Tuesday, May 18, 2010

New report finds Israel has 122 trillion cubic feet of natural gas


* 2010 Epicenter Conference to examine whether we are seeing events consistent with Ezekiel 38-39

By Joel C. Rosenberg
(Washington, D.C., May 17, 2010) -- A recently-released report by the U.S. Department of Interior indicates that Israel has massive reserves of natural gas and oil supplies just offshore, lying under the Mediterranean. "The U.S. Geological Survey estimated a mean 1.7 billion barrels of recoverable oil and a mean of 122 trillion cubic feet of natural gas in the Levant Basin Province using a geology based assessment methodology," stated the report's executive summary.

Israelis for years have lamented that if God wanted to bless them with a "promised land" He could have given them the oil-rich Arabian peninsula. Thus the report has become big news in the Israeli media and the energy industry. Several oil and gas companies are already at work there and have made more modest discoveries in recent years. But this is by far the biggest development to date and some reports indicate Israel could begin using the natural gas -- and possibly exporting it -- within two years.

What intrigues me is that such developments are consistent with several Bible prophecies that indicate petroleum will be discovered in Israel in the last days, adding to the nation's prosperity. For more details, please see Chapter Five of my 2006 non-fiction book, Epicenter: "FUTURE HEADLINE: ISRAEL DISCOVERS MASSIVE RESERVES OF OIL, GAS."

Just five weeks left to the 2010 Epicenter Conference. Please be sure to register today at www.epicenterconference.com to join us in Philadelphia June 25-26. Pastors, please visit the same site to sign up to show the live webcast to your congregation. Thanks and God bless you.


OTHER KEY STORIES ON THE WEBLOG (http://flashtrafficblog.wordpress.com/)

* Israel plays wargames assuming Iran has nuclear bomb
* Russia to sell jets, air defense systems to Syria
* NYT: Iran strikes nuclear deal with Turkey -- "Iran announced an agreement on Monday to ship some of its nuclear fuel to Turkey in a deal that could offer a short-term solution to its ongoing nuclear standoff with the West, or prove to be a tactic aimed at derailing efforts to bring new sanctions against Tehran."
* Iran step could boost ability to enrich uranium, diplomats say
* Washington Post: Iranian cleric wants creation of 'Greater Iran' -- "A radical cleric called Saturday for the creation of a 'Greater Iran' that would rule over the entire Middle East and Central Asia, in an event that he said would herald the coming of Islam's expected messiah, [the Twelfth Imam]"

(Graphic source: U.S. Department of Interior) 

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