More of the fallout and consequences of Obama's giant policy failures in the Middle East and beyond. The gas supply deal had been an important part of the Israeli/Egypt peace accord. Another nail in the coffin of peace, freedom, and the age of American hegemony.
As Obama's crushing failures mount on a daily basis, expect the enemedia to hunker down and produce Goebbels-style agitprop and pro-statist propaganda at a dizzying pace.
Egypt scraps Israel gas supply deal BBC (hat tip David)
Egyptian officials say they have scrapped an agreement to supply Israel with natural gas. Israel received around 40% of its gas supplies from Egypt and uses it to generate electricity.
The announcement comes after the cross-border pipeline suffered numerous sabotage attacks which cut supplies.
Egypt was the first Middle East country to sign a peace accord with Israel, and the energy deal has been a key part of agreements between the two state.
A statement from the Egyptian Natural Gas Holding Company said it was ending supplies because the terms of its contract had been breached.
Ampal, the Israeli company which buys the gas, said in a statement that it considers the attempt to terminate the contract "unlawful and in bad faith", and demanded its withdrawal.
There have been 14 attacks on the gas pipeline since last year's uprising which unseated the Egyptian President, Hosni Mubarak.