3 ms·
Wikipedia cites the Israeli geological survey http://www.ceri-mines.org/documents/27symposium/presentations/av02-4minster.pdf http://www.ceri-mines.org/document
by dogma1138 8y ago
Wikipedia cites the Israeli geological survey http://www.ceri-mines.org/documents/27symposium/presentations/av02-4minster.pdf http://www.ceri-mines.org/documents/27symposium/presentation...
300> bln tonnes of shale with only a fraction of it practically extractable.
> • Out of the enormous geological reserves only a fraction (2-4%) may
be defined as mineable, possibly around 1-2 X 10^9 tons.
10^9 tons is about 6.5 million barrels of oil if they have perfect extraction.
There is a good reason why Israel hasn’t been exploiting shale oil on a large scale it’s not feasible nor economical at this point, and there is a huge question mark if it would ever be.