December 30, 2010

Israel Finds Huge Natural Gas Deposit Off Its Shore
— DrewM

Game changer?

On Wednesday, the frenzy got fresh fuel: Noble confirmed its earlier estimates that the field contains 16 trillion cubic feet of gas—making it the world's biggest deepwater gas find in a decade, with enough reserves to supply Israel's gas needs for 100 years.

It's still early days, and getting all that gas out of the seabed may be more difficult than it seems today. But Noble and its partners think the field could hold enough gas to transform Israel, a country precariously dependent on others for energy, into a net-energy exporter.

I'm guessing energy starved countries in Europe and around the world are suddenly going to have a new found respect for their favorite whipping boy. It's one thing to beat up a relatively poor country with nothing you need, it's quite another to deal with an increasingly prosperous country that exports a vital commodity. Ask the various Gulf states how they'd be treated if they weren't sitting on so much Black Gold.

As Eli Lake imagined it on Twitter (where I first saw this):

Dear Europe, Stop trying our officials in absentia and maybe we'll give u better prices than Gazprom. Yours, Israel

Naturally, no good thing is ever cost free. The usual suspects are using this to stir up trouble.

Despite these problems, Israel's gas find is making waves abroad. Lebanon has staked out its own claim to offshore gas. In August, lawmakers in Beirut rushed the country's first oil-exploration law through its normally snarled parliament.

Lebanon's oil minister, Gebran Bassil, an ally of the Shiite militant group Hezbollah, said in late October that his ministry hopes to start auctioning off exploration rights by 2012.

Iran, Israel's arch-nemesis and Hezbollah's chief backer, has also weighed in. Tehran's ambassador to Lebanon, Qazanfar Roknabadi, last month claimed that three-quarters of the Leviathan field actually belongs to Lebanon.

Mr. Landau, the Israeli infrastructure minister, denied the claim and warned Lebanon that Israel wouldn't hesitate to use force to protect its mineral rights.

No doubt the Obama administration is hard at work trying to figure out how to force Israel into not only a freeze on settlement construction but also an off-shore drilling moratorium.

It's going to be awhile before they can start exploiting this find but it seems a new and large variable has been added to the complex Mideast equation.

Posted by: DrewM at 08:30 AM | Comments (56)
Post contains 410 words, total size 3 kb.

1 Jew Gas!

Posted by: ersta mahnn at December 30, 2010 08:35 AM (S5YRY)

2 Am Israel chai!

Posted by: whoknows at December 30, 2010 08:35 AM (0GpN4)

3 Now they just have to keep their neighbors from fucking things up.

Posted by: Bosk at December 30, 2010 08:37 AM (pUO5u)

4

No doubt the Obama administration is hard at work trying to figure out how to force Israel into not only a freeze on settlement construction but also an off-shore drilling moratorium.

The most sarcastic snarks have become statements of fact in the Obamunist world.

Posted by: Curmudgeon at December 30, 2010 08:38 AM (ujg0T)

5 Let the slant drilling begin, bitchez!

Posted by: *Cynical* torabora at December 30, 2010 08:39 AM (QEmqs)

6

I feel like my work in the headlines section goes unnoticed.

sniff.

Posted by: Ben at December 30, 2010 08:42 AM (wuv1c)

7

Off Topic, but this a a TOTALLY WTF article:

Transcending the Human, DIY Style

Lepht Anonym wants everyone to know the door to transcending normal human capabilities is no farther away than your own kitchen. It’s just going to hurt like a sonofabitch.

Anonym is a biohacker, a woman who has spent the last several years learning how to extend her own senses by putting tiny magnets and other electronic devices under her own skin, allowing her to feel electromagnetic fields, or – if her latest project works – even magnetic north.

Since doctors won’t help her, she does it in her own apartment, sterilizing her equipment (needles, scalpels, vegetable peelers) with vodka. Good anesthetic is largely impossible to buy, so she screams a little, and sometimes passes out. But it’s worth it, for what’s on the other side.

[ . . . ]

So she began experimenting with homebrewed sensors. The metal itself is extremely toxic, so she needed a coating to bioproof it, finding a solution ultimately in a silicon putty-like substance called Sugru. But hot-gun glue works fine too, she says. (“I have lots of things in me coated in hot-gun glue,” she says.)

