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Strategies & Market Trends : The Bird's Nest

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From: clutterer	1/5/2012 12:03:04 PM
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LMFAO @ OPEC!!!! Israeli oil shale discovery could rival Saudi Arabia oil reserves Thursday, January 5th, 2012 News The middle east has typically dominated oil productions with countries like Saudi Arabia, Iran, Iraq, Kuwait and Bahrain. A country like Israel is typically at the mercy of market prices as well as local political tensions in regards to its energy security. Israel is a net importer of oil with most of its fuel imported from foreign sources with most Israeli news indicating a shifting focus of alternative energy technologies. CBN has reported from BEIT SHEMESH in Israel that potentially large deposits of shale oil have been discovered. While they are not first country to have large shale oil deposits such as the United States, for its own energy security it could be a boon. financialadvisory.com

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