Israeli oil reserve worth 1.2 billion

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The Times of Israel: “The holders of the Hatrurim land license for oil, located near the Dead Sea, reported on Sunday to the Stock Exchange that according to a resource report, the area contains an oil reserve worth approximately 1.2 billion shekels. Israel Opportunity – Oil and Gas Exploration Ltd, one of the partners holding the license, went up by 35 percent.

According to the report, completed by an external appraiser, Dunmore Consulting, the reserve contains anywhere from 7 million to 11 million barrels of oil.

The amounts in the report were classified as “contingent resources,” a high classification that indicates 100 percent geological certainty that oil is to be found. This is in light of the fact that oil has already been procured from the reserve, in the Halamish section.”

Opinion: In researching a response to the Dead Sea energy source, in addition to the 2010 natural gas find in the Levant and the October 8, 2015 Gaza oil find, I came across an article written in 1970 titled “Israel – Jewel Box of the World“. The title alone gave me pause after recalling three prophecies of great wealth under the sands of Israel:

  • Genesis 49:25
  • Deuteronomy 33:19
  • Isaiah 45:3

God bestowed the land of Israel with treasures of minerals, precious metals, and vast energy sources giving an answer as to why He told Abraham to leave his home and travel to a land he knew not (Genesis 12:1).

The writer calls the Dead Sea a Freak of Nature.  “It is 25 miles east of Jerusalem; 53 miles long, 10 miles wide, and 13,000 feet deep (Wow!) at its greatest depth. Being 1310 feet below sea level, it’s surrounded by hills and mountains, which make it an immense hole in the ground.

The Jordan pours 7 million tons of water into the Dead Sea every day, 24 hours a day. There is no escape of that water except through evaporation and the minerals contained in the water are left behind in the Dead Sea.

The density of the water is so great that people cannot sink unless they exert great effort to do so.”

According to the article, six different minerals are contained in the water of the Dead Sea:  gold, platinum, rhodium, and vanadium; with a value estimated at $1.7 trillion in 1971 dollars.

In today’s numbers, the wealth of the Dead Sea minerals including vast amounts of potash would be at least $20 trillion, making the Dead Sea a perpetual source of wealth (Jewel Box) for Israel.

In addition, the Dead Sea wealth lines up perfectly with the still future war found in Ezekiel 38-39 as three nations ask the leader of an invading force:

Have you gathered your army to take booty, to carry away silver and gold, to take away livestock and goods, to take great plunder?”

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