Natural Resources
Unlike much of the Middle East which is rich in lucrative crude oil, Israel has limited natural resources. These include copper, phosphates, bromide, potash, clay, sand, sulfur, asphalt, and manganese. Small amounts of natural gas and crude oil are present, often too little to merit commercial extraction. In 2009, significant reserves of natural gas were discovered at the Tamar 1 offshore drilling site, 90 kilometers west of Haifa. It is the largest natural gas reserve ever discovered in Israel.
Read more about this topic: Geography Of Israel
Famous quotes related to natural resources:
“The open frontier, the hardships of homesteading from scratch, the wealth of natural resources, the whole vast challenge of a continent waiting to be exploited, combined to produce a prevailing materialism and an American drive bent as much, if not more, on money, property, and power than was true of the Old World from which we had fled.”
—Barbara Tuchman (1912–1989)