Posts Tagged ‘oil’
Believe it or not…Possibly oil reserves in Israel greater than those in Saudi Arabia!
Watch this video, if you think that it’s too good to be true…
Can you even begin to imagine the implications of this find?
Just think about it…OPEC becomes irrelevant?
And then there are the natural gas fields that Israel is just now beginning to develop…
The Lord works in strannnngggge ways…
Continue reading “The New Oil Super-Power in the Middle East…Israel???” »
Tags: israel, Middle East, oil
Posted in International, Israeli Economy, Jewish Science & Technology, Life in Israel, Middle East, Palestinians, Saudi Arabia, Science and Technology | No Comments »
And, once again, Israel is leading the way…
Will the US (and Europe , of course) be smart enought to follow?
The plan seeks to develop oil alternatives, including biofuels, synthetics, electric cars, and energy efficient vehicles.
Reprinted from Globes.co.il
National Economics Council chairman Prof. Eugene Kandel is trying to drum up US support for a plan for reducing oil dependency. Last week, he held a series of meetings in Washington to present Prime Minister Benjamin Netanyahu’s plan, approved by the cabinet in January, to develop oil alternatives, including biofuels, synthetics, electric cars, and energy efficient vehicles.
The Americans, who have their own plans, expressed interest in the Israeli plan, which is based on international cooperation. “The Americans see eye-to-eye with us on this,” said Kandel, who believes that there are grounds for cooperation in this field. “There is a complete meeting of interests, because the objective of the Israeli plan is to reduce dependency of the US and the whole world, not just by Israel.”
Kandel added, “It is very important for us that the US apply this regulation, because it will change the whole world. Transportation’s dependency on oil is because our vehicles run on a single kind of fuel, and converting them to several kinds of fuel will significantly lower dependence.” He noted that President Barack Obama has called on the US to serve as an example.
Kandel said, “Israel has begun to go out and seek interfaces with similar ventures in an attempt to focus them on this objective. We’ve met with a great many people, and explained that the focus should be put on this issue. This isn’t a comprehensive energy strategy, or that protecting the environment is less important, but compared with all other issues, reducing oil dependency should be given priority. This is an existential matter for us and for the US in the short term.”
Tags: arab, dependence, israel, jihad, oil, Terrorism
Posted in International, Jewish Science & Technology, Life in Israel, United States | No Comments »
An American energy expert is predicting an “oil and gas rush” in Israel. Wouldn’t THAT be something!…Especially after Israel gave up the huge oil reserves in the Sinai in the trade of land for peace with Egypt, even though it was Israel that won the war. (What other country would have made THAT sacrifice in the interest of peace, by the way?)
How cool would an energy-independent Israel be?…
The Messiah will probably not be far behind…
A top US energy industry expert believes Israel is going to soon experience an “oil and gas rush” by major Western energy development companies.
Reprinted from Israeltoday.co.il
Speaking to the Israeli financial newspaper Globes, Fred Zeidman said the recent discovery of a massive natural gas field off Israel’s Mediterranean coast had drawn the attention of every major Western energy company.
Israeli companies Delek and Isramco have already tapped the natural gas field, together with British energy giant Noble Energy. Zeidman noted that quite often, “as soon as Noble goes to a place, many other companies follow in its wake.”
That could mean an enormous economic boom for Israel and its transformation overnight into a major international energy exporter.
The natural gas field in the Levant Basin (the western Mediterranean) is estimated to hold 122 trillion cubic feet of recoverable natural gas, making it the largest natural gas resource ever found. The area is also believed to contain at least 1.7 billion barrels of recoverable oil.
Tags: energy, israel, natural gas, oil
Posted in Israeli Economy, Life in Israel | No Comments »