US Expert Predicts 'Oil and Gas Rush' to Israel; East Jerusalem building halted without fanfare
A US energy industry expert estimates that international companies may soon join exploration efforts for oil and gas in Israel.
The U.S. Geological Survey estimates that 122 trillion cubic feet of undiscovered, recoverable natural gas are in the Levant Basin Province in the eastern Mediterranean region, according to a new report.
The area includes the coastal areas near Israel, Lebanon and Syria.
“The Levant Basin Province is comparable to some of the other large provinces around the world,” stated Brenda Pierce, USGS Energy Resources Program Coordinator. “Its gas resources are bigger than anything we have assessed in the United States.”
The Levant Basin Province also holds an estimated 1.7 billion barrels of undiscovered oil, that can be recovered with existing technology. This is the first time the USGS has assessed the Levant Basin area for extractable resources. (IsraelNationalNews.com)
A US energy expert is predicting that international companies will soon be flocking to Israel in search of what they believe is a hidden gas and oil bonanza in and around Israel.
The discovery of a major resource in Israel is completely in line with what Bible prophecy predicts for the future. Ezekiel 38:4 & 12 states that Russia will lead a future attack against Israel for the sole purpose of taking a spoil. Russia is a world leader in gas and oil, and is continuously searching for new areas to explore. Case in point, Russia has continually tried to claim Antarctica as their property for the purpose of exploration. They have yet to convince the UN to accept this as a legitimate claim.
At this time, Israel has little in the way of resources, but the Bible says that one day soon that will all change. Whatever this resource turns out to be, it will captivate Russia so deeply that they will be unable to ignore it (Ezekiel 38:4). It will be at this time that God will literally lead them to their slaughter.
In other news, US President Barack Obama is hosting a major world summit with virtually all of their strongest allies absent. Many of his critics believe this is just another example of his inexperience in foreign policy matters.
World leaders who are noticeably absent are Israeli Prime Minister Benjamin Netanyahu and British Prime Minister Gordon Brown. The countries of both leaders have had strain relations with the US as of late. Other notable no-shows are Australia and Saudia Arabia.
Many believe these no-shows by longtime allies is due to the fact that President Obama is more interested in embracing the enemy than old friends. “He seems to want to engage rivals, even enemies, more than spend time with friends and allies,” said David Kramer, a top State Department official in the Bush administration (Dailycaller.com).
His inability to foster foreign relationships has much to do with why he is unable to move the peace process forward. He has lost a tremendous amount of respect in the global community to the point that many leaders just do not fear the backlash that would have come from previous US administrations for missing such a meeting.
Speaking of the Middle East peace process, former US President Jimmy Carter and his National Security advisors are suggesting President Obama should present a peace plan, and if not accepted, take it before the UN. He believes, by doing so, it would receive sweeping world approval that would force the parties to make peace or face heavy sanctions. Of course, the sanctions would mainly be directed toward Israel since the Palestinians have very little to offer.
Even though the peace process seems to be continuously taking one step forward and two steps back that will all end soon enough. How soon is soon is the big question. Unfortunately, I nor anyone else can answer that question, but all Bible prophecy experts seem to be in one accord on the fact that the stage is definitely set.
Frankly, when Christian's are raptured, I believe that will set the final wheels in motion that will speed head long toward peace. The rapture of the church will also take the final Hand of God off of the United States likely plunging it into destruction or international obscurity. Either way, they will not be of note when the Lord comes back!
Breaking News: A leading Israeli daily reports that without fanfare, all building in Jerusalem that requires the approval of the district planning committee has been frozen for more than a month. The reason cited is tension between the Netanyahu government and the Obama administration. The newspaper Haaretz quotes architects as complaining that even plans already approved are not receiving final sign-offs from the district committee chairwoman resulting in a backlog of projects awaiting approval. They attribute the delay to the political tension (The Media Line).
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