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According to estimates, the amount of oil found will make Israel self sufficient for many, many years.

http://www.israelnationalnews.com/News/News.aspx/201517#.VhVOfZeVkjx

Prayer Opportunity: Yet another puzzle piece in the Middle East. Please continue to pray for God’s will and purpose to be accomplished in the land and in the hearts of all who inhabit Israel and the surrounding area. Aligning ourselves and praying for governments and leaders to do so as well, combined with our faith that God sits enthroned and no matter the evil or chaos that is seen. He is still in control and will execute judgment and protect the righteous as we seek to abide in His presence. “He will keep him in perfect peace whose mind is set on Him because he trusts in Him.” Isaiah 26:3

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by Tzvi Ben Gedalyahu

"Qaddafi's Days are Numbered"Libyan rebels control most of Libya’s oil production facilities, have taken over another town and are closing in on Tripoli, Muammar Qaddafi’s sole base.

Reporters in the city of Zariwa, where Qaddafi’s supporters took them to show how its forces were in control, saw opposition fighters flying their own flag and controlling barricades in the city, where intense fighting took place last week.  READ MORE

http://www.israelnationalnews.com/News/News.aspx/142547#replies

How will the discoveries of natural gas in the Mediterranean and possibly oil in Israel affect the world? These are resources Israel desparately needs–after their need for water. This is indeed an area we should pray for God’s will and protection concerning Israel and her neighbors…     Ruth Mayfield

http://www.nationalreview.com/corner/250887/israel-fossil-fuel-giant-how-many-ways-could-change-game-judith-levy

A preliminary geological survey has indicated that there might be about 26 million barrels of recoverable oil a mile under the sand near two kibbutzim in the northern Negev. That would amount to about $2 billion at current prices. There might be 12 million additional barrels further down.

This news comes a day after drilling began on the Leviathan, a record-setting exploratory well in a massive natural-gas field off the coast of Haifa. The area is thought to contain 16 trillion cubic feet of gas, and it might also contain oil.   Read more

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