this post was submitted on 30 Jan 2024
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What oil? Golda Meir famously said this:
Source: https://www.nytimes.com/1973/06/11/archives/mrs-meir-says-moses-made-israel-oilpoor.html
If there is one thing this part of the world is notorious for - other than its eternal conflict and importance to three world religions - it's how remarkably poor in terms of natural resources it is.
I mean Gaza has offshore natural gas.
It does, it's a rare exception, but they were neither known back then nor have been exploited yet.
Interestingly, Israel was brokering a deal between Egypt, the PA and Hamas for exploitation of this field. It would have resulted in energy independence for Gaza and a significant income stream for both Hamas and PA (or more realistically, the offshore accounts of the leaders of both governments). As far as I know, it was close to being finalized, with ongoing negotiations until October 7.
It'll never happen now, of course.
Why negotiate for rights when you can just conquer and take?
That's a weak point to make. Israel could have exploited these fields without a ground war in Gaza.