August 19, 2010

Bible Prophecy Update: 1.5 Billion Barrels of Oil Discovered in Israel Readers of my non-fiction book Epicenter may recall that Chapter Five predicts this future headline: “ISRAEL DISCOVERS MASSIVE RESERVES OF OIL, GAS.” That chapter is based on prophecies in Deuteronomy that specifically indicate that “oil” and “hidden treasures” under the sea and the sands will be found in Israel in the last days of history. It is also based on the prophecies of Ezekiel 38 & 39 indicating that Israel will be significantly prosperous in the last days, before a Russian-Iranian-Turkish alliance forms against her and seeks to destroy her. In recent years — and indeed, in recent months — we seem to be seeing this Russian-Iranian-Turkish alliance growing. We also see Israel’s economy growing significantly and remarkable new discoveries of oil and gas. Consider today’s headline from Ynet to which a friend just alerted me: “1.5 Billion Barrels of Oil Discovered Near Rosh Ha’ayin.” Excerpts: “Could the State of Israel be sitting on an oil reserve that can provide energy, cash flow, and international political influence? This is the question that everyone is waiting to be answered in the engineering report ordered by Givot Olam Oil, overseeing the drilling at the Megged 5 site, next to Rosh Ha’Ayin. The final report will be submitted on September 5. However, a preliminary report was already issued to Tel Aviv Stock Exchange on the oil reserves on the site. ‘The amount of oil in place in the Rosh Ha’Ayin plot is estimated at 1.525 billion barrels of oil.’ In previous reports, the quantity was appraised at only a few hundred barrels of oil a day….”
US tries to tempt Syria away from Iran with regional power incentives The United States, backed by a number of its Arab allies, is dangling the carrot of greater Middle East influence in front of Syria in an attempt to convince Damascus to turn its back on a 30-year alliance with Iran. With US forces withdrawing from Iraq, the realisation that the United States will drastically reduce its influence in the country after the 2011 final pull-out date begins to dawn on Iraq’s neighbors. Washington has already considered the potential consequences of a power vacuum and has begun to encourage deeper involvement by regional powers considered to be of use in maintaining US interests in the Middle East. While the courting of Syria for this reason may at first seem surprising, the wider strategic implications of a more active role for Damascus in Iraq’s post-US future suggests Washington is considering a much bigger picture. Syria’s current interest in Iraq is based on a policy of diluting the power of Shi’a majority in the country and promoting an inclusive, secular government which includes equal representation for the Sunni minority. Damascus has had a hand in supporting Iyad Allawi, the secular Shi’a leader whose bloc emerged from the contentious elections in March with a slim lead over the coalition of Nouri al-Maliki, the incumbent prime minister. The Syrians, with the help of Saudi Arabia, aided Allawi’s election campaign and brought Allawi and Iraqi Shiite cleric Moqtada al-Sadr together to form a new cabinet in July. As the climate of uncertainty in Iraq over the formation of the government continues, both Damascus and Riyadh continue to apply covert pressure in a bid to secure the premiership for Allawi and install a secular government in Iraq.


I'm a watchman for Christ, looking on the horizon in expectation for the fulfillment of God's Word.

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