Thursday, August 03, 2006

I got a stupid question? Where does Israel gets their oil anyway?

Can someone be nice enough to answer that one?

Merci!

6 comments:

Anonymous said...

It steals it from Iraq. Kidding. May be buys from U.S companies who in turn may get it from anywhere including Saudi Arabia.

This is one country which must has embargos against it. The genocide it is carrying out in Lebanon is unacceptable and criminal. Except for U.S no other country is fully endorsing its criminal behaviour. Harper of course is a puppet of Bush but I do not think majority of Canadians support its criminality either.

This time its will get its a** will be whipped.

Anonymous said...

Maybe it's related to Hanukkah. Israel just has a tiny bit of oil but it has miraculously lasted them a long, long time.

Anonymous said...

According to Stratfor, the Strategic Forecasting consultancy, "tankers bearing Russian crude from the Black Sea port of Novorossiysk would unload at Israel's Mediterranean port of Ashkelon. After that, the oil would traverse the Tipline to Israel's Red Sea port of Eilat, where it would be reloaded onto tankers for shipment to Asia. The Eilat-Ashkelon Pipeline Co. estimates the pipeline will be ready for Russian crude in mid-2003."

Russia is emerging as a major oil supplier and a serious challenge to the hegemony of Saudi Arabia and OPEC. With Arab countries - including the hitherto unwaveringly loyal Gulf states - progressively perceived as hostile by American scholars and decision makers, Russia arises as a potent alternative. The newfangled Russian-Israeli commercial alliance probably won applause from Washington hardliners, eager to relieve the Saudi stranglehold on energy supplies.

For its part, according to the Department of Energy, Israel extracts natural gas from offshore fields but has no commercial fossil fuel resources of its own. It imports oil from Mexico, Norway, and the United Kingdom and coal from as far away as Australia, Colombia, and South Africa. Israel buys natural gas and oil from Egypt. The bulk of the energy sector is moribund and state-owned, ostensibly for reasons of national security. The deal with Russia is a godsend.

Anonymous said...

Americans give over $2 billions (with b) to Israel annually. Surely it includes oil supplies too. Now that U.S controls oilfields in Iraq (or trying to) thus some must come from there too.

Where does Egypt get its oil supplies to sell to Israel? Again most probably from Saudi Arabia, Iran and Iraq. Looks it is a mixed bag. Countries like Saudi Arabia are interested in money and do not care if it comes from Israel or Egypt. Russia sounds like another supplier but it is also quite hungry for energy. It will be interesting what will happen in the long run.

Anonymous said...

Last Time I checked, they were buying it from the Regent Street Petro Can :>)

Anonymous said...

Joker, be careful. The bombs will be falling on you if Bush or Sharon, or whatever the fellow's name is, find out.