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Israel as Fossil-Fuel Giant: How Many Ways Could This Change the Game?
National Review ^ | 10/25/10 | Judith Levy

Posted on 10/25/2010 2:14:23 PM PDT by Nachum

A preliminary geological survey has indicated that there might be about 26 million barrels of recoverable oil a mile under the sand near two kibbutzim in the northern Negev. That would amount to about $2 billion at current prices. There might be 12 million additional barrels further down. This news comes a day after drilling began on the Leviathan, a record-setting exploratory well in a massive natural-gas field off the coast of Haifa. The area is thought to contain 16 trillion cubic feet of gas, and it might also contain oil.

(Excerpt) Read more at nationalreview.com ...


TOPICS: Israel; News/Current Events
KEYWORDS: fossilfuel; game; giant; israel

1 posted on 10/25/2010 2:14:30 PM PDT by Nachum
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To: Nachum

If you want an intriguing evening, read some of Joel C. Rosenberg’s books about Israel and oil/gas discovery. Google will get you on the right track.


2 posted on 10/25/2010 2:18:36 PM PDT by flying_bullet (El Conservo tribe member)
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To: Nachum

Joel Rosenberg stikes again. Predicted this years ago. Guess I better go get his latest book! “12th Imam”


3 posted on 10/25/2010 2:20:08 PM PDT by Anti-Hillary (Pretty soon everything in this country will be "free", except it's people!)
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To: flying_bullet

HA!!! You beat me to it by seconds!! LOL


4 posted on 10/25/2010 2:21:12 PM PDT by Anti-Hillary (Pretty soon everything in this country will be "free", except it's people!)
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To: sheik yerbouty; oswegodeee; justiceseeker93; Sarah Barracuda; Canedawg; freekitty; ...

Makes my Day!!!


5 posted on 10/25/2010 2:28:36 PM PDT by ExTexasRedhead (YEAH, I ALREADY VOTED TO CLEAN THE SEWER!!!)
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To: Nachum

We have our own oil here and the administration is too stupid and fired up on Green trash to drill for it.


6 posted on 10/25/2010 2:35:19 PM PDT by Venturer
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To: Venturer

That’s the difference between the Israelis having a patriot for a Prime Minister and us having ... whatever it is that we have ... for a president.


7 posted on 10/25/2010 2:36:42 PM PDT by ArrogantBustard (Western Civilization is Aborting, Buggering, and Contracepting itself out of existence.)
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To: ArrogantBustard

Not only the President, John McCain and othe Repubs stopped us from drilling a decade ago when GW proposed it. We are outlawed from even exploring for oil.

Pray for the Election


8 posted on 10/25/2010 2:38:52 PM PDT by bray (A November to Remember)
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To: ArrogantBustard

Amen!


9 posted on 10/25/2010 2:39:13 PM PDT by lonevoice (Those who dance are considered insane by those who can't hear the music)
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To: bray
Pray for the Election

Yep ... All that's left for me to do.

I already voted ...

10 posted on 10/25/2010 2:41:03 PM PDT by ArrogantBustard (Western Civilization is Aborting, Buggering, and Contracepting itself out of existence.)
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To: Nachum

Does this mean that once they start drilling that they will start building Synagogues around the world to convert others to Judaism? How will we decide, choices, choices.


11 posted on 10/25/2010 2:44:15 PM PDT by A Strict Constructionist (Oligarchy...never vote for the Ivy League candidate.)
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To: Anti-Hillary

Joel Rosenberg didn’t predict this...the Holy Bible predicted this.

Check it out for yourself.

Gen. 49:25


12 posted on 10/25/2010 2:55:54 PM PDT by servantboy777
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To: AdmSmith; Arthur Wildfire! March; Berosus; bigheadfred; ColdOne; Convert from ECUSA; Delacon; ...
Thanks Nachum.
A preliminary geological survey has indicated that there might be about 26 million barrels of recoverable oil a mile under the sand near two kibbutzim in the northern Negev. That would amount to about $2 billion at current prices. There might be 12 million additional barrels further down. This news comes a day after drilling began on the Leviathan, a record-setting exploratory well in a massive natural-gas field off the coast of Haifa. The area is thought to contain 16 trillion cubic feet of gas, and it might also contain oil.

13 posted on 10/25/2010 3:08:03 PM PDT by SunkenCiv (The 2nd Amendment follows right behind the 1st because some people are hard of hearing.)
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To: Nachum

“But the Lebanese government and Hezbollah are claiming that whatever the Americans and Israelis find off the Haifa coast actually belongs to them.”


14 posted on 10/25/2010 3:18:01 PM PDT by NoLibZone (Homosexuals oppose diversity.)
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To: Nachum

26 million barrels? Dont they mean 26 billion? 26 million barrels would be a month supply.


