On the recordSeptember 10, 2013
I come to the floor today to speak for a few minutes about an exciting new area of collaboration between the United States and Israel, our critical ally and friend in the Middle East. Especially given the current state of affairs in the Middle East, the United States' clear and unyielding support for Israel is more important now than ever before. For the past few years, I have been a leader in the effort to enhance US-Israel collaboration on energy development, which is why I am excited today to introduce a bill that will expand this critical relationship, along with Chairman Wyden and Ranking Member Murkowski. In December 2010, Israel made the largest natural gas discovery in the world in the past decade off its coast in the Mediterranean. The discovery, known as the Leviathan field, is estimated at 16 trillion cubic feet of natural gas, bringing Israel's total natural gas reserves to an estimated 30 trillion cubic feet. This will likely be able to satisfy Israel's domestic gas demand with enough left over to export for years to come--in fact, it is estimated that if only half of this natural gas was produced, Israel would have 100 years of its natural gas needs met. Not only is the Leviathan discovery a game changer for Israel, both economically and geopolitically, but it is also an incredible chance for the U.S. to share our energy expertise to support a critical ally while creating economic opportunities here at home.…





