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 containing the words natural and/or resources:
“A person who can’t pay gets another person who can’t pay to guarantee that he can pay. Like a person with two wooden legs getting another person with two wooden legs to guarantee that he has got two natural legs. It don’t make either of them able to do a walking-match.”
—Charles Dickens (1812–1870)
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—Herbert Hoover (1874–1964)