- Eye on Media
Another year of fun filled snarky news commentary and analysis is almost over and this December marks the second consecutive month that MGx has reached over 20,000 global visitors. Most visitors are from the US and 1% are classified as "addicts" and 35% as "regulars" by Quantcast. Almost 450 regulars are Oregon residents from Portland to Salem to Ashland to Brookings.
The advertising you see on MGx barely covers the cost of maintaining the website and its associated services and pays nothing towards the time and effort involved to research and report on important local issues. If each regular reader just contributed $6 this Christmas season it would pay 50% of the emergency room medical bills for my fifteen year-old daughter this year.
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"A critical, independent and investigative press is the lifeblood of any democracy. The press must be free from state interference. It must have the economic strength to stand up to the blandishments of government officials. It must have sufficient independence from vested interests to be bold and inquiring without fear or favor. It must enjoy the protection of the constitution, so that it can protect our rights as citizens." Nelson Mandela 1918 - 2013
A US-based oil and gas firm has “confirmed the discovery of a huge offshore gas field called Leviathan, 130km off the coast of the Mediterranean port of Haifa”.
Texas-based Noble Energy has been drilling in the area with Israeli partner Delek Energy, in Tamar.
Leviathan is estimated to have 450 billion cubic meters of gas and there is talk of geopolitical implications because Israel has always been dependent upon imports for energy needs.
Experts pointed to a world glut in natural gas that may exclude Israel from becoming an exporter but a steady supply of natural gas maintaining stable pricing would have a an impact on trade in the area and allow for the development of non energy related natural gas products.