
Meanwhile, in another potential game-changer, Rupert Murdoch and Lord Rothchild are investing in a new Israeli method of energy production. The company believes that its shale oil cracking technology can free the world from dependence on Arab oil and turn Israel into an energy powerhouse able to produce 300 billion barrels of non-conventional oil at a cost of up to $40 per barrel.
Of course, Israel is already on the road to becoming a major energy exporter with the discovery of massive amounts of natural gas off of it's Mediterranean coast.
When the Palestinians are ready to share peace with Israel, by agreeing to a "two-state solution," then Israel will be able to reciprocate with technical assistance in the building of governance institutions. But isn't Palestinian Prime Minister Salaam Fayyad supposedly already developing those institutions?
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