Monday, August 11, 2008

Another Country Explores Shale Oil Development

The USA has the world's biggest pile of shale oil deposits --- No, no, it's not the USA, where Democrats have things sequestered and waiting for the next wind powered car to emerge, it's Jordan.
"Negotiations with Shell to sign a deal to process oil shale in Jordan are nearing an end," said Maher Hjazin, head of the state-run Natural Resources Authority.

"If our plans succeed, it would be one of the country's largest projects to help the Jordan become energy self-sufficient, with a possibility to export oil in the future."

Jordan, which imports 95 per cent of its energy needs and struggling to meet growing needs, has the world's fourth largest reserves of oil shale, from which petroleum can be extracted by distillation.
Shell Oil, didn't that used to be a USA company?

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