[ . . . ]

The medical consequences can be both severe and likely to elicit hostility from doctors. She’s put herself in the hospital several times. She nearly lost a fingertip the first time she tried to implant a neodymium disc herself. Various experiments with bioproofing have failed, with implants rusting under her skin, or her own self-surgeries turning septic.

But if that list of horrors isn’t enough to scare someone off, she’s also eager to help others avoid some of the mistakes she’s made in learning.
------

There's even more crazy in the entire article.

Posted by: Ed Anger at December 30, 2010 08:44 AM (7+pP9)

8 I'm a giver.

Posted by: The Tethys Sea at December 30, 2010 08:46 AM (ZTPeW)

9 Israel drinks Lebanon's milkshake!

Posted by: Farmer Joe at December 30, 2010 08:46 AM (z4es9)

10 This will send the conspiracy nuts into a tailspin.

Posted by: Andrew Ian Dodge at December 30, 2010 08:46 AM (ROQj7)

11 More Israeli money, more Israeli nukes, more vaporized muzzies. WIN WIN WIN.

Posted by: Oldsailor at December 30, 2010 08:47 AM (AovJ3)

12 Emergency UN resolution in 3...2...1...

Posted by: Burn the Witch at December 30, 2010 08:48 AM (fLHQe)

13 There is a potential upside if Lebanon gets even a bit of the field and its revenue.  It's possible that they'll tell Iran to pound sand. I guess we'll find out how attached they are to radical Islam, even if it means letting another country call the shots in yours.   OTOH, they could use the money to buy more weapons with which to attack Israel. 

Posted by: pep at December 30, 2010 08:49 AM (3ll0O)

14 Ok.  You killed Jesus, but God is still lookin out for your ass. +1

Posted by: tangonine at December 30, 2010 08:51 AM (x3YFz)

15 As a show of good faith Israel should run the pipeline through the Gaza Strip.

Posted by: Mini-Mao at December 30, 2010 08:52 AM (ZTPeW)

16 Some one set us up the bomb!

Posted by: Lebanon at December 30, 2010 08:52 AM (S5YRY)

17 Can't wait to see the expressions on the Israelis faces when they discover that they tapped into the gases rising from a 3,000- year accummulation of shit in Syrian and Babylonian cesspools.

Posted by: Brian at December 30, 2010 08:54 AM (sYrWB)

18 Posted by: pep at December 30, 2010 01:49 PM (3ll0O)

Yeah, there are a lot of ways this could play out. Unfortunately, history indicates it will be one of the messier, less optimal paths they wind up going down.

Posted by: DrewM. at December 30, 2010 08:55 AM (HicGG)

19

The Romans killed Jesus. The execution had to happen under Roman authority. Yes SOME of the Pharisees wanted Jesus out of the way, but the Romans killed him.

Where is the Roman Empire now?

Posted by: Reader C.J. Burch writes.... at December 30, 2010 08:56 AM (sJTmU)

20 So this is the reason that Obama is down on Israel

Posted by: Buffalobob at December 30, 2010 08:56 AM (GwH6h)

21 Mr. Landau, the Israeli infrastructure minister, denied the claim and warned Lebanon that Israel wouldn't hesitate to use force to protect its mineral rights. That might actual mean something, coming from Israel.

Posted by: Jean at December 30, 2010 08:57 AM (judfL)

22 How does this help Michelle's children?

Posted by: Vic at December 30, 2010 08:57 AM (M9Ie6)

23 Israel wouldn't hesitate to use force to protect its mineral rights.

You rang?

Posted by: Abacus Stuxnet at December 30, 2010 08:59 AM (3ll0O)

24 #21 That might actual mean something, coming from Israel.

With Bibi at the helm, yes. 

Posted by: Kratos (Ghost of Sparta) at December 30, 2010 09:02 AM (9hSKh)

25 19

The Romans killed Jesus. The execution had to happen under Roman authority. Yes SOME of the Pharisees wanted Jesus out of the way, but the Romans killed him.

Where is the Roman Empire now?

