“The current indication is during the drilling and is very preliminary, and nothing can be known about the quantities of oil and whether it can be taken out. These things will have to become clearer through tests. Currently, I would call this a positive indication, but you can’t establish more than that before all the drilling tests are completed.”
As noted in a previous Green Prophet article, oil in plentiful quantities used to be a good thing when it was much cheaper and environmental concerns were less evident than they are now; especially in my native state of Oklahoma, in the good old U.S. of A.
But even if enough oil is found in this site to make it a feasible venture, the idea may not be good for a number of drilled wells pumping oil out of ground from the geological Triassic structure that is said to be about 230 million years old.
The formations are similar to those found in western Canada; and may not be too good for Israel’s already endangered coastal aquifer that is becoming more and more polluted from a number of contaminants, including sea water. Globes might better direct the same amount of investment publicity towards projects dealing with alternative and renewable energy.
Image via Wikipedia
Related articles on oil:
Signs of Oil Found Near Tel Aviv
When Oil or “Texas Tea” Was Good For Us
About Givot Olam Israel
Author: Maurice Picow
Maurice Picow grew up in Oklahoma City, U.S.A., where he received a B.S. Degree in Business Administration. Following graduation, Maurice embarked on a career as a real estate broker before making the decision to move to Israel. After arriving in Israel, he came involved in the insurance agency business and later in the moving and international relocation fields. Maurice became interested in writing news and commentary articles in the late 1990’s, and now writes feature articles for the The Jerusalem Post as well as being a regular contributor to Green Prophet. He has also written a non-fiction study on Islam, a two volume adventure novel, and is completing a romance novel about a forbidden love affair. Writing topics of particular interest for Green Prophet are those dealing with global warming and climate change, as well as clean technology - particularly electric cars.
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