24 years ago Consulting Economist Thomas Stauffer estimated that between 1973 and 2001 Israel had cost the United States about $1.6 trillion in 2001 dollars. Twice the cost of the Vietnam War. That figure included $850 billion we lost to increased oil prices and lower production due to the ’73-’74 Arab Oil Embargo which was the Arab response to the US launching Operation Nickel Grass to save Israel from being taken over by Egypt. Egypt was out to reclaim the Sinai Peninsula after the ’6...
