Exporting Israel's natural gas bounty could thwart bid to lower fuel prices
The country's bounty of natural gas could save billions on transportation costs - if it were used to manufacture other fuels. But the Tzemach committee neglected this calculation when it recommended that half of Israel's natural gas resources be exported.
It took seven ministries 11 months to decide how much natural gas Israel should export and how much it should save for its own citizens. It's been only two months since these ministries' representatives on the Tzemach Committee presented their recommendations to Prime Minister Benjamin Netanyahu, but in the meantime, it seems like developments on the ground have rendered them worthless.