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Saturday, May 9, 2015

Oil drilling companies in Israel believe there could be a major source of oil at the Dead Sea

An oil drilling consortium which includes companies who found billions of dollars in natural gas off the Israeli coast are making ready to look for what they refer to as black gold in an area along the Dead Sea. Investors hope to find a major source of oil and this is based on seismic surveys in the Dead Sea area which is already a source of potassium and potash which have made the Dead Sea Works one of the world's largest exporters of the materials used for making fertilizer. 
The Dead Sea, known in the Bible as the Salt Sea, is a body of water that has the densest concentration of salt and other materials in the world and is found at the lowest point on the Earth where fish and plant life do not exist in the highly salty water. 
The possibility of a major oil source being found at the Dead Sea in Israel could well impact the end times scenario that is found in Bible prophecy. 
For years speculators have believed that oil could be found somewhere in Israel. Some of these so-called wildcatters have raised millions of dollars to drill for the oil that could possibly be somewhere in the Jewish state. Now a very legitimate consortium of oil drillers are ready to invest their own money to see if there indeed is a major oil source at the Dead Sea as seismic surveys seem to indicate is the case. 
Whether this consortium finds a major source or not the Dead Sea is already an economic money machine. The Dead Sea Works extracts potassium, potash, and other minerals and chemicals from the Dead Sea that has become a large part of Israel's economy. 
Bible prophecy refers to some type of spoil that will draw Russia and the coalition of nations found in Ezekiel 38, Daniel 11, and Psalm 83 into Israel in an effort to destroy the Jewish state and reap the benefits of some type of a spoil (Ezekiel 38:12-13). In fact, verse 13 refers to gold and silver as the spoil and remember, the oil drilling consortium referred to the oil at the Dead Sea as "black gold". I believe, however, that there could well be real gold in the Dead Sea, a belief also held by many Israeli officials.
The latest natural gas find off the Israeli coast and the potential for oil at the Dead Sea continues to make Israel a prized prey for her enemies to come after. Bible prophecy will be fulfilled.
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