"Our main reason for invading Iraq was to assure
control of its oil reserves. When our
initial excuse of weapons of mass
destruction was proved false, we fell back on the rationale of promoting
democracy in the Middle
East." - Maneck Bhujwala1861
First oil wells were drilled in
Oil City becomes central to the petroleum industry
while hosting headquarters for the Pennzoil, Quaker State, and
Wolf's Head motor oil companies.
Richfield Oil Corporation founded.
Cities Service Company
acquires a majority of the stock of Richfield Oil Corporation.
Harry Sinclair president of
Consolidated Oil continues to pursue Richfield Oil and prevents
Standard Oil of California (Chevron) from taking over.
Richfield Oil sponsored Disneyland's model freeway Autopia from
1936 Rio Grande, controlled by
Consolidated Oil, and Cities Service Company agree to a merger
retaining the name Richfield Oil.
Every severe global recession
of after World War II has been preceded by a jump in the price of oil.
1966 Richfield Oil merges with
Atlantic Refining to form Atlantic Richfield Corp, also known as
sees control of Iraq as the key to lowering American oil prices, bolstering the
American economy and ending the 30-year stranglehold on the global oil market
In the 1970s and
the 1980s, the transnational elite secured it's interest in oil without
stationing a single combat soldier on
the Arabian Peninsula but peace is just not as
profitable as war!
In the 1970s and the 1980s America relied on
numerous aircraft carriers off the coast of the Arabian Peninsula.
transnational elite also built
numerous military bases near but not on
the Arabian Peninsula so that large numbers of
military ground forces
could be moved to the region quickly if
a crisis emerged.
American military bases were
built in Saudi Arabia and
not removed after the first Gulf
War it gave Usamah bin Mohammad bin
Laden something to bitch about.
2000 ARCO in turn was purchased by BP PLC.
A PLC is
a limited liability company (LLC) that has offered
shares of stock to the general
PLC is used in Great Britain and some Commonwealth nations
and is the equivalent of the US "Inc."
"One of the realities global inhabitants face but
don't seem to realize is oil depletion." - Dwayne
invaded Iraq all Baath party members were fired.
Baath party members held every operational and
executive position as that was required by the regime of Saddam Hussein Abd
Each and every individual that knew how to
operate industrial concerns.
The invasion was never about 'helping' the
"Controlling Iraq is about oil as power, rather
than oil as fuel. Control over the Persian Gulf translates into control over
Europe, Japan, and China. It's having our hand on the spigot." - Michael
"A marine friend told me we lost the hearts and
minds of the Iraqis when we secured the oil fields but left their national
artwork open to plunder." - Jonathan Talberg
Valdez runs aground in Prince William Sound, Alaska.
spills 11 million of 53 million US gallons of petroleum.
originally extracted at the Prudhoe Bay field, covered 1,300 miles (2,100 km)
of coastline, and 11,000 square miles (28,000 km2) of ocean.
default swap was invented for
ExxonMobil for the
Valdez oil spill.
In the case of Baker v. Exxon, an Anchorage
jury awarded $287 million for actual damages and $5 billion for punitive
To protect itself in case the judgment was affirmed, Exxon
obtained a $4.8 billion credit line from JP Morgan.
This gave JP Morgan
the opportunity to create the first modern credit default swap in 1994, so that
JP Morgan would not have to hold so much money in reserve (8% of the loan under
Basel I) against the risk of default.
Exxon appealed the ruling, and the
9th U.S. Circuit Court of Appeals ordered the original judge, Russel Holland,
to reduce the punitive damages.
On December 6, 2002, judge announces
reduced damages to $4 billion, which he concluded was justified by the facts
and not grossly excessive.
Exxon appealed again and the case returned
to court to be considered in light of a recent Supreme Court ruling in a
similar case, which caused Judge Holland to increase the punitive damages to
$4.5 billion, plus interest.
After more appeals, and oral arguments
heard by the 9th Circuit Court of Appeals on January 27, 2006, the damages
award was cut to $2.5 billion on December 22, 2006.