15 posted on 10/25/2010 3:43:35 PM PDT by dartuser ("The difference between genius and stupidity is genius has limits.")
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To: NoLibZone

““But the Lebanese government and Hezbollah are claiming that whatever the Americans and Israelis find off the Haifa coast actually belongs to them.””

That will mean a real war with real stakes. Iran and Russia will chime in to prevent a competitor and for the normal insane Iranian reasons. Ironically, China could end up a moderating influence on the muslims because they want oil supplies.


16 posted on 10/25/2010 3:43:43 PM PDT by ModelBreaker
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To: Nachum; ExTexasRedhead; Yehuda; forkinsocket; Sarah Barracuda; ariamne; Sarah; sofaman; ...

Israel is very fortunate that safe drilling for oil isn’t blocked there by phony environmental wackos as it is in the US at present. Israel will be much safer when it can meet more of its own oil needs via domestic production. And the Israeli citizen will benefit by lower oil prices.


17 posted on 10/25/2010 3:44:11 PM PDT by justiceseeker93
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To: NoLibZone
I can only imagine that the Campaigner in Chief will now dictate that Israel must stop all oil/gas exploration as a condition in every future peace plan.

I snickered at your tagline- that's pretty clever!
18 posted on 10/25/2010 3:46:28 PM PDT by philled (Lay on, Macduff! And damned be him that first cries “Hold, enough!”)
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To: dartuser
26 million barrels? Dont they mean 26 billion? 26 million barrels would be a month supply.

Like one full day of oil for the USA.

19 posted on 10/25/2010 3:49:39 PM PDT by BRL
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To: Venturer

“We have our own oil here and the administration is too stupid and fired up on Green trash to drill for it.”

That may be, but I have been thinking about that lately.

Some countries are selling their “natural resources” to pay off debts.

I have been worried this will be in our future as well. Selling off our oil, our gold mines, our coal, to sell to chinese companies, so that we can pay though the nose forever, ... our whole country turned into a company store.

sigh


20 posted on 10/25/2010 3:53:54 PM PDT by TruthConquers (Delendae sunt publicae scholae)
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To: justiceseeker93
might be about 26 million barrels of recoverable oil

Seems rather insignificant to me. This is "million" with an M, that "might" be.

ML/NJ

21 posted on 10/25/2010 4:02:41 PM PDT by ml/nj
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To: servantboy777
You are correct.

I was TRYING to be witty. You're killin’ my act...

22 posted on 10/25/2010 4:07:02 PM PDT by Anti-Hillary (Pretty soon everything in this country will be "free", except it's people!)
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To: TruthConquers

Wouldn’t surprise me to see it happen.

The smart thing is not to incur those debts.

Too late for that.


23 posted on 10/25/2010 4:19:05 PM PDT by Venturer
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To: dennisw; Cachelot; Nix 2; veronica; Catspaw; knighthawk; Alouette; Optimist; weikel; Lent; GregB; ..
Middle East and terrorism, occasional political and Jewish issues Ping List. High Volume

If you’d like to be on or off, please FR mail me.

..................

Hopefully Obama will apply pressure on Israel to leave the oil and gas in the ground. The last thing any nation wants is energy independence. Leave the jobs in the ground too. It works on the Gulf Coast.

Another idea Obama won't like, it wasn't his.

Electric car fleet to hit the road in Israel

24 posted on 10/25/2010 5:00:25 PM PDT by SJackson (In wine there is wisdom, In beer there is freedom, In water there is bacteria.)
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To: Venturer

Obastard doesn’t believe that “green energy” will save us for a second. His agenda is to destroy the United States and he will use any excuse to do it.


25 posted on 10/25/2010 5:34:05 PM PDT by Blood of Tyrants (Islam is the religion of Satan and Mohammed was his minion.)
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To: ExTexasRedhead

Mine too.


26 posted on 10/25/2010 7:13:55 PM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: Nachum
Although it has never been suggested or speculated, but somehow I suspect that the many earthquakes predicted during the end-times will somehow shift & relocate current underground oil/gas deposits so that a lot of the oil currently under arab/persian lands will relocate to be under Israel!! :-) :-0 :-)

That would be something!!

27 posted on 10/25/2010 7:43:49 PM PDT by prophetic (0Bama = 1 illegal president = 32 illegal, unconstitutional & unnecessary CZARS to do his job!!)
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To: dartuser; Nachum
Israel uses 250K barrels a day of crude. 26 million Barrells would not be an export. It would be 104 days worth of oil. Even 38 million barrels would be 5 months of oil consumption.
28 posted on 10/25/2010 8:15:43 PM PDT by rmlew (You want change? Vote for the most conservative electable in your state or district.)
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To: dartuser

It’s probably based on the Israeli demand for oil, not America’s.


29 posted on 10/26/2010 1:55:51 AM PDT by gogogodzilla (Live free or die!)
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To: Anti-Hillary

Your funny


30 posted on 10/26/2010 8:21:56 AM PDT by servantboy777
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