Jackpot: Huge natural gas reserves found off Israeli coast

posted at 6:50 pm on December 30, 2010 by Allahpundit

Good news indeed, although I can’t shake the nagging feeling that tossing another huge energy find into the fray of Middle Eastern geopolitics might end up having unfortunate unintended consequences.

You know me. Always the pessimist!

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.

Such a transformation could potentially alter the geopolitical balance of the Mideast, giving Israel a new economic advantage over its enemies…

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.

According to the U.S. Geological Survey, the entire zone may have reserves of 122 trillion cubic feet of gas, which is half the proven reserves of the entire United States. To entice you into reading the whole piece, there’s a fun subplot in there about Israel clamoring to retroactively raise its royalty rates on oil companies — which had traditionally been unusually low — in order to reap a windfall from the find, with the State Department (and Bill Clinton!) lobbying hard against it on behalf of the local American energy company. Believe it, my friends: Prominent Democrats, including the diplomatic arm of the Obama administration, coming out hard against … energy taxes.

Exit question: What will Israel get in return when it inevitably gives up its hugely lucrative claim to the gas field as part of some tenuous peace deal? A promise from Hezbollah not to kill every last Jew in the Holy Land?


Related Posts:

Breaking on Hot Air

Blowback

Note from Hot Air management: This section is for comments from Hot Air's community of registered readers. Please don't assume that Hot Air management agrees with or otherwise endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose their posting privilege.

Trackbacks/Pings

Trackback URL

Comments

No wonder the Arabs hate David. He’s got brains.

Limerick on December 30, 2010 at 6:53 PM

Anybody read “Epicenter”?

I think it was oil in the book, but, close enough!

Tony737 on December 30, 2010 at 6:53 PM

Believe it, my friends: Prominent Democrats, including the diplomatic arm of the Obama administration, coming out hard against … energy taxes.

This would normally surprise me, but since we all live in Bizarro world now, I can’t say I am shocked.

Listening to them contradict themselves on it will be amusing though.

portlandon on December 30, 2010 at 6:54 PM

Heh.

Love it.

mankai on December 30, 2010 at 6:55 PM

Let’s see, Texas, Israel, and Russia using what God gave them……GAS.

Limerick on December 30, 2010 at 6:56 PM

“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.”

Now that’s just crazy talk…

… What fool thinks that if a country harvests it’s own energy supplies could possibly become energy independent, and might have some extra cash at the end of the day to boot?

Oh, wait!

Seven Percent Solution on December 30, 2010 at 6:59 PM

Awesome. And the Israelis are the people who have the ingenuity to develop it too.

Maybe they can build a nice pipe to feed Europe so Russia can hold than over their wussie heads anymore.

AshleyTKing on December 30, 2010 at 6:59 PM

Wait. I don’t get it. How are a nation’s natural resources an economic and strategic boon to that country? We’ve got oil, but we can’t touch it. We’ve got entire valleys in California, sitting fallow. I assumed that every other nation in the world is as careful about the environment as we are. Don’t all nations hamstring themselves by NOT pursuing their national energy interests in the name of conservation and minimalism? Huh.

Weight of Glory on December 30, 2010 at 7:00 PM

Believe it, my friends: Prominent Democrats, including the diplomatic arm of the Obama administration, coming out hard against … energy taxes.

Big Surprise, they aren’t for energy taxes unless they go into their pockets, not some other undeserving country.

Cindy Munford on December 30, 2010 at 7:01 PM

How long until Liberals demand Israel give up 50% of it to fund a Palestine State with new “houses” (Bunkers) & “Food and Aide” (Bombs and Weapons)???

portlandon on December 30, 2010 at 7:01 PM

Mazeltov!

Little Boomer on December 30, 2010 at 7:04 PM

Maybe they can build a nice pipe to feed Europe … – Ashley

Islamic terrorists looooove pipes … they’re easy to attack.

Maybe if the pipe is underground?

Tony737 on December 30, 2010 at 7:06 PM

Tehran’s ambassador to Lebanon, Qazanfar Roknabadi, last month claimed that three-quarters of the Leviathan field actually belongs to Lebanon.

Yeah, Hezbollah can use the vaunted super-advanced muslim technology to get the gas out of the seafloor. I can see ‘em now, sending women divers down in burkhas, their pockets stuffed full of condoms and carrying a shovel.

