posted on Nov, 26 2013 @ 05:15 PM
Its Shale oil....and they knew about this back in the 1970s...they just didnt have the technology then.
The problem with Australia is,...there is No water.
Water, in massive amounts, is used in the Fracking process...its Ok in the US and Canada, you have massive amounts of water...then only water we have,
is 1000s of miles away Or sea Water.
100 years or so ago, the Main River system that supplies 90% of Australia's population, the Murray Darling system, Regularly use to dry up in Summer,
regularly as in nearly every year.
In between times, it would flood, and create another whole set of problems.
We are Not blessed like North America, and have huge mountain ranges everywhere, including your deserts, that supply regular rainfall to your dry
I am amazed how many TV shows Ive watched where the "Team" are in the hot desert one minute, then driving in clouds and snow the next...or your
"Desert" that has ice floating in Rivers!! of water in the Winter..
That Does NOT exist in Australia.
We are Dry, Hot!! and arid in most of the interior, particularly where this oil is.......
Still it would be nice if we had control of our energy in this country, like the US....but we dont...we are the biggest "rip off" country in the