Court cites recent
Supreme Court ruling on limits to punitive damages.
In a decision
issued June 25, 2008, Justice David Souter issued the judgment, vacating the
$2.5 billion award and remanding the case back to a lower court, finding
damages were excessive in respect to maritime common law.
actions deemed "worse than negligent but less than malicious."
judgment limits punitive damages to the compensatory damages, which for this
case were calculated as $507.5 million.
JP Morgan invented credit default swaps: Exxon Valdez liability
Outsmarted: High Finance vs. Human Nature
Destroyed The Economy 20 Years Later
Exxon Valdez Environmental Damages remain
June 1992 Assets and operations of
Texaco in Ecuador turned over
to Petroecuador after lease expires.
Hundreds of toxic waste pits,
scattered near local communities, rivers, and streams, are
billions of gallons of toxic
wastewater into the rainforest from 1964 to 1992 while operating hundreds
of oil wells.
Instead of designing the drilling and pumping operations
to re-inject toxic wastewater back into deep subsoil formations, standard
industry practice at the time, Texaco chose to dump the dangerous brew -
cadmium - directly into
local streams and tributaries.
"This was not an accident; it was a crime
against nature and the indigenous population." - Maria Garces, Union of
People Affected by Texaco
1997 BP Amoco
purchases a 10% stake in the Russian oil amalgamation
1998 With Dick Cheney is in charge Halliburton Energy
Services contracts with Moscow based Tyumen Oil to deveolp four western Siberia
fields, the first being
Tyumen had proven oil reserves
of 4.3 billion barrels, possibly as many as 6.1 billion barrels, with crude oil
production and refining capabilities of 420,000 barrels/day and 230,000
2001 Richard Bruce
Cheney puts together a Energy
Task Force that develops
a map of Iraq's oil
fields, with the southwest divided into nine "Exploration
2002 "The State Department' Oil
and Energy Working Group, meeting between December 2002 and April 2003,
said that Iraq "should be opened to international oil corporations as quickly
as possible after the war."
method of privatization
was a form of oil contract called a
Page 1, Chapter 1 of the Iraq Study Group report
lays out Iraq's importance to its region, America and the world with this
"Iraq has the world's second-largest known
then proceeds to give very specific and radical recommendations as to what the
US should do to secure those reserves.
If the proposals are followed,
Iraq's national oil industry will be commercialized and opened to foreign
firms." - Antonia Juhasz, 12/08/06
Halliburton and Sibneft, Russia's
fifth largest crude oil producer, sign an agreement.
Sibneft will use
Halliburton's new technologies to improve well construction and processing
directs all project management.
2003 Invasion of
Iraq begins on March 20, 2003.
"Leaks from the
State Department "future of
Iraq" office show Washington plans to privatize the Iraqi
economy and particularly the state-owned national oil incorporation." -
Jonathan Steele 03/31/03
Between 2003 and 2004, American oil imports
from Iraq increased by more than 86%.
American appointed interim Prime Minister Iyad Allawi submitted guidelines to
Iraq's Supreme Council for Oil Policy suggesting that the "Iraqi
government disengage from running the oil sector" and that it be opened to
international foreign investment, according to International Oil
Monetary Fund records a world wide 23% rise in
this new world order of high energy prices
basic food commodities such as
soybeans and sugarcane
will also become major energy sources.
Grain can be converted into bread
for food or ethanol for gas stations.
Vegetable oil can be used for cooking or it can go to be used as diesel
Faced with an insatiable demand for automotive fuel,
industrial farmers will want
to clear more and more of
the remaining tropical forests to produce sugarcane, oil palms, and other
high yielding fuel crops generating a massive new threat to genetic diversity
by conversion to industrial monoculture.
To survive humanity must turn
to local sustainable energy sources.
The resource exploitive fossil fuel
center oriented, throwaway global consumer cultural model will be replaced
with a 'new'
symbiotic biomimicking cultural model.
In the small isolated
communities that survive the throwaway global consumer culture
symbiotic biomimicking cultural model based on reuse/recycle
"cradle-to-cradle" economy powered by
renewable energy sources:
tide, geothermal, hydropower,
and hemp biofuels.
