Eretz Yisrael Time

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Friday, March 11, 2011
Imagine a world where Israel was respected, a world where US Jews want to make Aliyah to Israel.

There’s a fascinating article by Dore Gold in today’s Jerusalem Post.

He states that Dr. Yuval Bartov, chief geologist for Israel Energy Initiatives, at the yearly symposium of the prestigious Colorado School of Mines claims that Israel has 250 billion barrels of oil reserved locked in oil shale. That, to top off the US Geological Survey estimates that there are 122 trillion cubic feet of gas in the whole Levant Basin, most of which is within Israel’s jurisdiction.

The study places Israel as the world’s third largest holder of oil shale reserves.

Dore Gold tells us that Israel is working on technology that will not only cleanly extract the oil from shale, but provide water while doing so.

Gold tells us that these technologies are being tested right now.

Dore Gold is not a man led to exaggeration. If he’s telling us this, then there is strong basis for it in fact. Updated studies this coming year will tell us more about the extent of these finds and technologies.

That's not to say that the idea doesn't have its Green detractors.

But aren't environmentalist always party poopers? They'd prefer to fly in their jets, while the rest of us give up our cars.

Anyway, back to the subject on hand..

When I read this, my first thought was that as a primary supplier of global oil for the next few decades, this would completely alter the way the world deals with Israel.

When I told this to my wife, her first response was that American Jews might actually decide to make Aliyah to a wealthy country like Israel.



Unknown said...

I pray to God this is true. It would be wonderful if Oil could be supplied from Israel. That would help eliminate oil exports from the arab countries & change things considerably in the Middle East. Arab oil revenues finance most of the global terror.

Jewish Odysseus said...

Geology is of course different around the world, but wdn't it be a KICK if Israel's development of shale oil technology could be transferred as a mega-valuable export to those parts of the world that ALSO happen to have enormous, but hard-to-exploit shale-oil reserves. Which just happen to be CANADA and the UNITED STATES.

Imagine a world in which THOSE are the 3 largest oil producers, wooowwwwww!

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