Former Finance Minister: U.S. Was Biggest Lobbyist on Israel’s Use of Natural Gas Profits

Yuval Steinitz said he resisted pressure from the White House and others while in office and joined a chorus of voices urging cautious, far-sighted use of the profits from Israel’s new natural gas fields.

At a meeting on Tuesday to discuss a bill to establish a fund for profits from Israel’s recently discovered natural gas fields, former Finance Minister Yuval Steinitz said he had faced the most pressure regarding use of the profits from the White House.