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Us Guarantees Israel' S Oil Supply - Studies of Judaism - Posted: 16th Jan, 2012 - 1:42am
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Post Date: 16th Jan, 2012 - 1:42am / Post ID: #
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Us Guarantees Israel's Oil Supply
Did you know that by law the US guarantees israel's oil supply - no matter what?
Under a 1975 Memorandum of Understanding (MOU) the USA guaranteed all Israel's oil needs in the event of a crisis. It commits U.S. Taxpayers to maintain a strategic U.S. Reserve for Israel, equivalent to $3 billion in 2002 dollars. Ref. Source 4
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