By David Krantz.
Moses took a wrong turn leading the Israelites out of Egypt, the old joke goes, and instead the Jewish people ended up in the rare spot in the Middle East without oil. As Arthur Herman noted recently in the New York Post, it’s now known that Israel has about as much oil as Saudi Arabia. Well, sort of. On his way to blindly embracing the thought of Israel as the world’s next oil superpower, Herman ignored details that make all the difference.