Catching Up with the Cousins: Israeli Oil Finds…….
“The prospected find comes in the wake of an unrepresented amount of natural resources being discovered in Israel in recent months. Last month, the U.S. firm Noble Energy, which together with its Israeli partners has been carrying out exploratory drilling at three sites off the Haifa coast, raised its reserve estimate at the Tamar field by 15%, to 238 billion cubic meters. The firm also announced it would start natural gas exploration at the Leviathan offshore prospect off Israel's coast in the fourth quarter of this year. The latter announcement came in the wake of estimates of 16 trillion cubic feet of natural gas in the prospect….…..”
Legend, my own, has it that long ago, the Jews and Arabs split, one side heading north toward the fruit and olive orchards (before there was a Wall Street and Hollywood and Harvard Law School) while the others headed south toward the hidden oil fields and their eventual rendezvous with the West (oil companies, bankers, and arms dealers). I had always thought that is the way things will remain, but apparently not.
Cheers
mhg
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