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$17 crude?

Crude_oil_barrelIs Israel close to producing crude from shale rock for $17 a barrel? 

If the Israelis can, then so can Canada, the United States, and many others (including, surprisingly, Jordan).  That would do a lot to change geopolitics, would it not?

Canada's reserves of shale oil alone are often quoted at several times that of Saudi Arabia's oil.  Imagine what crazy rich Canadians would do with all that petrol wealth.  The NHL would never be the same, eh?

November 20, 2006 in Science |

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