Cicero43 on December 30, 2010 at 7:06 PM

Julian Simon….right again

thebrokenrattle on December 30, 2010 at 7:07 PM

War marches closer

blatantblue on December 30, 2010 at 7:08 PM

According to the U.S. Geological Survey, the entire zone may have reserves of 122 trillion cubic feet of gas

That’s nothing. The local deli produces half of that every thursday with its pastrami on rye specials.

DrAllecon on December 30, 2010 at 7:09 PM

This and all finds are obviously contiguous with, and part of the Palestinian Territories! And Gaza! And Egypt!

ParisParamus on December 30, 2010 at 7:09 PM

War marches closer

blatantblue on December 30, 2010 at 7:08 PM

Let’s hope not..:)

Dire Straits on December 30, 2010 at 7:09 PM

The Code Pinkos must be having convulsions right now. Two things they hate most, Oil Companies and Israel combined in the same Zionist plot!

OxyCon on December 30, 2010 at 7:12 PM

What will Israel get in return when it inevitably gives up its hugely lucrative claim to the gas field as part of some tenuous peace deal? A promise from Hezbollah not to kill every last Jew in the Holy Land?

You promised you’d kill me last!!!

I LIED.

tommylotto on December 30, 2010 at 7:12 PM

Netanyahu, stuxnet, now this. Must be great to be an Israeli right now, good for them!

roy_batty on December 30, 2010 at 7:13 PM

It’s been a good week for digging in Isreal. First they found some teeth that are 400,000 years old possibly indicating that the first humans came from Israel not Africa. Then they found the first human’s outhouse, which is now covered by ocean and located off shore. Then when they started to explore the outhouse dig they found…. you guessed it: a tremendous pocket of natural gas and the remains of some kosher hot dogs and sourkraut. What no mustard? Guess that was a later invention.

shmendrick on December 30, 2010 at 7:13 PM

shmendrick on December 30, 2010 at 7:13 PM

Wow really?
Can you link me to the human discovery?

blatantblue on December 30, 2010 at 7:14 PM

Good news for Israel. Now if the Middle East region would become a land of peace. It seems every nation has a wealth in oil and gas that could make them all wealthy. Chance of peace…………..zero.

SC.Charlie on December 30, 2010 at 7:15 PM

Congratulations Israel!

FloatingRock on December 30, 2010 at 7:16 PM

Does this remind anyone else of Clancy’s “The Bear and the Dragon”? First thing that crossed my mind anyway.

Patrick Ishmael on December 30, 2010 at 7:24 PM

Anybody read “Epicenter”?

I think it was oil in the book, but, close enough!

Tony737 on December 30, 2010 at 6:53 PM

Was it Epicenter or one of Rosenberg’s fictional stories? I’m off to my bookcase to rummage…

Mr_Magoo on December 30, 2010 at 7:30 PM

You know what would be keewwlll…

… If Israel partnered with China to harvest the gas.

And of course, China would have to protect it’s partners and interests…

Seven Percent Solution on December 30, 2010 at 7:33 PM

And of course, China would have to protect it’s partners and interests…

Seven Percent Solution on December 30, 2010 at 7:33 PM

China’s to busy partnering with Cuba and drilling off the Florida coast..:(

Dire Straits on December 30, 2010 at 7:35 PM

Patrick Ishmael on December 30, 2010 at 7:24 PM

Ok, I’ll bite. How does this remind you of the Bear and the Dragon?

shmendrick on December 30, 2010 at 7:35 PM

Exit question: What will Israel get in return when it inevitably gives up its hugely lucrative claim to the gas field as part of some tenuous peace deal?

I can hear it now: Give us that natural gas, and we won’t have to build that nuclear reactor for “peaceful, energy purposes”!”

JetBoy on December 30, 2010 at 7:39 PM

You know what would be keewwlll…

… If Israel partnered with China to harvest the gas.

And of course, China would have to protect it’s partners and interests…

Seven Percent Solution on December 30, 2010 at 7:33 PM

How far this country has strayed from it’s allies….
How funny is it that Seven is dead-to-rights accurate about the possibilities…

viviliberoomuori on December 30, 2010 at 7:40 PM

Mr_Magoo on December 30, 2010 at 7:30 PM

Rosenberg’s The Last Jihad

darwin-t on December 30, 2010 at 7:46 PM

China’s to busy partnering with Cuba and drilling off the Florida coast..:(

Dire Straits on December 30, 2010 at 7:35 PM

They have plenty of our IOUs to diversify.

darwin-t on December 30, 2010 at 7:48 PM

China’s to busy partnering with Cuba and drilling off the Florida coast..:(

Dire Straits on December 30, 2010 at 7:35 PM

They are all over the world…

… Hooking up with Israel would get their foot in the door in the Middle East, then they would be entrenched, and not give a rice bowl to the sensitivities of the Muslim street.

