Tuesday, July 5, 2011

Egypt Gas Pipeline to Israel Sabotaged Again: A Consequence of Egypt's Revolution

By Barry Rubin

For the third time since February, terrorists have blown up the gas pipeline from Egypt that provides 45 percent of Israel's natural gas. As I predicted, this pipeline will never function normally again. This serious economic disruption is the first material cost to Israel of Egypt's revolution. The Obama Administration's help in bringing down a stable (yes, a dictatorial regime but prepare for much worse) has already damaged Israel's economy and security. And this is not the end of the story by a long shot.

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