JTF.ORG Forum
General Category => General Discussion => Topic started by: Spiraling Leopard on June 14, 2011, 11:59:11 AM
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http://barenakedislam.wordpress.com/2011/06/13/arab-heads-exploding-over-news-that-israels-oil-and-gas-reserves-could-rival-saudi-arabias/
ARAB HEADS EXPLODING over news that Israel’s oil and gas reserves could rival Saudi Arabia’s
Even better, while oil shale and gas reserves have been found in Israel and Jordan, NOTHING has been found in the West Bank and Gaza. Think of the implications – Israel could replace the Islamic terrorist nations as a major oil/natural gas supplier to the world.
DRILL BIBI DRILL! Israel sitting on 1.7 billion barrels of oil and 122 trillion cubic feet of natural gas? An ancient Bible prophecy fulfilled?
A new energy order is emerging to give the West some spine. In this new order, Israel is a major player. The new energy order is founded on rock -the shale that traps vast stores of energy in deposits around the world. One of the largest deposits -250 billion barrels of oil in Israel’s Shfela basin, comparable to Saudi Arabia’s entire reserves of 260 billion barrels of oil -has until now been unexploited, partly because the technology required has been expensive, mostly because the multinational oil companies that have the technology fear offending Muslims.
http://www.youtube.com/watch?v=t8QVAAFfcRg
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If the Israelis could acquire the specific extraction technology, what an extraordinary development this would be, with such tremendous consequences !!
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Israel's proven oil reserve is about 0 and its proven nat gas discoveries are in the range of 25 tcf, even if further discoveries double the findings, we are still talking about discoveries with economic value in the range of 50 billion $, which is probably equivalent to the oil the Saudies sell in a month.
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I didn't see any reports in the media and they would report about it for sure. It might be a speculation.
What the Israeli officials say about this?
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If this is true, then we know this is one bit of evidence that shows that Israel can be self sufficient and why Gd says we should be a nation that will dwell alone..
It's a matter a faith...and we get it from ancient history when we crossed the Red Sea; and current history when after the Shoah we won the War for Independence and a 6 day war while being outnumber 100 to 1.
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You know what Chaim says about oil, that even using it from domestic sources is a problem because it continues to give value to oil as a commodity. Oil has to be replaced as an energy source altogether if the Arab power is to be taken away.