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Is Israel's Oil Shale Pie Big Enough To Shift Oil Politics? - Green Prophet | Impact News for the Middle East
Rupert Murdoch announced that Israel’s oil shale could potentially shift the international oil dynamic. A 2005 USGS survey presents a less optimistic view. With the recent announcement that Rupert Murdoch and Lord Jacob Rothschild have bought shares in Genie Oil & Gas Inc., which owns 89% of the company, Israel Energy Initiatives (IEI), granted license …