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Israel-Palestine-Jordan | |
Report: Oil found in Dead Sea area of Israel | |
2006-10-05 | |
"We noticed that the pressure in the area was very high and when we opened the tap, oil started flowing freely for several minutes," Tenenbaum told Channel 10. Tenenbaum said that the workers washed their hands with the "black gold" when they made the discovery. "We hope it was the first of many [such discoveries]," he added excitedly. Not far from the drilling site, the crew spotted an oil reserve that Tenenbaum described as "very attractive," which they believed contained between four and six million barrels, worth an estimated 300 million dollars. The operation began 10 years ago but was put on hold since it was not deemed economically viable. However, due to the recent soaring oil prices the discovery of new oil sources became necessary. Genco was drilling at a depth of 2000 meters. Infrastructure Minister Binyamin Ben Eliezer said it was "just the beginning" and that is was vital to find out whether the oil field was commercially viable or not. | |
Posted by:lotp |
#11 This may not liberate them from all their external oil needs, but it would go a long way towards a strategic military reserve. Effectively making it impossible to "cut off their oil". |
Posted by: Unomoper Slose9353 2006-10-05 11:20 |
#10 The 3847 holiest site in Islam. |
Posted by: Jackal 2006-10-05 11:18 |
#9 Genco, ain't dat da olive oil biziness dat Don Corleone had in Brooklyn |
Posted by: Cheaderhead 2006-10-05 10:58 |
#8 2000m is a pretty shallow hole for that part of the world. Now watch the goat boinkers claim this is.... really their oil. As if they needed another reason to destroy IS and re-take the land. |
Posted by: Besoeker 2006-10-05 07:20 |
#7 Good luck, Sol and gorb. Of course, Ms. Alba might be sending up some prayers of her own LOL. |
Posted by: lotp 2006-10-05 07:07 |
#6 #3 Sol, you can have her on even days of the week then. :-) |
Posted by: gorb 2006-10-05 05:47 |
#5 As Predicted. It will be enough to run the state in the long run. |
Posted by: newc 2006-10-05 03:47 |
#4 Go for it, Sol! |
Posted by: mac 2006-10-05 01:43 |
#3 Mordechai! My prayer from Yom Kippur has been granted! Oy! It's a miracle. Especially considering on Rosh Hashanah, I prayed for a Palestinian civil war! The hell with the rest of you, for Sukkos I'm praying for Jessica Alba. Wish me luck. |
Posted by: Sol Rabinowitz 2006-10-05 01:35 |
#2 So much for the old joke about Moses dragging his people around in the desert for 40 years before they found a place without any oil. |
Posted by: SteveS 2006-10-05 01:09 |
#1 Cool - I hope it's a substantial find. |
Posted by: .com 2006-10-05 00:54 |