It
shouldn’t have surprised anyone when the six nations which make up the
Gulf Cooperation Council (GCC) called on their Western protectors to
enforce a no-fly zone in the skies over Libya in 2010. Or that these
same monarchies scurried to arm the same
al Qaeda terrorists they were protecting in Libya as they invaded Syria in a failed attempt to overthrow the Assad government.
Why would these Arab nations- Saudi Arabia, Kuwait, Bahrain, UAE,
Oman and Qatar- clamor for war against these fellow Arab oil-producers?
A brief history of the GCC is in order.
(Excerpted from Chapter 5: Persian Gulf Rent-a-Sheik: Big Oil & Their Bankers…)
The Iranian Revolution of 1979 was a watershed event. With the Shah
deposed and the Iranian Consortium nationalized, the Four
Horsemen- Exxon Mobil, Chevron Texaco, BP Amoco and Royal
Dutch/Shell- and their Rockefeller/Rothschild owners sought to create a
more comprehensive security system for the safeguarding of Persian Gulf
crude oil. The House of Saud was fast becoming a lightning rod for Arab
nationalists, who saw the monarchy as a Western surrogate.
The State Department sought to take pressure off the Saudis by
finding other regional leaders willing to embrace the same oil for arms
quid pro quo that
had been in force in the Kingdom since the early 1950’s. That
arrangement involves the US arming the House of Saud to protect it from
enemies both foreign and domestic. In return the Saudis serve as “swing
producer”, ensuring the West a steady and relatively cheap supply of
oil. While US spook outfits like SAIC, Booz Hamilton, TRW and
Vinnell Corp. trained the Saudi National Guard, Pakistani and Egyptian
pilots (Saudi nationals were not to be trusted) were trained to fly US
F-15 fighters in protection of the Kingdom. The Saudis in turn became
the primary funder of CIA/MI6/Mossad covert operations worldwide,
including those aimed at Libya from bases in Exxon Mobil-controlled
Chad.
While the Middle East region contains 66.5% of known global crude oil
reserves, the shoreline which surrounds the southwest side of the
Persian Gulf and which is the property of Saudi Arabia, Kuwait, Qatar,
Bahrain, Oman and the United Arab Emirates (UAE), contains 42% of the
world’s crude reserves. The Saudis have 261 billion barrels, more than
double any other nation and 26% of the world’s known reserves. The
Kingdom encompasses no less than 60 major oil and gas fields which
produce 10 million barrels per day. The massive Ghawar field is by far
the largest on earth. Iraq has the world’s second largest proven
reserves at 112 billion barrels The UAE is third with 97.8 b/b.
Kuwaiti is fourth with 96.5 billion barrels.
In 1981 the US and Saudi governments spearheaded an effort to create
the Gulf Cooperation Council (GCC), consisting of Saudi Arabia, Kuwait,
Qatar, Bahrain, Oman and UAE. All except Oman are members of OPEC. All
are what are known as banker nations within OPEC. Iran, Indonesia,
Venezuela, Iraq, Algeria and Nigeria are considered the industrializing
nations of OPEC. The formation of the GCC drew immediate criticism from
Libya, Syria, Iraq and the PLO who said the agreement divided the Arab
League into haves and have-nots.
The banker nations are prone to sell oil to the Four Horsemen
cheaply, since their countries are already developed and any oil
revenues can be recycled into global investments which benefit those
countries’ elites. The industrializing nations need a higher oil price,
both to develop their countries’ infrastructure and to service their
enormous debts to Western bankers. The banker nations of OPEC are the
price doves, while the industrializing nations are price hawks.
The price-dove banker GCC states are all ruled by monarchs, whom Big
Oil finds easy to manage. OPEC’s price hawk industrializing nations
tend to be more democratic and thus more difficult for the Four Horsemen
to manipulate
via bribery schemes and other forms of
corruption. These democracies tend to have nationalized oil sectors, so
the sale of oil benefits the whole of society, whereas the GCC oil
sector is increasingly privatized, with revenues enriching the Four
Horsemen and their puppet monarchs.
Culturally in the Arab world the foundation of the GCC dramatically
diffused the power of the more traditional and nationalistic
geopolitical power centers in the Middle East such as Damascus and
Beirut, while enhancing the power of the relatively short-lived Gucci
Gulf State monarchies.
