ISRAEL …. OIL AND VINEGAR http://desertpeace.wordpress.com/2011/03/22/israel-oil-and-vinegar/

According to Dr Vinegar, Israel has the second-biggest oil shale deposits in the world, outside the US: “We estimate that there is the equivalent of 250 billion barrels of oil here. To put that in context, there are proven reserves of 260 billion barrels of oil in Saudi Arabia.”The project is attracting serious interest from outside investors. In November, 2010, an 11 per cent stake in Genie Oil & Gas, the division of IDC that is the parent company of IEI, was acquired for $US11m ($11.05m) by Jacob Rothschild, the banker, and Rupert Murdoch, chairman of News Corporation, parent company of The Times. Genie’s advisory board includes heavyweight figures such as Michael Steinhardt, the hedge fund investor, and Dick Cheney, the former US vice-president

[LEFT OUT IS THE PART WHERE THE MASIVE AMMOUNTS OF WATER REQUIRES WILL COME FROM,AND AT WHAT COST TO THE PALESTINIANS?