Seven Percent Solution on December 30, 2010 at 7:52 PM

The Israelis will take a much shorter time than 10 years to get the gas to market. Mark my words.

Jimmy Doolittle on December 30, 2010 at 7:53 PM

Now I’m sure we’ll be driving CNG cars in the future. The Israelis will develop the technology and sell it to us. Good for them.

Bugler on December 30, 2010 at 7:54 PM

Hearings at the U.N. to determine “suggested” percentages to deliver to “the Palestinians” in 5, 4, 3,. . . .

Jason Coleman on December 30, 2010 at 7:56 PM

Yep, China can drill and do whatever it wants to do in the Gulf of Mexico. Their regulatory powers have very little interest in doing little or no harm to “our” environment? However, they are going nuclear, big time. As I understand they are building hundreds of nuclear reactors for electrical power. I hate dictatorships, but sometimes they can get things done that constitutional democracies can’t.

SC.Charlie on December 30, 2010 at 8:00 PM

Jacob and Esau………..all over again.

PappyD61 on December 30, 2010 at 8:08 PM

but sometimes they can get things done that constitutional democracies can’t.

SC.Charlie on December 30, 2010 at 8:00 PM

We still have a Constitutional Republic? Links, please.

Who is John Galt on December 30, 2010 at 8:09 PM

Patrick Ishmael on December 30, 2010 at 7:24 PM

Ok, I’ll bite. How does this remind you of the Bear and the Dragon?

shmendrick on December 30, 2010 at 7:35 PM

Another reason for the Kings of the East (India/China) and the Northern power to be interested in walking into the area to take a spoil?

PappyD61 on December 30, 2010 at 8:10 PM

China also doesn’t have to contend with the EPA. Nuclear waste? No problem! Glow in the dark? That’s a feature. We gots da power! Chernobyl whats that?

shmendrick on December 30, 2010 at 8:11 PM

What will Israel get in return when it inevitably gives up its hugely lucrative claim to the gas field as part of some tenuous peace deal?

Won’t happen.

On the find…Russian subs activity spotted near by.

Schadenfreude on December 30, 2010 at 8:16 PM

What will Israel get in return when it inevitably gives up its hugely lucrative claim to the gas field as part of some tenuous peace deal?

Israel should give up nothing and expect exactly the same if it does.

redfoxbluestate on December 30, 2010 at 8:29 PM

Now I’m sure we’ll be driving CNG cars in the future. The Israelis will develop the technology and sell it to us. Good for them.

Bugler on December 30, 2010 at 7:54 PM

Ever been in a cab in Vegas? Most are run on CNG. The guy who owns the largest cab company in vegas also owns a CNG company. Just good business. Except the cabs kinda smell like a propane tank.

viviliberoomuori on December 30, 2010 at 8:30 PM

Seven Percent Solution on December 30, 2010 at 7:52 PM

Meanwhile Our Der Leader is advising us to keep the air pressure in our tires checked!..:)

Dire Straits on December 30, 2010 at 8:32 PM

Bibi, you magnificent bastard!

Mazeltov!

Bruno Strozek on December 30, 2010 at 8:46 PM

god works in mysterious ways

unseen on December 30, 2010 at 8:48 PM

Meanwhile Our Der Leader is advising us to keep the air pressure in our tires checked!..:)

Dire Straits on December 30, 2010 at 8:32 PM

Hot air. Now that’s something the 0 knows something about!

shmendrick on December 30, 2010 at 8:48 PM

the russian president medvedev is visiting Israel in january…JUST A COINCIDENCE…nothing to see here…

right4life on December 30, 2010 at 8:53 PM

I can already imagine the deals being outlined for a gas pipeline from Israel to the EU, to compete with Russia’s Gazprom monopoly. Putin will just hate this.