This new banker nation block quickly signed the GCC Economic
Agreement, liberalizing their economies to allow for more direct
investment by Western banks and corporations, creating a free trade zone
within the entire membership and launching a duty-free port at Dubai in
the UAE. Bahrain became a major offshore banking center. Foreign
workers from poor Asian countries like the Philippines and Bangladesh
were encouraged to enter GCC countries, providing cheap labor for the
oil elite. A common market was established.
Oil policies were
harmonized.
According to the
Wall Street Journal, the most valuable currencies in the world are not the British pound, the US dollar or the Swiss
franc. Far more valuable are the Kuwaiti
dinar (D$.30=1 US dollar), the Bahraini
dinar (D$.37=1 US dollar) and the Maltese
lira (L$.46=1
US dollar). Malta was founded by Catholic Crusader Knights of Malta
with help from the Vatican. It is a nexus of CIA/organized crime
activity in the Mediterranean.
A 1966
al-Ba’ath newspaper column in Damascus enunciates the Arab nationalist price hawk position which was the
raison d’etre
for OPEC in the first place. “There remains no other course for
national and progressive forces except that of struggle in all its
forms”, the paper implored, adding, “even if this leads to cutting off
oil supply…and closing down oil wells in order to deprive the
monopolist, the embezzler, the despot of this oil”.
Tea-Sipping Embezzlers
In order to fully understand the significance of the formation
of the GCC, one must appreciate the history of feudal elite rule and
British colonization which resulted in the very existence of the
sheikdoms which make up the GCC. A history of single-family rule in
these Persian Gulf States made these emirates ripe for the imposition of
an oil-for-arms security pact like the one formed in 1981. As Qatar’s
Oil Minister stated bluntly in a recently, “The industrial world will
protect the oil. We believe this is a proper exchange of interests and
benefits”.
In 1776 the British East India Company set up a headquarters at what
is now Kuwait. When Kuwaiti members of the Hashemite al-Sabah clan, who
share their surname with Assassin founder Hasan bin Sabah, helped the
Ottoman Turks quell uprisings in southern Iraq, the Shiek of the
Muntafiq tribe gave the al-Sabahs date groves near Fao and Sufiyeh in
southern Iraq.
Kuwait was seen as highly strategic by the British in its role as
protector of Indian Ocean sea lanes. By 1900 the British cut a deal
with Mubarak al-Sabah which carved Kuwait out of Iraq and made it a
British protectorate. The vast majority of people who lived in what was
now declared Kuwait opposed the British plan and wanted to remain part
of Iraq.
In 1914, in the midst of WWI, the British resident in the Gulf
promised Sheik Mubarak al-Sabah Crown recognition of his new country in
exchange for al-Sabah’s turning on and attacking Ottoman Empire troops
at Safwan, Mesopotamia in what is now Iraq. The al-Sabah clan earned
their Union Jack stripes. The Hashemite monarchy single-handedly rules
Kuwait to this day.
In 1917 the British made a client out of Ibn Saud, who was also told
to encourage Arab tribesman to repel the Ottoman Turks from the Gulf
Region at the onset of WWI. That same year the British House of
Rothschild pushed through the Balfour Declaration, lending Crown support
for a Jewish homeland in Palestine. Rothschild was less concerned
about the Jewish people than he was about establishing a Middle East
outpost from where he and his lackeys could keep watch over the center
of their global oil monopoly. A year later the Ottomans were defeated.
Iraq, Jordan and Saudi Arabia were carved out of the Ottoman Empire
and fell under British rule, with Ibn Saud taking control of his
namesake Saudi Arabia. His progeny form the modern-day House of Saud.
Palestine became part of Transjordania and was run by an emir
hand-picked by the British. The Trucial States of Oman (now United Arab
Emirates) and the Oman Coast (now Oman) were also given British
protectorate status. As Winston Churchill commented three decades
later, “The emir is in Transjordania, where I put him one Sunday
afternoon in Jerusalem”.
In 1922 the Treaty of Jeddah gave Saudi Arabia independence from
Britain, though the Crown still exerted considerable influence. [173]
During the 1920’s, with help from British troops, Ibn Saud grabbed more
territory from the Ottomans when he annexed Riyadh. He also seized the
holy cities of Mecca and Medina from the Hashemites.