Posted by: Reader C.J. Burch writes.... at December 30, 2010 01:56 PM (sJTmU)

Pretty sure I read the book of Matthew and actually understood it.  Pilate didn't give a hoot about what the jews wanted, so he turned it over to them.

Posted by: tangonine at December 30, 2010 09:04 AM (x3YFz)

26 Pep - It does give Israel some interesting cards to play with any non-Hezbo Lebanese. Along the lines of - give us the location of X, and you get a slice of the gas revenue. This could also trigger another civil war in Lebanon.

Posted by: Jean at December 30, 2010 09:06 AM (HKVGZ)

27 Wow, a lot of Joooo hate in the comment section of that article.

Posted by: Asscrackerton at December 30, 2010 09:14 AM (0ba8c)

28 The tribe of Asher will dip his foot in oil.

Posted by: Velvet Ambition at December 30, 2010 09:18 AM (CcqND)

29 I don't see a scale on the map, but I'd guess maybe 40 miles offshore.  IOW the wellheads will be well within the range of an explosives-laden speedboat.  Interesting times. 

Jean-
One of the Michaels (Totten or Yon) had a nice series of dispatches on Lebanese politics.  A Gordian knot doesn't begin to do it justice.  I doubt even the players know which side they're on.

Posted by: pep at December 30, 2010 09:19 AM (3ll0O)

30 this will become a bargaining chip in the "peace" in 3 .. 2.. 1 ...

Posted by: Jeff at December 30, 2010 09:31 AM (A3tpD)

31 I can't wait to hear the bizarre new Zionist conspiracy theories the arab and moslem world is going to use to explain this gas find .
Comedy gold , baby .

Posted by: awkward davies at December 30, 2010 09:33 AM (YCW1b)

32 in before john Ryan's judenhass.

Posted by: toby928 at December 30, 2010 09:40 AM (S5YRY)

33 the chosen

Posted by: garrett at December 30, 2010 09:41 AM (TZh2P)

34 What did they think those Zionist Sharks were there to protect?

Posted by: garrett at December 30, 2010 09:42 AM (TZh2P)

35 Cue the idiots - let by our own Idiot-in-Chief most likely - screeching about how Israel must share its newfound riches with its piss poor slacker Arab neighbors, and down the road a bit, cue a nonstop flotilla of suicide boats trying to blow the offshore rigs up once some are in place and producing. And, the resulting environmental disaster, should one succeed, will, of course, be the fault of the Jews. Because, well, you know, everything is. Except on the days of the week it's America's fault and/or the days when it's America's and Israel's fault at the same time.


Posted by: davidingeorgia at December 30, 2010 09:44 AM (02KaY)

36 What did they think those Zionist Sharks were there to protect?

Nice.  Today's AoS referential meme award goes to garrett.

Posted by: toby928 at December 30, 2010 09:44 AM (S5YRY)

37

Wait a minute....a massive blizzard hitting the East Coast....Britain glaciating in the coldest winter in a millenium....thereby the AGW movement becoming an international joke...oil prices spiking...and then, the Israelis find a massive LNG field off their shores? 

There must be something to those Torah codes.

Posted by: Big Fat Meanie at December 30, 2010 09:46 AM (3iMgs)

38 Posted by: toby928™ at December 30, 2010 02:44 PM (S5YRY)

Maybe but it's not like this is the first time people have said this about her. And not staffers for Joe Biden but people who worked for and supported her have said more than once there were issues with the finances of her campaigns.

It's not like this is out of the blue or beyond the realm of the possible, is it?

Posted by: DrewM. at December 30, 2010 09:50 AM (HicGG)

39 Whoops. That was the wrong thread for number 38.

I blame the Jews.

And denounce myself.

Posted by: DrewM. at December 30, 2010 09:51 AM (HicGG)

40 Oy vey!

Posted by: The Guy Who Says "Oy vey!" at December 30, 2010 09:53 AM (ZTPeW)

41 Didn't Golda Meir once say that if God really loved the Jews, he would have put oil fields in Israel?  Maybe he just decided to wait and give them a cleaner fuel.

I can't wait to see how Obama tries to screw this up for them.

