we have no choice but to export - Comment - Israel News | Haaretz Daily Newspaper
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    • zionist forever
    • 07.06.13 | 14:44 (IDT)

    The companies who are drilling for oil have made it conditional that they will keep drilling in exchange for some gas exports what we need to do is decide what percentage of the countries gas will be exported. If we don't agree then we risk them pulling out and that means either the state invests massive amounts of money, it would mean we keep all the profits but you don't invest billions one year and the next year you made up all your investment because gas is a slow but steady income not the overhyped billions its going to bring to the country and because its only going to come in the millions every year its not likely to affect the value of the economy in a huge way so in reality any profits which might be made through gas revenue so in the end bringing up this gas will mean that the state is getting alot poorer and would be cheaper to buy foreign gas. Real reason for not exporting is not because worried about will we have enough for domestic use its since the social protests the public have come to see big companies as evil and stealing from the public to line their own pockets so do want to drive out investment because the public don't like big business.

    from the article: Yes to natural gas export
    First published 04:03 07.06.13 | Last updated 04:03 07.06.13
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