The old joke about - Q How do we know that God has a sense of humour?
A Because he put his chosen people in the only place in The Middle East without any oil!
seems to be not as accurate as it used to be!
With Untapped Oil Reserves, Can Israel Be an Energy Giant? | TIME.com
What implications does this have, well if oil is found in large quantities for Arab-Israeli relations (I think the old frostiness with Saudi might continue to decrease!) and its relationship with the USA? Does it have implications for a real Palestinian state? What of the right to return?
I guarantee you despite the fact that they may have a few Rambo Burkes among their politicians, their citizens (well The Jewish ones) will receive the most benefit from their natural resources, unlike ours where even Norway will receive far more than our people from our oil and natural gas!