1.5 billion barrels of oil discovered near Rosh Ha'Ayin (Israel)

Ynet News ^ | Aug 18, 2010 | Staff

[fightinJAG]

Could the State of Israel be sitting on an oil reserve that can provide energy, cash flow, and international political influence? This is the question that everyone is waiting to be answered in the engineering report ordered by Givot Olam Oil, overseeing the drilling at the Megged 5 site, next to Rosh Ha'Ayin.

The final report will be submitted on September 5. However, a preliminary report was already issued to Tel Aviv Stock Exchange on the oil reserves on the site. "The amount of oil in place in Rosh Ha'Ayin plot is estimated at 1.525 billion barrels of oil." In previous reports, the quantity was appraised at only a few hundred barrels of oil a day.

[Hurricane Andrew]

Is this a teaser for a new Joel Rosenberg novel?

[roaddog727]

would be nice. :-)

[fightinJAG]

It would be great!

Would make Israel’s neighbors even more hateful toward the Jews than they already are, though.

But . . . bring it on.

[edcoil]

What was that old saying, Jews spent 40 years in the desert to end up in the only place in the middles east without oil.

[FourPeas]

God’s been known to work in mysterious ways.

[concerned about politics]

I don't remember where I found it, but the Bible talks about a new kind of wealth for Israel under a kings crown. I remember looking at an ancient map, and the crown landed near the dead sea. It was a huge area. The first thing I thought of was oil. In fact, it would be one of the biggest deposit in the world. I wondered how long it would be before they tapped it.

[Celerity]

Now would be a good time to show a sign of solidarity between the American people and Israel.

Our Usurper in Charge would sour any deal whatsoever, even going so far as to use military AGAINST Israel. Imagine brokering a deal with OPEC to wipe out Israel ? Barry Soetoro would camp outside Mecca to be the first in line to pitch that idea.

[bboop]

Would be nice just to have a small clue WHERE in Israel this might be — on land, off the coast? North, south ... something .....

[roaddog727]

Bring it on, for sure!

[Past Your Eyes]

I hope they're wrong. I hope it's trillion, not billion.

[Vanders9]

Question. Given the current hostility towards Israel by most of the oil producing nations, where does Israel get its fuel from?

[heiss]

every few years, we see big headlines about some massive oil find in Israel. The news is always pushed by some businessman, often american, who is looking investments. Once he gets the money, we never hear about that oil find anymore.
People never learn.

[RushIsMyTeddyBear]

My folks and I have invested a few shares in this company. :-)

http://www.breitbart.tv/bible-guides-prospector-to-israels-oil-reserves/

[bvw]

15 miles ENE of Tel Aviv according to Google Maps of Rosh Ha’Ayin Israel.

[Thane_Banquo]

If this is true, Obama and the libs will not demand that Israel give that exact spot of land to the Palestinians.

[TheClintons-STILLAnti-American]

Of course, if true, the Arab world will proclaim the oil belongs to the Palestinians, and Obama will not only back that claim but step up measures to make the use of fossil fuels evil.

That's how whiners and frauds operate.

[SubMareener]

No, just confirmation of an old one. ;-)

[TYVets]

I hope they're wrong. I hope it's trillion, not billion.

I would rather we bought our oil from the Israelis as the muzzies.

[maryz]

Google has a map: Rosh Ha'ayin

And the Wikipedia entry gives the basics: Rosh Ha'ayin.