The Palestinians are, in aggregate, energy rich. For the past six years, the Palestinian Authority has been sitting on a major gas field that contains at least 1.4 trillion cubic feet of gas. Palestine was rewarded with an oil reserve 22 miles off of the coast of the Gaza Strip. The entire country was excited by this natural mineral that would hopefully provide them with the economic freedom and financial stability they desired. Unfortunately, the financial success did not come directly on the heels of their discovery.
Continue reading “A Secret Behind Israel’s Siege of Gaza: Palestinians Have Oil and Natural Gas Resources”