Israel as Fossil-Fuel Giant: How Many Ways Could This Change the Game?

A preliminary geological survey has indicated that there might be about 26 million barrels of recoverable oil a mile under the sand near two kibbutzim in the northern Negev. That would amount to about $2 billion at current prices. There might be 12 million additional barrels further down.

via Israel as Fossil-Fuel Giant: How Many Ways Could This Change the Game? – By Judith Levy – The Corner – National Review Online.

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