MidnightWatcher – Prophecy in Motion

Ezekiel 38:10-12, “…  It shall also come to pass, [that] at the same time shall things come into thy mind, and thou shalt think an evil thought: And thou shalt say, I will go up to the land of unwalled villages; I will go to them that are at rest, that dwell safely, all of them dwelling without walls, and having neither bars nor gates, To take a spoil, and to take a prey; to turn thy hand upon the desolate places [that are now] inhabited, and upon the people [that are] gathered out of the nations, which have gotten cattle and goods, that dwell in the midst of the land.”

By Tzvi Ben Gedalyahu – “Israel has struck oil again, this time off the Tel Aviv coast. Developers maintain the find includes 100 million barrels of oil, worth $10 billion.

Modiin Energy and Adira Energy discovered an estimated 128 million barrels of oil and 1.8 trillion cubic feet of gas in their Gabriella and Yitzhak licenses, in shallow water less than 15 miles northwest of Tel Aviv.

Officials called the find ‘significant’ and added, ‘Surveys conducted in recent months found oil in the target strata. The potential oil reservoir is 128 million barrels of oil, and the contingent reserves are an additional 120 million barrels.’

‘Bottom line, there is oil. It’s 100 percent. Secondly, the quantities are commercial,’ said Tzachi Sultan, controlling shareholder of Modiin.

The Gabriella license is near shore in shallow water. ‘At a time of soaring oil prices, this is good news for IDB, Modiin, Adira, said Chaim Gavriella, CEO of the IDB holding company that owns most of Gabriella’s shares.

The oil was defined as ‘ high quality’ and reportedly can be extracted even easier than the gas.” Read more.

Will energy production start a new ‘revolution’ in the Middle East? – “Scenes of carnage and upheaval have been playing out for so many decades in the Middle East – car bombings, terrorist attacks, wars, intifadas, and the slightly more optimistic images associated with the Arab Spring – that they are by now well familiar. But there is another revolution in the Mideast, presently underway, that is not being televised. It centers on the all-important area of energy production, and it might be called, ‘the Battle for Leviathan.’ At issue is the recent discovery of huge untapped natural gas fields in the Levant Basin, the section of the eastern Mediterranean Sea that abuts Israel to the East, and Cyprus to the North. The U.S. Geological Survey estimates that this underwater area holds 123 trillion cubic feet of recoverable natural gas. In simpler terms: That’s equal to 20 billion barrels of oil, more than twenty times what the United States maintains in its Strategic Petroleum Reserve.” Read more.