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Friday, June 17, 2011

God gets the last laugh: Oil shale in Israel but not in Judea, Samaria and Gaza

You know how I occasionally post the Golda Meir quip about how Moses brought us to the one land in the area without oil, and that it's now proving not to be true? Well, here's more evidence that God is getting the last laugh.
The World Energy Council has determined that about 30 miles southwest of Jerusalem, in the Shfela Basin, there are oil shale deposits with the potential to yield 250 billion barrels of oil. This represents the world’s third-largest quantity of oil shale behind the US and China. Oilprice.com notes that both those countries would consume almost all their own production, so Israel could conceivably become the world’s largest exporter of shale oil.

The map to the left is from the US Geological Survey. The red stars represent oil shale deposits, which as you can see are scattered across sovereign Israel and Jordan. None were detected in the West Bank or Gaza.
That's as much oil as Saudi Arabia's proven reserves.

Read the whole thing.

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4 Comments:

At 9:39 PM, Blogger apropo said...

Wouldn't this mean that America's foreign policy would change DRASTICALLY?

When I say drastically, I mean in favor of Israel and against the Arabs.

 
At 2:30 PM, Anonymous Anonymous said...

the Shfela Basin, there are oil shale deposits with the potential to yield 250 billion barrels of oil. This represents the world’s third-largest quantity of oil shale behind the US and China.

Actually Jordan's has more shale than Israel, her oil shale deposits are the equivalent of 500 billion barrels

http://oilprice.com/Energy/Crude-Oil/Jordans-Oil-Shale-Deposits-Contain-500-Billion-Barrels-of-Oil-Equivalent.html
JORDAN has over 0.59 trillion barrels of oil equivalent (boe) of oil-shale reserves, says one of the companies trying to develop the resource. It is an estimate that could revolutionise the country's economy – and slash its dependence on energy imports.

And, suddenly, the resource could be viable at around $65 a barrel, making it profitable in the range in which international oil prices have traded in the past two years. Estonia's state-run Eesti Energia says it can produce Jordan's oil-shale economically, and cleanly, within seven years.

 
At 4:47 PM, Blogger srkiff said...

In regards to a couple of these posts, I believe that when the current oil refining elitist companies are charging exhorbitant prices per barrel of oil, then they have become dependent on doing so. They will not want to lower prices (less money in their pockets, and therefore, less power over the world). Israel is in a no win situation because of this. I believe that the current owners/producers of oil will want to invade Israel in order to control the oil that is there. Hence, "the hook in the jaw" that YHWH talks about in Revelations. Sad, but true.

 
At 6:53 PM, Blogger Mike Sanders said...

I have read a great deal since January about the oil found in Israel. I got turned on to this information from a web site about prophecy in the Bible and Ezekiel 38 and 39. I follow the site regularly and they have publish some shocking finds related to Israel and prophecy. The article related to the oil in Israel was http://howlongolord.com/?p=219 but since that time they have discovered that the exact day Israel was reborn in 1948 was foretold in scripture 2500 years earlier. The proof that Israel would be reborn at that exact day lets you know that we are in the last days. If you are interested check out the info first hand http://howlongolord.com

 

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