Can even turn Coal into diesel, and the US is the Saudia Arabia of coal
Not to mention food = fuel (biodiesel/Ethanol), plenty of choice farmland in the West to grow fuel.
Only thing I wonder, is why arnt they doing it now ? All I can think is bleed the ME dry of Oil then they are toast ? Other option could be the US Gov didnt read any Peak Oil blogs
I think Shell has done alot of work in this field, they like heat the shale under ground to a certain temperature then pump it out, Just the right temperature makes a nice Sweet crude I understand
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