Black gold


I blogged how Israel wants the natural resources of its neighbors but didn’t know about this!

…..the invasion of Gaza was in part motivated by vital energy resources, too. According to an article by Jake Bower, “Why It Rains: Hamas holding Israeli gas reserves hostage”:

“GAZA: Plans for proposed $400,000,000 offshore natural gas field development project….The deposit reportedly contains an estimated 50 to 60 billion cubic meters of natural gas. The field… is considered to be the largest in the area north of Egypt….

Estimated at 100 billion cubic meters of proven reserves, these discoveries potentially offer enough gas to meet Israel’s goal of supplying 25% of its energy needs for more than 20 years – even without further imports. The discovery has also raised realistic expectations of locating oil deposits beneath the gas fields.

Unfortunately for Israel, 60% of these reserves are in waters controlled by the Palestinian Authority, which has signed a 25-year contract with British Gas for further exploration in the area…. Keen to secure the gas for its domestic market but unwilling to submit its sensitive energy supplies (and their profits) into the hands of the Palestinians, Israel has for the past 6 years pursued a policy of non-commitment, stalling and obstruction.” (Jake Bower, “Why It Rains: Hamas holding “sraeli” gas reserves hostage”) http://tinyurl.com/7y2bcf

The natural gas deposits are just one more reason why Israel plans to remove Hamas and replace them with Mahmoud Abbas and the corrupt Palestinian Authority (PA).

The Middle East is being reshaped according to the ideological aspirations of Zionists and the exigencies of a viciously-competitive energy market. That’s a combo that makes peace nearly impossible.

Go figure.

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