Oil in Israel has not been found in a way that would give Israel Energy Independence. This has left the small Jewish State (roughly the size of New Jersey) rather dependent on other nations to supply her oil.
OFTEN, THIS DEPENDENCE HAS LEFT ISRAEL AT THE MERCY OF EUROPE AND THE OBAMA ADMINISTRATION.
This has also allowed the Muslim nations to hold the “oil weapon” over Israel’s head.
Another oil exploration company, Zion Oil & Gas‘ CEO, had this to say about the potential find:
Recent Israeli news articles are touting a significant Afek Oil & Gas / Genie Energy oil find in Israel’s Golan Heights. We at Zion Oil & Gas are “cautiously optimistic” that the oil discovery would ultimately prove successful.
It is indeed good news that there appears to be oil saturation in an equivalent rock layer to the source rock we are searching for in our Megiddo-Jezreel License that is relatively nearby geographically. The true test for Afek is to see if the oil underground is producible above ground in commercial quantities. (Read more…)
This is exciting news and might also be a sign of Biblical Prophecy coming to pass:
PROPHECIES BEING FULFILLED?
Zion believes this is the beginning of these prophecies:
“So the Lord alone did lead him, and there was no strange god with him. He made him ride on the high places of the earth, that he might eat the increase of the fields; and he made him to suck honey out of the rock, and oil out of the flinty rock…” Deuteronomy 32:12,13
“When I washed my steps with butter, and the rock poured me out rivers of oil…” Job 29:6