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sptrawler said:
Belgium has real problems, muslims make up a huge proportion of Brussels population. There is even talk of splitting Belgium between France and Holland.
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That split has been been a long standing issue. How the muslim population will factor into that cultural split is an interesting question.

Edit: Are we sure this was Belgium and not Bulgaria?

Just noted this..

McLovin said:
Except that was in Bulgaria, not Belgium. Unless Belgium has started using the cyrillic alphabet.;)
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Its a little over the top...almost ri-dick-ulous...

Sorry....i just couldn't resist...:D
 
$20 trillion shale oil find surrounding Coober Pedy 'can fuel Australia'

http://www.adelaidenow.com.au/business/companies/trillion-shale-oil-find-surrounding-coober-pedy-can-fuel-australia/story-fnda1bsz-1226560401043#ixzz2IpMnfLxf

SOUTH Australia is sitting on oil potentially worth more than $20 trillion, independent reports claim - enough to turn Australia into a self-sufficient fuel producer.

Brisbane company Linc Energy yesterday released two reports, based on drilling and seismic exploration, estimating the amount of oil in the as yet untapped Arckaringa Basin surrounding Coober Pedy ranging from 3.5 billion to 233 billion barrels of oil.

At the higher end, this would be "several times bigger than all of the oil in Australia", Linc managing director Peter Bond said.

This has the potential to turn Australia from an oil importer to an oil exporter.
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Wow....shale oil and gas technology is uncovering some amazing new resources.

Saudi Australia ?

CanOz
 
I think "value" has to be taken with a handful of salt.

Is it worth 20 trillion when the price of oil is $40 or $100 or $200?

Still, LNC was up 9% yesterday.

I hold BPT and might get in on Santos, they are all doing stuff in that area. My view only. I could be wrong (and possibly am).
 
DB008 said:
I think "value" has to be taken with a handful of salt.

Is it worth 20 trillion when the price of oil is $40 or $100 or $200?

Still, LNC was up 9% yesterday.

I hold BPT and might get in on Santos, they are all doing stuff in that area. My view only. I could be wrong (and possibly am).
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QUEENSLAND has been floating on oil shale since late 1970's.
Greenvale asx:GRV, Esperance asx:ESM, and East Coast asx:ECM had shares in the "Alpha" field.
Greenies would not allow refining in Australia. Apparently it was a polluting process.

Greenvale asx:GRV
Update on Moratorium on Oil Shale Exploitation in Queensland:

http://www.asx.com.au/asxpdf/20121019/pdf/429hbt3hnl0ljk.pdf
 
I find this fascinating.

Driverless Cars.

Google has been working on this project for a number of years (since 2005).

Self-Driving Car Test: Steve Mahan - 95% blind




Wiki on Google driverless cars - http://en.wikipedia.org/wiki/Google_driverless_car

And interestingly - only 2 accidents during this trial, and both of them were caused by humans.

In August 2011, a human-controlled Google driverless car was involved in the project's first crash near Google headquarters in Mountain View, CA. Google has stated that the car was being driven manually at the time of the accident.[9] A second incident involved a Google driverless car being rear-ended while stopped at a stoplight.[10]
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3 states in the USA now allow driverless cars - Nevada, Florida and California (Sep 2012). Hawaii is also preparing laws for driverless cars.

Toyota and Audi are bringing out driverless cars and unveiled them at last weeks CES show in Vegas.
http://technorati.com/lifestyle/autos/article/lexus-releases-their-own-driverless-car/

Huge advances in technology.
 
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