As for Lebanon or Syria’s potential claims — to the Devil with them. They’ve done nothing to deserve a share.

irishspy on December 30, 2010 at 9:00 PM

Except the cabs kinda smell like a propane tank.

viviliberoomuori on December 30, 2010 at 8:30 PM

I’d take that smell over gasoline fumes any day.

Dark-Star on December 30, 2010 at 9:19 PM

Now I’m sure we’ll be driving CNG cars in the future. The Israelis will develop the technology and sell it to us. Good for them.

Bugler on December 30, 2010 at 7:54 PM

Ever been in a cab in Vegas? Most are run on CNG. The guy who owns the largest cab company in vegas also owns a CNG company. Just good business. Except the cabs kinda smell like a propane tank.

viviliberoomuori on December 30, 2010 at 8:30 PM

Natural gas has no smell, that is the odorizing agent place in it so that people can smell a leak. The odorizing agent consists of mercaptans removed during refining of oil (they occur naturally) and concentrated. They are introduced into propane at the bulk loading station and in natural gas at the point it is split into pipelines for municipal use.

In the major pipelines there are no mercaptan compounds and thus no smell.

Kermit on December 30, 2010 at 9:35 PM

CNG while burning cleaner has a lot less energy thus vehicle burning it have less power and lower gas mileage rates when compared to gasoline.

The upside is that spark plugs remain cleaner longer as well as the internal parts of the engine and fuel delivery system (carb).

Kermit on December 30, 2010 at 9:37 PM

Exit question: What will Israel get in return when it inevitably gives up its hugely lucrative claim to the gas field as part of some tenuous peace deal? A promise from Hezbollah not to kill every last Jew in the Holy Land?

As if!

OldEnglish on December 30, 2010 at 9:41 PM

god works in mysterious ways

unseen on December 30, 2010 at 8:48 PM

Exactly what came to mind, with a huge grin in my face, when I read this great news before HA featured it.

mz.josephine on December 30, 2010 at 9:47 PM

How long until Liberals demand Israel give up 50% of it to fund a Palestine State with new “houses” (Bunkers) & “Food and Aide” (Bombs and Weapons)???

portlandon on December 30, 2010 at 7:01 PM

Probably 5 minutes after some stupid Palestinian caveman straps on a scuba tank and a hand grenade and tries to detonate them to blow Israel off the face of the earth.

austinnelly on December 30, 2010 at 10:01 PM

CNG while burning cleaner has a lot less energy thus vehicle burning it have less power and lower gas mileage rates when compared to gasoline.

The upside is that spark plugs remain cleaner longer as well as the internal parts of the engine and fuel delivery system (carb).

Kermit on December 30, 2010 at 9:37 PM

This was a bigger problem with older technology [i.e. carbs]

The unit efficiency vs gasoline is still better than ethanol.

With modern engine management systems, fuel injection, and now direct injection [at higher compression rations] along with variable valve timing, CNG is the perfect fuel.

It’s the real clean, green fuel.

They are expensive, now, but you can already buy units that compress natural gas [pressurize it] that can be installed in the garage of any home that has natural gas service.

Right now they are around $5,000, but as we know, as people start buying them up, the price will go down.

It wouldn’t be hard to install retail sales units at places that already sell gasoline, as long as there is a natural gas line in the area.

BTW, many European countries already have these. Iran also runs a lot of their fleet on CNG, because they have crude oil, but no refining capacity. Gasoline is hard for them.

The bottom line though is Ford, GM, and Chrysler already make cars, trucks, and buses that run on CNG. Many are duel fuel, and can run on either CNG or gasoline by flipping a switch.

Diesels are very happy when converted to CNG. Packaging is an issue, for 18 wheelers,but less of one than batteries, which is what the greeies are pushing.

Natural gas is about the cleanest burning fuel there is, and as you say, there is no carbon buildup so everything inside the engine stays pristine. Without carbon deposits contaminating the oil, engine wear is significantly reduced.

I had a cool little propane powered hot rod back in the 1980s. It was very primitive compared to today’s technology, but cheap to operate and maintenance free.

There’s a reason why Sarah Palin made creating the mechanism to build a natural gas pipeline to the lower 48 the centerpiece of her administration.

This is the one fuel that could satisfy all but the most insane and unreasonable greenies, as well as ordinary people.

It’s cheep, green, and we got plenty of it.

