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2012-07-03 Israel-Palestine-Jordan

Israel's Emergence As Energy Superpower Making Waves

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Posted by trailing wife 2012-07-03 00:00|| || Front Page|| [11124 views ] Top

#1 I'm still waiting to be accosted by people collecting charitable contributions for starving Saudis.

Posted by g(r)omgoru 2012-07-03 05:26|| 2012-07-03 05:26|| Front Page Top

#2 Putin has really made some strong advances lately. Big push for some time. This could change things in this area of the world. I have read that Israel my become a world banking center like Switzerland.
I'd like to see Romney slim down and do a photo op with Putin riding a horse. That would stir things up in the world. Get some of that gravitas.
People like Cher, Babs and Looney Clooney would cry foul. They hog the market on ham bones.

Posted by Dale 2012-07-03 07:11|| 2012-07-03 07:11|| Front Page Top

#3 Oh the irony if true. Imagine the knicker twisting going on in Europe as the hated Jews become the most viable oil supplier.

European anti-semitism comes back to bite them in the ass?

Posted by AlanC 2012-07-03 07:17|| 2012-07-03 07:17|| Front Page Top

#4 The stakes are not small: the offshore Levantine Basin (which Syria, Lebanon, Turkey, Greece, Cyprus, Israel and even Gaza will all have some claim to) is believed to have 120 trillion cubic feet of natural gas and considerable oil.

Syria, Greece, Gaza,Lebanon, Turkey? Syria is too busy killing citizens. Greece is broke and trying to figure out how to reclaim the good life--retirement at age 52. Gaza is too busy hating the Jews and waiting for Iran to fulfill its promises of wiping out Israel. Lebanon always has Hezbollah working in the background. Turkey is too busy moving away from secularism an towards fundamentalism. Looks like it is Israel's game.

Posted by JohnQC 2012-07-03 07:49|| 2012-07-03 07:49|| Front Page Top

#5 The problem is this... What will the Marxist EUSSR economies produce that the Israelis will want to buy?

Posted by Bright Pebbles 2012-07-03 09:00|| 2012-07-03 09:00|| Front Page Top

#6 Israel will continue to need arms from the West.

Posted by JohnQC 2012-07-03 09:16|| 2012-07-03 09:16|| Front Page Top

#7 It's amazing the line that forms to kiss your ass when you have oil.

And if the Muzzies run out and leave Israel owning the export market, then Europe will rediscover its love of nuclear power.

Posted by Slineter Big Foot3417 2012-07-03 11:02|| 2012-07-03 11:02|| Front Page Top

#8 The drilling company that made the most recent discovery was ATPG.

The company announcement is here.

It was just one well (the Shimshon- hebrew for Sampson) at this time. However, the hydrocarbon zone was pretty big. They will have a first actual estimate of the recoverable resource as soon as they redo their geo and seismic modeling. However, later estimates will require other wells and measurements during production testing.

Still, given that Europe needs natural gas badly (the high cost of nat gas in Europe is one of the things holding back the economy of several countries), this is a big deal.

Posted by lord garth 2012-07-03 14:24|| 2012-07-03 14:24|| Front Page Top

#9 What will the Marxist EUSSR economies produce that the Israelis will want to buy?

(1) Security for gas fields. If it's owned solely by Israel, there will be shahids in motor boats buzzing around like flies. That's before we consider what the crazy pasha of Istanbul might do. But, if part is owned by Russia...
(2) Maybe we'll want to buy Russian planes---sans electronics/software, of course. Maybe their AA rockets---to combine with Green Pine.
(3) We should bet Obama won't get reelected?

Posted by g(r)omgoru 2012-07-03 15:54|| 2012-07-03 15:54|| Front Page Top

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