Oil & Gas Found Off Coast Of Israel

Monday, April 12, 2010 Israel Today Staff.
Israel to become center of new 'oil and gas rush'
A top US energy industry expert believes Israel is going to soon experience an "oil and gas rush" by major Western energy development companies. Speaking to the Israeli financial newspaper Globes, Fred Zeidman said the recent discovery of a massive natural gas field off Israel's Mediterranean coast had drawn the attention of every major Western energy company.
Israeli companies Delek and Isramco have already tapped the natural gas field, together with British energy giant Noble Energy. Zeidman noted that quite often, "as soon as Noble goes to a place, many other companies follow in its wake."
That could mean an enormous economic boom for Israel and its transformation overnight into a major international energy exporter. The natural gas field in the Levant Basin (the western Mediterranean) is estimated to hold 122 trillion cubic feet of recoverable natural gas, making it the largest natural gas resource ever found. The area is also believed to contain at least 1.7 billion barrels of recoverable oil.
Well, God the Father, in these last days, will not abandon His first love - the Children of Israel and He had caused oil and gas to appear in the Mediterranean Sea off the coast of Israel and this reminded me of the prophecy that Moses gave to the tribe of Asher in Deuteronomy 33:24-25
v24 And of Asher he said: -- Blessed with sons [is] Asher, Let him be accepted by his brethren, And dipping in oil his foot.
v25 Iron and brass [are] thy shoes, And as thy days -- thy strength.

Great things indeed are happening in the land of Israel and we will soon be witnessing more spectacular event there.God had been faithful to the children of Abraham - both Ishmael and Isaac. The descendants of Ishmael are the people who live in the Middle East while the descendants of Isaac are the Israelis. The Arabs already had their share of the wealth of the land - oil and gas - and I believe the Lord wants to prosper the nation of Israel in these last days to demonstrate to them His grace and mercy and to draw them back to Himself and to Christ.And if we were to examine the maps of ancient Israel and look at how Moses prophetically commanded Joshua to divide the land of Israel into the twelve tribes, we would have no trouble locating where exactly the oil was to be found - off the coast (Moses called it dipping in oil his foot) of Haifa in the region of Mt. Carmel. Notice that the region literally looked like a foot sticking into the sea.