Israel has been blessed with their find.

gary4205 on December 30, 2010 at 10:07 PM

As rabidly insane as the Muslim hatred for Israel is, it has always been tempered by an inconvenient reality: That particular (pardon the expression) God-forsaken speck of sand was never worth anything except for the value created by the Jews who live there.

Hatred utterly lacking in any potential justification is hard to keep up for this long. Give the Mullocracies an opportunity to finally RATIONALIZE their bloodlust with the possibilty of plunder, and the last 1200 years of Muslim carnage will look like a Bar Mitzvah.

logis on December 30, 2010 at 10:13 PM

According to the U.S. Geological Survey, the entire zone may have reserves of 122 trillion cubic feet of gas, which is half the proven reserves of the entire United States.

Recoverable natural gas from the Marcellus Shale (in Pennsylvania) is between 100 and 200 TCF … so this USGS figure being quoted must be outdated or misconstrued.

Scranton on December 30, 2010 at 10:31 PM

When asked about the latest natural gas development Obambi quickly blamed the Short Ribs Hawaiian.

viking01 on December 30, 2010 at 10:50 PM

This is the one fuel that could satisfy all but the most insane and unreasonable greenies, as well as ordinary people.

It still produces CO2, so it’s evil as far as the greenies are concerned.

Socratease on December 30, 2010 at 10:58 PM

gary4205 on December 30, 2010 at 10:07 PM

The price is due the delta pressure from one’s home gas line to the pressure required for storage in one’s tank. Any commercial reciprocating compressor would need to use 4 stages of compression (4 compressor cylinders) to make this leap with any efficiency. It also needs some type of cooler between each stage for efficiency. A one or two stage compressor will generate LOTS of heat from the mechanical energy.

I’ve looked into this and I’ve bought and sold industrial (not for nail guns and air supply) compressors. I have access to far less expensive and industrial strength components for home compression and storage and cannot find the economy of it even with well under wholesale prices.

For now the $5,000 home compressor really is nothing more than a toy and will likely not hold up to continued daily use.

Kermit on December 30, 2010 at 11:01 PM

the reason ther eis so much natrual gas in the region is become sit was the old burial ground for the politicans of the stone age.

unseen on December 30, 2010 at 11:03 PM

Recoverable natural gas from the Marcellus Shale (in Pennsylvania) is between 100 and 200 TCF … so this USGS figure being quoted must be outdated or misconstrued.

Scranton on December 30, 2010 at 10:31 PM

We could easily have that much in the Gulf of Mexico yet to be discovered underneath that geological salt formation which has blocked seismic surveys up until a decade ago.

Remember those shale formations end up requiring vacuum pumps to remove the gas after only a few years per well. We’ve had wells flowing in the Gulf of Mexico for 50 years and still flowing rather strongly.

Kermit on December 30, 2010 at 11:05 PM

I should have said individual wells constantly flowing

Kermit on December 30, 2010 at 11:05 PM

… What fool thinks that if a country harvests it’s own energy supplies could possibly become energy independent, and might have some extra cash at the end of the day to boot?

Oh, wait!

Seven Percent Solution on December 30, 2010 at 6:59 PM

You couldn’t possibly mean, like, seriously mean….nah, I mean with the Bakken Reserve, ANWR (btw original name of ANWR? Naval Strategic Petroleum Reserve #4, put together in the early 1920′s!!! Really!), the huge, HUGE oil field found in the Gulf of Mexico, oil shale, natural gas reserves, coal like there’s no tomorrow…The United states of America? Maybe????
But we have those twirly, windy things for electricity (that takes 50 years to pay for themselves…if all goes well), and, and, and we burn our food for fuel to make ethanol that pollutes as much if not more than gasoline and, and, and like all sorts of other things that have been subsidized for over 3 decades and still don’t work.
I’m just sayin here is all..

Amendment X on December 30, 2010 at 11:21 PM

oil veh!

jbinnout on December 30, 2010 at 11:31 PM

Tehran’s ambassador to Lebanon, Qazanfar Roknabadi, last month claimed that three-quarters of the Leviathan field actually belongs to Lebanon.

If the gas field is continguous, let the Israelis drill in the southern end, and the Lebanese drill in the northern end, and whoever gets there first with the best technology gets the gas.

Shalom!

Steve Z on December 30, 2010 at 11:48 PM

You know what would be keewwlll…

… If Israel partnered with China to harvest the gas.