2007 Iraq's new oil law allows
provinces freedom from the central
government control in executing exploration and production contracts called
"production share agreements".
Americans burn 20.7 million barrels of
oil per day, the equivalent of the oil consumption of China, Japan, Germany,
Russia, and India combined.
Lee Hunt, CEO of Hunt Oil, signs an oil deal with the Kurdistan Regional
Government of Iraq with the approval of the State Department according to
documents obtained by Congressional Commitee on Oversight and Government
Ray Lee Hunt spent most of the Bush administration serving on
the President's Foreign Intelligence Advisory Board (renamed the President's
Intelligence Advisory Board in early 2008).
A meeting shrouded in secrecy between 34 international oil companies and Iraqi
oil ministry representatives occurred at the Park Lane Sheraton in London to
divvy up the following oil fields:
Kirkuk and Bai Hassan in the north,
and Rumaila North and South, Zubair, West Qurna Stage 1 and the three Missan
oil fields in the south.
Also on the table are the Akkas gas field in
western Iraq and the Mansouria gas field to the country's east where. With a
combined total of 40 billion barrels, at no point in history has so great a
quantity of known oil been offered in a single bid round to international oil
companies, in any country.
"We are dependent on oil for our
commerce, medicine, communication,
sanitation and the job specialization that provides the vast majority of our
our dependency will involve wholesale change in the way we live and who we
are." - Sara Anne EdwardsMatthew Simmons, chairman and CEO of the
leading oil industry investment
bank Simmons & Co. International, financed
the exploration and
development of new oil reserves.
In Twilight in the Desert,
Matthew Simmons states:
(1) Most of Saudi Arabia's oil output is
generated by a few giant fields, of which Ghawar - the Earth's largest - is the
(2) These giant oil fields were first developed 40 to 50
years ago, and have since given up much of their easily extracted oil.
(3) To maintain high levels of production
in these major oil fields, the Saudis have come to rely increasingly on the use
of water injection and other secondary recovery methods to compensate for the
drop in natural field pressure.
(4) As time passes, the ratio of water
to oil in these underground fields rises to the point where further oil
extraction becomes difficult, if not impossible and there is very little reason
to assume that future Saudi exploration will result in the
discovery of new oil fields to
replace those now in decline.
IEA's World Energy Outlook
A study of the depletion rates of the world's top 800 oil fields found
that the world would need to add 64 million barrels per day (mbpd) of new
capacity between 2007 and 2030 in order to meet
an anticipated demand growing
at 1.6% per year.
Depletion rates after the peak can vary widely, from
about 2% per year for a well-managed onshore field, to 20% or more per year for
deepwater fields like Mexico's Cantarell field, and other deepwater fields in
the Gulf of Mexico.
the 42 largest oil producing countries in the world, representing roughly 98%
of all oil production, 30 have either plateaued or passed their peaks.
The IEA concluded that the world will have a hard time reaching 100
mbpd within the next two decades.
Their projected supply curves are now
sharply reduced, while their global demand projections continue to show about a
1.5% annual rate of growth.
The report concluded with this stark
By 2015, we expect relentless depletion to overcome new
refinery on fire
!The accuracy of government safety
statistics is undermined by the fact that many workers are now hired by or
Long considered one of the nation's most dangerous
industries, oil refining suddenly became one of the safest when the US Bureau
of Labor Statistics reported no refinery deaths in 2002 or 2003.
least nine people were asphyxiated,
burned or fell to their deaths at refineries during those years, according
to media accounts, industry statistics and
fatal accident reports
to the Occupational Safety and Health Administration.
"They'll show up
in the statistics but not as refinery workers. The more dangerous an
occupation, the less likely a corporation will hire those people directly -
they want to boost safety rates and decrease liability." - Guy Toscano, retired
economist Bureau of Labor Statistics
The way safety statistics
are now kept, a work site will not generally get a black mark if contractors
from other companies are killed or injured there -
only if a permanent
employee dies or gets hurt.
