Taking a page from well known rejectionist attitudes, Netanyahu positioned himself for maximal advantage in the US elections.
The US election cycle is clearly part of strategic national consideration in Israel, no?
For Israeli rejectionists: Play for time just after each election, then press the case for more Bush-era "let Israel do what it wants" attitude just before each election. If things start to tilt toward peace, stir the pot with provocations of one kind or another.
Nevertheless, the situation is almost intractable with Hamas - whatever happened to the hope that Gazans would ultimately reject their dead-end, single-minded leadership? How are attitudes in Gaza today?