Is the West Bank in Israel?

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Is the West Bank a part of Israel or not? I dont understand what the situation is there. Can someone fill me in?

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During the Oslo Peace Process, the Palestine Liberation Organization was permitted to create the Palestinian Authority, to run Palestinian affairs and to work to establish an independent, viable, and sovereign state on this land, on the condition that it would uphold recognition of and mutual co-existence with Israel. However there was continual contention over whether actual events and conditions proved that there was greater acceptance of Israel's existence by Palestinian leaders. Eventually, Hamas won a majority in the Palestinian Legislative Council, where it remains the majority party. It openly calls for the destruction of Israel, and seeks to create a Palestinian state encompassing all of Israel, the West Bank, and Gaza Strip. This has greatly impeded any diplomatic progress, as Israel declines any contact with Hamas, as long as the latter calls for the destruction of Israel.

Most Palestinians accept the West Bank and Gaza Strip as at least a part of the territory of their future state. Most Israelis also accept this solution. An attempt to achieve this solution was seen in the Oslo peace process, where Israel and the PLO negotiated, unsuccessfully, to come to a mutual agreement. Vocal minorities on both sides advocate other solutions, most of which contradict the goal of 'two states for two peoples.' In both communities, some individuals and groups advocate total removal or transfer of the other community. A small minority advocates a one state solution, where all of Israel/Palestine would become a bi-national state, providing equal citizenship to all of its current residents.[2]

One central question of this conflict is the degree to which Palestinians are willing and able to accept the right of Israel to exist, and are willing to uphold acceptance of this principle. Similarly, another central question is the degree to which Israel feels conditions exist in which it is possible to allow Palestinians to achieve sovereignty.

Israel asserts that one major condition of Palestinian sovereignty must be acceptance of mutual co-existence and elimination of terrorism. Some Palestinian groups, notably Fatah, a political party founded by PLO leaders, claim they are willing to foster co-existence if Palestinians are steadily given more political rights and autonomy. However, Hamas, which is currently the majority ruling party in the Palestinian Legislative Council, openly states that it completely opposes Israel's right to exist. Source(s): http://en.wikipedia.org/wiki/israeli-pal...
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Some Palestinians feel they are entitled to all of the West Bank, Gaza Strip, and East Jerusalem. Israel says it is justified in not ceding all this land, due to security concerns, and also because the lack of any valid diplomatic agreement at the time means that ownership and boundaries of this land is open for discussion. Israel considers this land to be in dispute, and feels the purpose of negotiations is to define what the final borders will be.

Other Palestinian groups, such as Hamas, insist that Palestinians must control not only the West Bank, Gaza Strip, and East Jerusalem, but also all of pre-1967 Israel. Israel feels that it cannot negotiate with a group that demands its dissolution.
No...the border between Israel and the West Bank is demarcated by the Green Line. Although the whole issue of settlements and such complicates this matter...
Dude I think Israel is cool.
The West Bank is legally apart of Israel but there is a berrier seperating it so it is natually not apart of israel.
The west bank is the crappy hole in the wall the Jew's, with there strong sense of generosity gave to the Palestinians to live so that they can be close to their "real" homes that have been taken away from them from the Jews in the first place.