Israel-US Relations: Blockhead and the Judge?

Ignoring such statistics, they have placed an oil embargo which without a doubt will have far graver repercussions than those periods.   This dire situation is of no concern to the Israelis -- thanks to America having "their back".   The burden is America's   due   to the   renewable 1975 15-year Memorandum of Understanding it signed with Israel which costs American taxpayers billions of dollars a year in oil subsidies.    

Point   (b) of Annex to the MoU   stipulates:    

"If the oil Israel needs to meet all of its normal requirements for domestic consumption is unavailable for purchase in circumstances where quantitative restrictions through embargo or otherwise also prevent the United States from procuring oil to meet its normal requirements, the [iv] United States Government will promptly make oil available for purchase by Israel in accordance with the International Energy Agency conservation and allocation formula, as applied by the United States Government, in order to meet Israel's essential requirements. If Israel is unable to secure the necessary means to transport such oil to Israel, the United States Government will make every effort to help Israel secure the necessary means of transport."

The 85%   Americans who demand "immediate action" from Congress and the President,   should remind the government of the 2008 research developed by economists Dean DeRosa and Gary Hufbauer which makes a clear case for the United States to lift sanctions on Iran, arguing that the this would drop the world price of oil by 10 percent, translating into an annual savings of $38-76 billion for the United States.       

As Americans are being crushed under the weight of sanctions and oil embargo, in demanding action from the government, they should bear in mind that Israel is no friend, and Iran is no fly.