One concern, it won't take much of a terrorist attack to make a big bonfire, but at least it will burn clean.


Posted by: Hrothgar at December 30, 2010 09:55 AM (8nf3A)

42

I feel like my work in the headlines section goes unnoticed.

sniff.

Posted by: Ben at December 30, 2010 01:42 PM (wuv1c)

I noticed it, and it pissed me off, too... but we kind of knew the NYT had jack-all to do with actual *news* and was just a place for rich leftists to reinforce their own delusions of adequacy.

Too bad every newsroom in the country still gets a copy of this treacherous rag.

Posted by: Merovign, Strong on His Mountain at December 30, 2010 09:55 AM (bxiXv)

43 It's not like this is out of the blue or beyond the realm of the possible, is it?

No, but I have become totally cynical about all these stories.  I mean, it's quite possible that she is in technical violation of some law, or regulation, or guideline or whim of the authorities.  But pretty much every campaign is.  And to puff it like this, when there may not even be an actual investigation is, well, kind of like that BS Kirk story the other day about a letter he wrote in September of 2009.

The MFM lies.  It's what they do.

Posted by: toby928 at December 30, 2010 09:56 AM (S5YRY)

44 Whoops. That was the wrong thread for number 38.

Shit, and I responded on the wrong thread.

I'm double denounced.

Posted by: toby928 at December 30, 2010 09:57 AM (S5YRY)

45 OMG The WSJ comments really *are* full of teh stoopid.

It hurt just to read a couple of pages of the anti-everything ranting and looney-tunes alternative history.

Why oh why did we have to close the public mental hospitals!?!? I mean, sure they were horror chambers, but they kept these people off the interwebs!

Also, the interwebs did not exist so much back then, but DETAILS!

Posted by: Merovign, Strong on His Mountain at December 30, 2010 10:03 AM (bxiXv)

46

Only one thing could make this story perfect: the simultaneous announcement that the oil exploration companies miscalculated, and the Muslims (Arabs and Iranians) will run out of oil and natural gas next year.

That would be perfect.

Posted by: Jay Guevara at December 30, 2010 10:15 AM (m+Utx)

47 Are you also divergent, friend?

Posted by: LJ Washington at December 30, 2010 10:16 AM (S5YRY)

48 And each OPEC move ends up enriching the Israelis. I do so look forward to the Islamic Lefty head explosions.

Posted by: t-bird at December 30, 2010 10:21 AM (kho+0)

49 1 Jew Gas!

Posted by: ersta mahnn

-----

Winner!

Posted by: BigGator5 at December 30, 2010 10:24 AM (XQgW6)

50 35 Cue the idiots - let by our own Idiot-in-Chief most likely - screeching about how Israel must share its newfound riches with its piss poor slacker Arab neighbors, and down the road a bit, cue a nonstop flotilla of suicide boats trying to blow the offshore rigs up once some are in place and producing.

In my current condition, I would be most happy to be a sail for one of those boats

Posted by: Rachel Corrie at December 30, 2010 10:59 AM (vdfwz)

51 # 1

That's Jew Gas TM

Posted by: TexBob at December 30, 2010 11:06 AM (7cXE7)

52 I hope Israel tells all the surrounding muslim countries to go pound sand on this.

Good for them!

Posted by: TexBob at December 30, 2010 11:07 AM (7cXE7)

53 It's no use relying on natural gas. U.S. supplies will be exhausted by 1980. Global supplies will be exhausted by 1990.



Posted by: Jimmy Carter at December 30, 2010 11:25 AM (aWrFJ)

54 No doubt the Obama administration is hard at work trying to figure out how to force Israel into not only a freeze on settlement construction but also an off-shore drilling moratorium.

Yeah, first thing that crossed my mind, Obama browbeating with his moral authority. If we can do without and forfeit our fields to foreign industry, you must as well.

Posted by: maverick muse at December 30, 2010 12:36 PM (H+LJc)

55 Difference between the Jews and the Muslims is this: the Jews will use their ingenuity to get that gas out of the sea as cleanly as possible. The Muslims will use their "ingenuity" to blow up the Jews's pipelines. Creative ingenuity vs destructive energy.

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