US expert celebrates Israel’s discovery, says molecular research of the new resource will provide a better understanding of alternative fuels and extraction.
Developing a firmer understanding of shale oil’s chemical complexities is crucial to the search by oil explorers in both Israel and North America drilling at home in shale rock and sands for alternatives to traditional OPEC crude, an expert told The Jerusalem Post in an interview last week.
An aerial view of shale oil drilling rig SAI-307 – Photo: REUTERS
The company Israel Energy Initiatives (IEI), which has already completed an exploratory pre-pilot drilling phase in Israel’s Adullam region near Beit Shemesh, has claimed that the area — also called the Shfela Basin — contains approximately 250 billion barrels of shale oil, amounts that could be competitive to the amount of crude oil in Saudi Arabia. Continue Reading »














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