Aussies, if you don't have nucular (sic) weapons, you'd better develop them.
Massive Oil Discovery Is Deathblow For Saudis
It's the biggest find in 50 years and the media is completely ignoring it...
It is 6 times larger than the Bakken, 17 times the size of the Marcellus formation, and 80 times larger than the Eagle Ford shale.
The current estimates of 233 billion barrels are just 30 billion barrels shy of the estimated reserves in all of Saudi Arabia.
Now, one renowned international energy expert predicts the proven reserves will be much bigger.
"The find may land at 300 or 400 billion barrels, making it one of the greatest unconventional oil discoveries any of us will see in our lifetimes," says Dr. Kent Moors and advisor to six of the top 10 oil producers and active consultant to 20 world governments.
"It represents a bona-fide redrawing of the global energy map as we know it," Moors says, "and the mainstream media is completely ignoring it."
http://oilandenergyinvestor.com/ext/articles/massive-20-million-oil-discovery-is-deathblow-for-saudis.php?src=taboola&track_id=adv_ead&ad=saudi1
Or is it just a bunch of hype???
GREG RAY: Shale oil or snake oil
By GREG RAY
Aug. 26, 2013, 10:30 p.m.
ENTHUSIASTS are suggesting that shale oil reserves thought to lie beneath the South Australian opal town of Coober Pedy could turn Australia into the next Saudi Arabia. Theres probably a fair bit of hype in that, but its a fascinating scenario.
A bloke named Kent Moors who bills himself as an energy adviser to governments is one of the keenest spruikers, suggesting that the discovery, if proven and developed, would mean Australia had more oil than Iraq, Iran, Venezuela or Canada.
He also reckons that this potentially immense reserve is already causing a flurry of interest among foreign governments, including the United States, Russia and China, with various intelligence agencies trying to figure out its possible long-term strategic implications.
http://www.theherald.com.au/story/1732566/greg-ray-shale-oil-or-snake-oil/