By F. William Engdahl
This e-book is a gripping account of the murky global of the overseas oil and its position in global politics. Scandals approximately oil are favourite to so much people. From George W. Bush's election victory to the wars in Iraq and Afghanistan, US politics and oil take pleasure in a controversially shut dating. the united states economic system depends the inexpensive and limitless provide of this unmarried gas. William Engdahl takes the reader via a heritage of the oil industry's grip at the international economic climate. His revelations are startling.
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Extra info for A Century of War: Anglo-American Oil Politics and the New World Order
England’s policy was always constructed against the politically and economically strongest Continental power,’ he stressed. Ever since Germany became the politically and economically strongest Continental power, did England feel threatened from Germany more than from any other land in its global economic position and its naval supremacy. Since that point, the English– German differences were unbridgeable, and susceptible to no agreement in any one single question. ’8 In April 1914, King George VII and his foreign minister, Sir Edward Grey, made an extraordinary visit to meet French President Poincaré in Paris.
An examination of the actual financial relations of the principal parties to the war reveals an extraordinary background of secret credits, coupled with detailed plans to reallocate the raw materials and physical wealth of the entire world after the war, especially those areas of the Ottoman Empire believed to hold significant petroleum reserves. By most accounts, the trigger detonating the Great War was pulled by a Serbian assassin on June 28, 1914, at the Bosnian capital Sarajevo, when he murdered Archduke Franz Ferdinand, heir to the AustroHungarian throne.
In 1901, in exchange for a significant sum of cash up front, the Shah awarded d’Arcy a ‘firman,’ or royal concession, giving him full powers and unlimited liberty, for a period of sixty years, to probe, pierce and drill at their will the depths of Persian soil; in consequence of which all the sub-soil products sought by him without exception will remain his inalienable property. D’Arcy paid the equivalent of $20,000 cash and agreed to pay the Shah a 16 per cent royalty from sales of whatever petroleum was discovered.
A Century of War: Anglo-American Oil Politics and the New World Order by F. William Engdahl