Well, we don't think so either, actually. But Revolution News brings some interesting facts to light in a piece entitled "Bombing for Oil: Gaza, Israel and the Levant Basin." It seems that in 1999, British Gas Group (BG) and Consolidated Contractors International Company (CCC) signed a 25-year agreement with the Palestinian Authority for offshore rights on the Gaza coast. In 2000, as drilling began, BG and CCC found gas (not oil) fields, dubbed Gaza Marine 1 and Gaza Marine 2. The companies were granted a 90% ownership of any reserves (60% and 30% respectively for BG and CCC), with a 10% share for the Palestinians. Gaza Marine 1 is entirely located in "Palestinian territorial waters," with reserves estimated at 28 billion cubic meters. Gaza Marine 2, or the "Gaza Border Field" straddles the maritime border between the Gaza Strip and Israel, with an estimated 3 billion cubic meters.