IIsrael has come up with something that will sap the economic strength from the Arab countries and others with huge oil reserves, while improving the economies of the rest of the world.
Every dollar we pay for Arab oil goes into Islamic schools to teach Muslims how to destroy the West. Our own moneys are being used to destroy us.
Now, a new process to squeeze oil out of shale may finally end that addiction.
HAIFA, Israel, Nov. 7 (UPI) -- The Israeli process for producing energy from oil shale will cut its oil imports by one-third, and will serve as a guide for other countries with oil shale deposits, according to one company.
A.F.S.K. Hom Tov presented its oil shale processing method on Tuesday, outside Haifa and just down the street from one of the country's two oil refinery facilities.
"Because the patents for this process belong to (the company), Israel is the most advanced in the world in the effort to create energy from oil shale," Moshe Shahal, a Hom Tov legal representative and a former Israeli energy minister, told United Press International.
Shahal estimated that the company's Negev Desert facility would begin full-scale production in three to four years, while other countries with oil shale deposits will need five to six years to reach production.
Oil shale is limestone rock that contains hydrocarbons, or fossil fuels -- about 20 percent of the amount of energy found in coal. Using the rock as a raw material and coating it with bitumen, a residue of the crude oil refining process, the company can produce natural gas, fuel, electricity, or a combination of the three.
Christian Science Monitor, Newest hot spot for oil production: Canada
More expensive to process than the light crude oil of the Middle East, Alberta's oil sands have long remained a largely untapped resource. But with oil at $70 a barrel, it has become economically feasible to extract the thick, sticky bitumen that in former years was used to seal native people's canoes - not fuel a global economy.