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Subject: Israeli gas discoveries and shale gas potential
The Israeli’s have made some very large oil and gas discoveries in the off-shore Mediterranean Sea, but the major western oil companies like Royal Dutch Shell are not interested in investing in this new frontier. Wonder why ? How about fear of retaliation by Islamic terrorist groups and boycotts by Arab countries?
We can guess why Royal Dutch Shell won’t go near Israel – the company’s historical antisemitism during its association with Hitler and the Nazis.
Israel has massive potential in its oil shale resources, almost as much as the US and China. Perhaps as much as Saudi Arabia. Israel could in fact, in the next 20 years, become a serious exporter of oil and gas. read more
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