Thursday, July 14, 2005

Egyptian Gas - Jewish Heartburn & Indigestion


According to an article in the United International Press, as published in the World Peace Herald, "Israel, Egypt look to sign $2.5B gas deal".

"Israel's Eastern Mediterranean Gas expects to sign a deal with Egyptian General Petroleum Corp. and Egyptian Natural Gas Holding Co. to import Egyptian gas.

The companies signed multibillion-dollar agreement last week in Cairo; under the deal, EMG will import gas for 20 years. The agreement is worth between $14 billion and $28 billion, depending on whether all the gas is sold in Israel or re-exported to European and Middle Eastern countries".


Just for the record, after the 6-Day War and Yom Kippur War, Israel had control over the entire Sinai Peninsula. Within this territory, Israel discovered enough oil reserves to cover 100% of all of its needs for many years to come.

In return for "peace" with Egypt, based on the Camp David Accords, Israel ceded the entire Sinai Peninsula, leaving behind both all of the oil reserves and state of the art military bases and installations, in addition to uprooting flourishing Jewish communities, in particular, the Jewish town of Yamit.

What has Israel received in return for these concessions with their "peace" partner, Egypt? A neighbor who continues to stockpile weapons which are intended to ultimately be used against Israel whose government, media, and religious bodies continue to incite their population towards a hatred of the Jewish People and the Jewish State, and who continues to directly and indirectly assist terrorists who seek to destroy the Jewish State,

Let's take a look at some telling numbers:

U.S military aid to Egypt: $2 Billion (a country who is under no threat from any bordering countries - so what in the world do they need all those weapons for???)

Cost of Israel buying oil from Egypt (for the next 20 years): $14 - $28 billion

Cost of Israel not being dependant on foreign countries to provide for all its energy needs: Priceless


One can only wonder how $14 billion and a little freedom in setting it's policy without needing approval of the nations of the world might have gone to benefit the Jewish People and State if not for another one of our "sacrifices for peace"

Ironically enough, I found this article on a website entitled: Good News From Israel.

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