Posted on 09/06/2004 8:01:11 AM PDT by yonif
For the first time in many years, a new commercially viable oil well has been discovered in Israel. The Lapidot Oil Company recently concluded a drilling in Heletz, northeast of Sderot, and found a deposit of some 750,000 barrels worth of oil. The total worth of the deposit, at today's inflated prices, is well over $30 million. At present, 60 barrels a day are being produced, but it is estimated that this will increase very soon.
In other Israeli fuel news, Ilan Cohen, Director of the Prime Minister's Office, decided yesterday to advance the construction of a 28-kilometer sea transport system linking a gas platform to a desalination plant currently in advanced stages of construction. The system will link the Tethys Sea partnership's gas platform to the desalination plant south of Ashkelon, which will thus be able to operate by means of natural gas as soon as next year.
The use of natural gas is expected to minimize damage to the environment caused by the power plants, and will also lead to a reduction in electricity costs.
The Prime Minister's Office reports that in 2002, a natural gas field was discovered off the Ashkelon coast; in 2003, a production platform and natural gas sea pipeline were built off the Ashkelon coast to transport the gas to Ashdod; and in January 2004, Ashdod's Eshkol gas-fired power plant - which produces approximately 10% of Israel's electricity - began operations. The introduction of natural gas for use in Israel has led to savings of approximately $15 million per annum.
The Israeli electricity sector is expected to complete the transition to natural gas by 2012, when approximately 50% of Israel's electricity will be produced by natural gas.
According to God,
ABSOLUTELY NOT!
I'm abundantly happy to take God's word for it.
Arafart's a sniveling murderous demonized, Commie-ized, hateful, idiot, globalist, homosexual, horror story.
Isn't there a way to drill deep enough, and sideways, so as to grab oil from under other nations? If anyone could do it, Israel could. And how would Saudi Arbia know?
(You post is very reminiscent of the replay I gave a pali heckler at a counter demonstration.
It was in response to her question: "Do you know what they called palestine in the Bible?"
My response was, "They called it the land that GOD himself gave his chosen people, the Jews."
She blanched, turned on her heel and walked away)...
*sigh* replay=reply...
Not too many dinosaurs died there. It wasn't kosher.
BTTT!
GOOD FOR YOU!
LOVE IT.
THX.
I'd like to see Israel drill diagonally and pump all of the oil out from under Saudi Arabia.
I'd like to see Israel drill diagonally and pump all of the oil out from under Saudi Arabia.
Dang. :O)
Hal is a bit like Debka. I don't expect his prophecy to come true tomorrow, but I find him very entertaining and I learn scripture.
As I understood him then and now . . .
he makes 0.000000% claim to being any kind of prophet or to having any prophetic gifting.
He's merely a good researcher with some evolved good connections and a somewhat tolerable analyst, imyo.
If you go to the Zion Gas and Oil Web page:
http://www.zionoil.org/report.htm
“click on the map. Right above the map legend you will see:
“reported commercial discovery of 980 million barrels of oil in place”
in their deluded little minds, floods of petrol squirting into the sand in Russia or the middle east or pouring into the ocean from leaky tankers somehow doesn't hurt the environment in CA or NJ. Go figure!
Self sufficiency is a good thing. There will be a Peak Natural Gas to follow Peak Oil by a few years. But for the time being the world is ticking along.
Oil Vey!
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