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April 21, 2014

Andrew Silow-Carroll: Passoverkill? Suggestions to make next year's seders even more culturally sensitive

Sara Israelsen Hartley: Seeking the Divine: An ancient connection in a new context

Christine M. Flowers: Priest's execution in Syria should be call to action

Courtnie Erickson: How to help kids accept the poor decisions of others

Lizette Borreli: A Glass Of Milk A Day Keeps Knee Arthritis At Bay

Lizette Borreli: 5 Health Conditions Your Breath Knows Before You Do

The Kosher Gourmet by Betty Rosbottom Coconut Walnut Bars' golden brown morsels are a beautifully balanced delectable delight

April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review

Israel has struck energy gold offshore --- tens of billions of dollars worth. Now what?

By Joshua Mitnick




The Jewish State has long bemoaned its lack of natural resources in the oil-rich Middle East. Now the country faces big economic decisions


JewishWorldReview.com |

JEL AVIV — (TCSM) Two offshore natural gas discoveries in the Mediterranean have left Israel flush with energy reserves for decades to come, but the country is stalled at an economic crossroads with geopolitical consequences as it considers the best way to use them.

Prime Minister Benjamin Netanyahu said this week that Israel will become an energy exporter, but Israelis, who have long bemoaned their lack of natural resources in the oil-rich Middle East, are debating whether that's the most prudent move. While focusing on exports presents the prospect of new political clout and will encourage investment in new exploration ventures, critics say it is more important to keep the gas for local use, ensuring Israel's energy security for a longer time and lowering energy costs for the domestic market.

The US faces a similar dilemma regarding its domestic natural gas finds. There is reason for moving cautiously: Britain, Australia, and Egypt have all focused on exports, only to later find themselves saddled with energy shortages that have pushed up energy costs at home.

"The balance between export and the domestic market is not clear cut," says Brenda Shaffer, a political science professor at Haifa University who focuses on energy politics. "Israel has to look at something nuanced: Does it want a quick buck from exports or do they want to think about long-term supply security?"

EXTREME CAPITALISM?
On Wednesday, flanked by economic ministers and Israel's central bank governor, Prime Minister Benjamin Netanyahu endorsed a plan to export 40 percent of the natural gas reserves, a move he said would yield some $60 billion dollars for state coffers over 20 years while ensuring Israel's energy needs for 25 years.

The windfall is expected to be so strong that Israel's government has set up a sovereign wealth fund to guard against currency appreciation that would hurt exporters.

Soon after the announcement, critics protested in Tel Aviv, alleging that the government is allowing critical natural resources to be sold off to fill the pockets of business tycoons, something they say is akin to a "gas heist."

Israel's two-year-old social protest movement — which has brought tens of thousands into the streets this year — has homed in on the gas export issue as an example of alleged government favoritism toward Yitzhak Tshuva, a mogul who owns the rights to the fields, at the expense of the middle and lower classes.

"There's no reason to vote for exports. The only reason why is that elected officials are chosing for Tshuva over the rest of the people. This is an extreme instance of capital and government'' being in cahoots, says Shir Nosatzki, a spokeswoman for the social protest movement.

The potential for exports has kicked up visions of energy companies building pipelines from the Israeli fields to pipelines in Turkey that would then relay the gas to Europe. Others have speculated itcould be exported to China.

The inaugural tapping of Israel's Tamar natural field — with 8 trillion cubic feet of gas — in April 2013 is expected to add 1 percent to the country's economic growth this year. Leviathan, a field with more than twice that amount, is expected to come online in the coming years.

PRICE TAG DISPUTES
Government officials and some analysts say that new exploration companies won't be interested in prospecting for new discoveries unless Israel's government allows sufficient exports.

"Whoever undermines this is acting irresponsibly. This is an important decision," said Uzi Landau, Israel's former minister of national infrastructure in an interview with Israel Radio. "We want the maximum tenders to be issued and for the maximum amount of energy infrastructure to be built."

The collapse of a gas supply deal with Egypt two years ago after the pipeline was attacked led to higher prices, and left Israel's energy security temporarily more precarious. Although tapping its reserves has mitigated that, Israelis still fret and export opponents say that Israel risks having to buy more expensive gas decades down the line.

"This is an economic and social mistake, because ultimately the price will be paid by us," said Dov Khenin, a member of parliament from the left-wing Hadash party, in an interview with Israel Radio. "The Israeli interest is that the gas will stay in Israel for the use of the economy in the short and medium term."

Their concern that the natural gas resources will one day run dry is genuine. But the solution for that is "increasing the pie" by giving explorers ample incentives, says Amit Mor, the director of Eco Energy, an Israeli energy consultancy.


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"There is already reserves for half-a-century, and in order to justify investments of billions of dollars in additional exploration, developers should have a horizon of exporting the gas because the local market is saturated," he says.

GOOD NEIGHBORS
In a nod to the protesters, in his final decision Mr. Netanyahu's lowered the export quota from the initial 53 percent figure recommended by a government committee that researched the issue.

However, the prime minister's policy actually tips in favor of gas companies because it allows them to sell to Jordan and the Palestinians without counting those sales as exports, says Ms. Shaffer.

That will enable Israel to help its neighbors enjoy cheap energy and boost economic prosperity next door, potentially providing greater regional stability, but it will also leave less gas available for Israeli domestic consumption, further illustrating the gas trade off, Shaffer says.

"If there is a geopolitical value, it's when you export to your neighbors," she says. "Discoveries are always good news. But crafting a policy that promotes national interests isn't always easy."

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