The conquest of Gaza is accelerating. Israel has now launched its ground invasion, bringing the Palestinian death toll to 260, 80% of whom are civilians.
A further 1,500 have been wounded and 1,300 Palestinian homes destroyed. Israel's goal, purportedly, is to "restore quiet" by ending Hamas rocket attacks on Israel.
Last Tuesday, Israeli defence minister and former Israeli Defence Force (IDF) chief of staff Moshe Ya'alon announced that Operation Protective Edge marks the beginning of a protracted assault on Hamas.
The operation "won't end in just a few days", he said, adding that "we are preparing to expand the operation by all means standing at our disposal so as to continue striking Hamas."
The price will be very heavy ... yes, $4 billion!
The following morning, he went on: "We continue with strikes that draw a very heavy price from Hamas. We are destroying weapons, terror infrastructures, command and control systems, Hamas institutions, regime buildings, the houses of terrorists, and killing terrorists of various ranks of command ...
"The campaign against Hamas will expand in the coming days, and the price the organization will pay will be very heavy."
But in 2007, a year before Operation Cast Lead, Ya'alon's concerns focused on the 1.4 trillion cubic feet of natural gas discovered in 2000 off the Gaza coast, valued at $4 billion.