bigger than saudia arabia?

http://www.infowars.com/the-biggest-oil-discovery-in-50-years/

The Biggest Oil Discovery In 50 Years?

Economic Collapse
July 24, 2013
In a virtually uninhabitable section of South Australia, a discovery has been made which could rock the world.  Some are calling it the biggest discovery of oil in 50 years.  Earlier this year, a company called Linc Energy announced that tests had revealed that there was a minimum of 3.5 billion barrels of oil equivalent sitting under more than 65,000 square kilometres of land that it owns in the Arckaringa Basin.  But that is the minimum number.  It has been projected that there could ultimately be up to 233 billion barrels of recoverable oil in the area.  If that turns out to be accurate, the oil sitting under that land is worth approximately 20 trillion dollars, and it would be roughly equivalent to the total amount of oil sitting under the sands of Saudi Arabia.  In essence, it would be a massive game changer.
If the 233 billion barrel figure is accurate (and some have even suggested that the true number could actually be 400 billion barrels), that would make it nearly 10 times larger than the Bakken formation, 17 times larger than the Marcellus discovery and 80 times larger than the Eagle Ford deposit down in Texas.
It would also mean that Australia now has more “black gold” than the nations of Iran, Iraq, Canada and Venezuela.
The closest town to this oil discovery, Coober Pedy, is in the process of being totally transformed.  It normally only has about 1,700 inhabitants, but news of this discovery has drawn in 20,000 additional people already and real estate prices in the town are absolutely skyrocketing.
So does all of this mean that gas prices will go down soon?
Well, unfortunately that is not likely to be the case.

http://www.telegraph.co.uk/news/worldnews/australiaandthepacific/australia/98229...

Trillions of dollars worth of oil found in Australian outback
Up to 233 billion barrels of oil has been discovered in the Australian outback that could be worth trillions of dollars, in a find that could turn the region into a new Saudi Arabia.



An old opal mining truck marks the entrance to the opal mining town of Coober Pedy situated close to Arckaringa Basin  Photo: REX FEATURES

Yessir, that’s what we call black gold, right there.

Git yurselves some good oilmen, that’s mah advice. Don’t lets no Ayrabs near the joint, they’ll only mess it up. Git a good army and a strong family and some righteous law.

Lord be praised, jew’ll have a corrupt boomtown gusher goin in no tahm at all.

Goddamn right - take it from someone who knows.

And watch the profits go offshore, a small number of parasites will become (even more) obscenely
wealthy, the govt will squander an opportunity by not taxing them effectively, and any average
Aussie not directly involved will benefit by not one single smacking iota.

As usual.

This is old news.


Look up what shale oil is and you'll understand why its still in the ground and will stay in the ground
for next billion years.

The main problem with shale-oil is the difficulty (and therefore expense)
of extracting it.

But the minute it becomes either economically viable or economically
imperative, just you watch those mines start up.

@Bobby: I agree re the LPG-powered cars, it amazes me that it wasn't
made mandatory 20 years ago or more, that all new cars sold must be
LPG-capable. But every time I mention it, I get howled-down. A bit like
the way Nails cops it from Longie o electrics...   

Bobby. wrote on Jul 25^th, 2013 at 8:54am:


Only the poor uns. Them oilmen done make a killin.

Jew gots yurself one of them jallopies? Damned things aint worth the metal an paint. Take mah advice, son, go gits yurself a good workin horse and don't skimp none.

Ain't no good for huntin niggras, but menfolk can form a posse in no tahm. Jew gots trouble, jew can ride into town an raise hell.

Yessir, Ah ain't gots time for no jallopies and no damned oil. Karnal City's a cattle town. Any man strikes oil on his land and he'll be made to stick a plug in it in no tahm.

Mayor don't like no oil wells, see, and neither do we. We're good Bible folk in Karnal City, yessir.

Any niggra drives into town and he'll know all about it, that's for damned sure.

A niggra in a jallopy? He he he. Ain't never seen a black person who could rub more than two nickles together, never mind learnin how to drive.

That'll never happen.

it_is_the_light wrote on Jul 25^th, 2013 at 1:42pm:



Yes master Light,
it's the case of the car industry controlling our Governments.

Just about every car sold runs on petrol -  how convenient.

Who profits?  - oil companies who control car industries
to keep us enslaved.

yes international petro dollars

and enslavement of humanity through

starving the masses from the new technologies

free energies that are coming through the lies and

holes in the official story,

it was a very dense frequency however

i say unto thee heathens as now

we enter the lions gate and all freemasonic hoodwinkery

is being exposed en mass

enjoy the show because you're in it

namaste

- : )