posted by jibajaba
psst - don't tell anyone - there is no such thing as 'peak' oil.
oil is naturally occurring.
Originally posted by Signals
Originally posted by jibajaba
psst - don't tell anyone - there is no such thing as 'peak' oil.
oil is naturally occurring.
My thoughts exactly.
I'm starting to think there is oil EVERYWHERE if you drill deep enough.