Oil Find Outside Tel Aviv: A Blessing or Ecological Nightmare?

oil found in israel

Does Rosh Ha’Ayin, Israel, have its future in oil?

Finding oil in Israel near the Dead Sea is one thing, but finding significant amounts of the black, un-environmentally friendly stuff right outside of the already polluted city of Tel Aviv may wind up being something entirely else altogether.

This scenario may very well be happening, following an announcement to the Tel Aviv Stock Exchange (TASE)  that the Givot Olam Oil Company has located what appears to be “significant quantities of oil” in its Meged 5 well, located near the community of Rosh Ha’Ayin, a few kilometers north-east of Tel Aviv.

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Maurice Picow
Author: Maurice Picow

Maurice Picow grew up in Oklahoma City, U.S.A., where he received a B.S. Degree in Business Administration. Following graduation, Maurice embarked on a career as a real estate broker before making the decision to move to Israel. After arriving in Israel, he came involved in the insurance agency business and later in the moving and international relocation fields. Maurice became interested in writing news and commentary articles in the late 1990’s, and now writes feature articles for the The Jerusalem Post as well as being a regular contributor to Green Prophet. He has also written a non-fiction study on Islam, a two volume adventure novel, and is completing a romance novel about a forbidden love affair. Writing topics of particular interest for Green Prophet are those dealing with global warming and climate change, as well as clean technology - particularly electric cars.

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