What Happens When Israel Starts Pumping Oil?
This is a fascinating article questioning what will happen when Israel, who is already changing the region with its natural gas finds, starts seriously pumping oil.
The first statements set the stage:
It is a longstanding complaint that Israel is unfairly harassed in those international forums that deal with human rights. On the other hand, countries that are too big to harass, such as Russian and China, or that are oil rich, such as the Gulf states, get away with anything. Well, here’s news: Now that Israel has discovered vast offshore deposits of natural gas and even some oil, it can aspire to the status of a Gulf state. Not quite geographically, but in terms of the scruples that others can brush aside in their eagerness to do business. Read more…
We would love to hear your thoughts on this very question –
What happens when Israel starts pumping oil?