And of course, China would have to protect it’s partners and interests…

Seven Percent Solution on December 30, 2010 at 7:33 PM

China already has complex political, trade and military relationships with Israel.

However China is also doing plenty of deals with the Arab states and is particularly friendly towards, and supportive of, Pakistan.

China looks after China and does what is needed to get the resources China wants. Beyond that, I am not sure that China cares even a snapped chop-stick about anybody else.

YiZhangZhe on December 30, 2010 at 11:56 PM

The Israelis are already selling gas from the Mari development to Greece, and lining up other buyers throughout the Med.

elowe on December 31, 2010 at 12:14 AM

I worry only if the Israelis misbehave and become arrogant with the newfound wealth. This is a serious temptation.

As far as finding it, perhaps it was providence, but also hard work. This is as far out as the Deepwater Horizon well in the Gulf. Israel didn’t let a spill make them stop all deep water drilling like Obama did, because you know, they care about the future of their country unlike him.

For those who think the earth is anywhere near “peak capacity” you need to seriously stop being so myopic. There is a copious amount of energy on the planet and plenty to spare.

scotash on December 31, 2010 at 1:04 AM

There’s an old joke that goes something like this: “Moses took 40 years to cross the desert, and what did he get? The only place in the Middle East without oil!”

Hmm.

JimC on December 31, 2010 at 3:28 AM

Weight of Glory on December 30, 2010 at 7:00 PM

spot on

cmsinaz on December 31, 2010 at 6:47 AM

Not new news. This story appeared over a year ago. The battle for laying pipe has only just now heated up and so this story is regurgitated again.

Friendly21 on December 31, 2010 at 7:30 AM

Wait. I don’t get it. How are a nation’s natural resources an economic and strategic boon to that country? We’ve got oil, but we can’t touch it. We’ve got entire valleys in California, sitting fallow. I assumed that every other nation in the world is as careful about the environment as we are. Don’t all nations hamstring themselves by NOT pursuing their national energy interests in the name of conservation and minimalism? Huh.

Weight of Glory on December 30, 2010 at 7:00 PM

I’m so thankful for cars and planes and so many technological developments created in the past hundred years or so. If they were developed today, they’d never be allowed to come to market. We’d still be dodging horse crap in dirt roads and living to 40-45…if we were lucky.

Extrafishy on December 31, 2010 at 9:37 AM

Israel is on its way to becoming a world power.

zoyclem on December 31, 2010 at 10:25 AM

NJ has one of the largest natural gas deposits found by Texaco in 1979. And they refuse to to drill!!!!!!!!!!!!

xler8bmw on December 31, 2010 at 10:38 AM

I’m so thankful for cars and planes and so many technological developments created in the past hundred years or so. If they were developed today, they’d never be allowed to come to market. We’d still be dodging horse crap in dirt roads and living to 40-45…if we were lucky.
Extrafishy on December 31, 2010 at 9:37 AM

If liberals had been in charge in the beginning, we’d all still be huddling in caves, scared silly about the hypothetical possibility of “flint poisoning” and (believe it or not, at the same time) decrying the looming worldwide flint shortage. And we’d be giving our horrifically limited resources to our shamans, under the promise that they are always right on the verge of working the last few kinks out of perfectly safe and limitless technologies like “cold fire.”

logis on December 31, 2010 at 11:28 AM

Gee the Koran says often and clearly that Muslims are ever the big winners while the low-life infidels, esp. the Jews, are ever to be big losers. Hasn’t looked that way for centuries and now this. Face it, Muslims, Islam looks even more phony than Muhammad’s claim about the “Satanic” verses.

Chessplayer on December 31, 2010 at 1:12 PM

For those who think the earth is anywhere near “peak capacity” you need to seriously stop being so myopic. There is a copious amount of energy on the planet and plenty to spare.

scotash on December 31, 2010 at 1:04 AM

The problem may not be with energy all, but other natural resources. Right here in the Midwest we’re having some nasty squabbles over water that both farms and cities need in massive amounts, and that’s not something you can make in a factory.

Dark-Star on January 1, 2011 at 10:23 AM

Anybody read “Epicenter”?

I think it was oil in the book, but, close enough!

Tony737 on December 30, 2010 at 6:53 PM

I imagine quite a few men without a prophetic gift have imagined that Israel might eventually discover a large, new source of fossil fuel in, of all places, the fvcking Middle East.

Kralizec on January 1, 2011 at 9:20 PM