There's and old joke that Golda Meir used to like to repeat-- that the Jews wandered in the desert for 40 years, only to find the one piece of land in the Middle East that didn't have oil.

Well, Israel might now become an exporter of another fossil fuel-- natural gas. The finds are of around 120 trillion cubic meters, a little less than half of America's proven recoverable reserves. Only problem is that the gas find is in Israel's territorial waters near Lebanon. The maritime border between the two countries, like everything else in the area, is disputed.

Gas installations off the northern Israeli coast would make a perfect target for Hezbollah's rockets-- nobody is hurt if you miss, and if you ignite the gas on fire, it will make for prime-time TV on al-Manar.