Tag Archives: OPEC
Israeli Oil: Black Gold in the Holy Land
(June 18, 2011) On Tuesday, June 14, Zion Oil & Gas, Inc. announced it has requested a petroleum exploration permit to develop large shale oil deposits in the Shfela Basin, 30 miles west of Jerusalem. Continue reading
Lawrence Solomon: Israeli oil could bust the OPEC cartel
(June 13, 2011) The old energy order in the Middle East is crumbling and a new energy order is emerging to give the West some spine. In this new order, Israel is a major player. Continue reading
Lawrence Solomon: Oil redeems Israel
(June 6, 2011) Prior to the 1973-74 OPEC Oil Crisis, Israel was the darling of the left, extolled as a feisty, altruistic country that made socialism work in a hostile neighbourhood of Arab military dictatorships and Muslim theocracies. The liberal press defended Israel against those who objected to Israel’s existence. The liberal intelligentsia – Jew and non-Jew alike – sent their youth to Israeli kibbutzes, to be inspired by this utopian model of communal life where all recieved the same age, regardless of occupation. Continue reading