Interest Booms for Oil Extraction Technology

Global Resource Corp., a developer of a patent-pending microwave technology and machinery for extracting oil and gas, announced that it is receiving about ten inquiries a day from across the world regarding its microwave system.

The company also noted that the increased number of daily inquiries was also stimulated by the wave of recognition awarded the technology in recent months.

These include a U. S. Department of Energy report made June, released July 17, which profiled Global Resource and its microwave technology for oil shale recovery as a help in making the U.S. energy independent; a Popular Science Magazine selected Chairman Frank Pringle as a "Green Tech Innovator" and Global Resource Corp.'s microwave technology as one of its "Best of What's New '07; and Time Magazine selected the company's microwave technology as one of the "Best Inventions of the Year" because of its ability to "pull fuel out of shale rock, tires and even plastic bottles."

In its annual round up of "Best Inventions of the Year," Time Magazine selected 46 inventions in 12 categories, from Cars & Buses to Health. Global Resource's microwave technology is included in the environment category.