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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
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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
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!)
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
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.)
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.)
To: ExTexasRedhead
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)
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!!)
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.)
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!)
To: Anti-Hillary
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