"Israel is SURROUNDED by Countries that are Floating on Oil." That may be so from a geographic perspective, but it is not so from a geologic perspective. Israel is actually on a different tectonic plate than the rest of the Middle East and does not share the same geology.
The Leviathan is the result of the Nile River discharging into the eastern Mediterranean Sea over many millennia and so has no bearing on whether or not petroleum exists onshore in Israel.
My point is, oil men are leaving and being replaced by lawyers in ZN's management line-up. Savvy investors might catch a hint?
So, if you played punchboard, bought 500 $1 punches, and didn't get a prize, wouldn't you begin to suspect the punchboard was rigged? Hard to say for sure, but we'd both have to agree, the punchboard owner was $500 richer.
There have been 500 holes drilled on-land in Israel in the past 50 years, and no big prize. You have to wonder, is there a big prize? Hard to say for sure, but we'd both have to agree, the people getting rich are the ones who look for, but never find, the oil.
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