Genie Energy Ltd. announced the appointment of Dr. Lawrence Summers, Governor Bill Richardson, Senator Mary Landrieu and R. James Woolsey to its Advisory Board. Dr. Lawrence Summers is the Charles W. Eliot University Professor and President Emeritus at Harvard University. He served as the 71st Secretary of the Treasury under President Clinton and as Director of the National Economic Council for President Obama.

The Honorable Bill Richardson served as Governor of New Mexico from 2003 to 2011. He was U.S. Ambassador to the United Nations (1997-1998) and Energy Secretary in the Clinton administration (1998-2001), Chairman of the 2004 Democratic National Convention, and also served as Chairman of the Democratic Governors Association. R. James Woolsey served as Director of Central Intelligence from 1993 to 1995 and as Under Secretary of the Navy from 1977 to 1979.

He is co-founder of the United States Energy Security Council and is Chairman of the Foundation for Defense of Democracies. The new appointees join the distinguished current members of the Board: Richard Cheney: 46th Vice President of the United States, formerly President and CEO of Halliburton Company and U.S. Secretary of Defense from 1989 to 1993. K. Rupert Murdoch: Founder and Executive Chairman of News Corporation.

News Corporation's holdings include Fox Entertainment, Dow Jones and Company, the New York Post, HarperCollins and significant media assets on six continents. Lord Jacob Rothschild, OM, GBE: Chairman of the J. Rothschild group of companies and of RIT Capital Partners plc. Chairman of Five Arrows Limited.

Noted philanthropist and Chairman of the Rothschild Foundation. Michael Steinhardt: Noted Wall Street investor and Principal Manager, Steinhardt Management LLC. Founder Steinhardt, Fine, Berkowitz & Co., and noted philanthropist.

Mr. Steinhardt serves as Chairman of the Strategic Advisory Board.