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Massive oil/gas deposits found of coast of Israel

Posted By Tom Jackson On July 23, 2012 @ 6:00 am In Construction Blog | No Comments

[1]Energy, in the form of hydrocarbons, seems to be springing up everywhere, including the coast of Israel. [2]

Israel has been a relatively poor country, resource-wise, except for agriculture. This should change that substantially–one hopes for the better.

Who was the comedian who said: “Moses wanded in the desert for 40 years and found the only piece of land in the Middle East with no oil.” Well, no more.

So much for peak oil.

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[1] Image: http://www.equipmentworld.com/files/2012/07/israel.jpg

[2] including the coast of Israel.: http://etfdailynews.com/2012/07/02/investing-in-israels-epic-oil-and-gas-boom/

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