Britain and France signed the San Remo Agreement which split Middle
East oil concessions between the two countries. Within two weeks the US
responded with the Open Door Policy, which cut the US Horsemen into the
Middle East oil game. Small US independent producers like Sinclair
opposed the policy, complaining that it favored the Rockefeller oil
interests. US oil majors Exxon, Mobil, Chevron, Texaco and Gulf- the
first three progeny of the John D. Rockefeller Standard Oil
Trust- joined with British Petroleum, Royal Dutch/Shell- owned largely
by Holland’s royal House of Orange and the Rothschild family- and the
French
Compaignie de Petroles in dividing up the Middle East oil patch.
The Iraqi Petroleum Company (IPC) and the Iranian Consortium would be
dominated by the European companies, while Saudi ARAMCO would be owned
by the American Horsemen. The British protectorates would be exploited
through various combinations of the Four Horsemen.
An IPC subsidiary, Petroleum Development Trucial Coast, began
drilling in what is now the United Arab Emirates (UAE) in 1935. Today
in the UAE oil industry ADCO is 24%-owned by BP Amoco, 9.5% by Royal
Dutch/Shell and 9.5% by Exxon Mobil. ADMA is owned 14.67% by BP Amoco
and 13.33% by the old French
Compaignie de Petroles, which has
now consolidated into Total.
Esso Trading Company/Abu Dhabi is 100%
owned by Exxon Mobil. Dubai Petroleum is 55% owned by Conoco, which
also owns 35% of Dubai Marine Areas, of which BP Amoco holds a 33.33%
share. The majority of the UAE’s oil goes to Japan. BP and Total hold
long-term shipping contracts with the UAE.
Chevron and Texaco, already joined through ARAMCO and their
Caltex marketing arm, formed the Bahrain Petroleum Company (BPC) in that
protectorate. The new Chevron Texaco now runs BPC. In Qatar, Exxon
Mobil dominates the rich natural gas sector. It owns a large chunk of
Qatargas, which currently provides Japan with 6 million tons of natural
gas per year. It is also a 30% partner in the giant Ras Luffan gas
field which produces 10 million tons of natural gas per year.
BP joined with Gulf in starting the Kuwait Oil Company, which today
sells discount crude to ex-proprietors BP Amoco and Chevron Texaco
(Chevron bought Gulf in 1981). By 1949 the US Horsemen controlled 42%
of Middle Eastern oil reserves, while the Anglo-Dutch Horsemen had 52%.
The remaining 8% was owned by Elf Total Fina and other smaller
companies.
The British began granting independence to its Gulf State
protectorates beginning in 1961 with Kuwait and ending in 1971 when the
United Arab Emirates were formed out of seven sheikdoms, the most
important of which are Dubai, Abu Dhabi and Sharjah. British influence
did not wane. Oman remains particularly close to the Crown. British
mercenaries constitute the royal guards which protect the ruling
families in all six GCC states.
These emirates are ruled by single family monarchies selected by
British colonialists to carry out their plan for dominating Middle East
oil and shipping lanes in the late 18th century. The six GCC ruling
families are inter-related with one another, just as are the royal
families of Europe.
What happened in Libya and now in Syria is a classic covert
operation conjured by Western intelligence and funded by the GCC which
attempts to seize oilfields belonging to the people of Libya and gas
fields owned by Syrians and hand them over to the
Rothschild/Rockefeller trillionaires. Don’t be fooled. This is the
same old colonial bullshit. Viva Ghaddafi! Viva Assad!
Dean Henderson is the author of four books:
Big
Oil & Their Bankers in the Persian Gulf: Four Horsemen, Eight
Families & Their Global Intelligence, Narcotics & Terror Network,
The Grateful Unrich: Revolution in 50 Countries,
Das Kartell der Federal Reserve &
Stickin’ it to the Matrix. You can subscribe free to his weekly
Left Hook column @
www.deanhenderson.wordpress.com
[
sidebar: The United Collective of Criminally Insane are completely
unacceptable as the species Homo Sapiens. Wherever these SUPER PIRATE
'VIRUSES' have come from to contaminate Earth, the SPV need to get
Baking Soda PH until no more fungal snuffing love for the BLOOD sold to
be more BLOOD in the OIL WARS forever and ever!\]
... to be continued ....]
Enough Is Enough: Fraud-ridden Banks Are Not California’s Only Option By Ellen Brown Global Research, January 30, 2014 Web of Debt
