|Illustration provided by Byzantine_K.|
by MICHAEL DICKINSON
“It’s libel to say I use my newspapers to support other business interests. The fact is, I haven’t got any other business interests.”Sorry, Roops, old sport? What about your interests in Genie Oil and Gas, Inc., which consists of American Shale Oil Corporation and an 89% interest in Israel Energy Initiatives, Ltd. in Israel?
– Rupert Murdoch
Don’t you want people to learn that you are part-owner of an Israeli-American company which has landed a shale oil exploration and production license covering 238 square miles in the Judean Hills and on occupied Syrian land, even though this is plainly illegal under international law?
Should not FOX News and Murdoch-owned news outlets disclose this hot story to their millions of viewers and readers? Should they not be made aware that the Murdoch-owned news outlets which generally support U.S. military action against Syria, do not inform their viewers and readers that the bossman has a vested interest in war and the overthrow of the Assad government in Damascus in order to further Genie’s oil exploration efforts in occupied Syria?
Yes, Rupert Murdoch and his longtime pal Lord Jacob Rothschild are major shareholders in, (a joint 5.5 percent stake worth $11 million), and members of the Strategic Advisory Board of Genie Energy, – a spin-off company from telecoms group IDT Corp. (US ex- Vice President Dick Cheney is also a board member.)
Israel has granted Genie oil exploration in the Israeli-occupied Golan Heights, captured and annexed from Syria in the 1967 war. Genie plans to drill 10 exploratory wells over three years there, at a cost of $25-$30 million, even though the drilling of new wells – let alone fracking – by an occupying power is illegal.
According to Amiram Barkat of Israeli business publication Globes, “The company (Genie) believes that its shale oil cracking technology can free the world from dependence on Arab oil and turn Israel into an energy powerhouse able to produce 300 billion barrels of non-conventional oil at a cost of up to $40 per barrel.”