"If the site gets picked up, it's going
to be almost a fluke." - former OSHA Administrator Patrick Tyson
Hazardous industries such as steel, are increasingly contracting out
their more dangerous jobs to make the primary corporation look safer.
Terry Brimer fell when a corroded railing gave way at the Indiana
refinery in 2004.
OSHA fined British Petroleum $1,625.
"I have a British Petroleum paper that says we will provide our
employees with a safe work environment, but there wasn't one for my husband. I
don't feel like a $1,625 fine is enough of a motivator for them." - Naomi
British Petroleum West Coast Products agreed to fines, health
programs and improvements totaling a record $81 million for thousands of
pollution violations over the past decade at its Carson, California oil
"Since British Petroleum failed to identify and inspect as
many as half the components in its facility during the last decade, emissions
might be as much as double previous totals." - AQMD chief counsel Peter Mieras
2005 15 workers die in British Petroleum refinery fire in Texas City,
The worker deaths at the British Petroleum refinery could have
been prevented according to a report by the United Steelworkers.
had taken the union's advice to pipe the atmospheric vent - where the
hydrocarbons were released - to the flare system there would have been no fire
and if BP had not violated its own policy and issued themselves a variance in
order to place the trailer in a dangerous unit there would have been no
deaths." - United SteelWorkers Region 6 Director Gary Beevers
Chemical Safety and Hazard Investigation Board, one of several agencies looking
into the blast, stated internal British Petroleum documents show that budget
cuts of 25% from 1998 through 2000 caused a progressive deterioration of safety
at the refinery.
"British Petroleum has admitted they were responsible.
The issue is what level of knowledge did they have in advance. Those issues are
still out there." - Brent Coon, Eva Rowe's attorney
Eva Rowe's parents,
48-year-old James Rowe and his wife, Linda Rowe, 47, of Hornbeck, La., were two
of the 15 killed.
British Petroleum agrees to pay $50 million in fines
and plead guilty to a felony for it's role in the refinery fire.
October 2009 OSHA fines British Petroleum $87 million for
failing to correct deficiencies that lead to the 2005 explosion and fire that
killed 15 workers.
OSHA issued 271 notifications to BP for failing to
correct hazards at the Texas City refinery over the four-year period since the
explosion and fire.
OSHA is issuing fines of $56.7 million for "failure
In addition, OSHA also identified 439 "willful and
egregious" violations of industry-accepted safety controls at the refinery.
Those violations will lead to $30.7 million in additional
EPA whistleblower Hugh
Kaufman gave an interview to Democracy Now during the height of the
Deepwater Horizon oil
spill news coverage and explained his views on the use of Corexit, saying
"EPA now is taking the position that they really don't know how dangerous it
is, even though if you read the label,
it tells you how dangerous it is.
And, for example, in the
Exxon Valdez case,
people who worked with dispersants, most of them are dead now.
average death age is around fifty.
It's very dangerous, and it's an
economic - it's an economic protector of BP, not an environmental protector of
US District Judge Carl Barbier in December 2012 dismissed
all claims against the manufacturer of Corexit, stating
that such claims would become an "obstacle to federal law".
held that Nalco did not determine how and in what quantities Corexit was
administered during the Deepwater Horizon oil spill.
Dead-Missing-Jailed BP Whistleblowers
1) Stock for BP reached a 52 week high on April
2) Stock for Halliburton reached a 52 week high on April 23,
3) Goldman Sachs was "short selling" oil rigs the week
before the accident.
February 17, 2011 - LSU scientist unknown illness
Tremonte: January 26, 2011 - Mississippi Department of Marine Resources
officer, from Ocean Springs arrested on child porn charge
Dr. Thomas B.
Manton: January 19, 2011 - former President and CEO of the International Oil
Spill Control Corporation - imprisonment and subsequent murder while
John P. Wheeler II: December 31, 2010 - a former Pentagon
official and presidential aide and a defense consultant and expert on chemical
and biological weapons - was beaten to death in an assault, body was discovered
in a Wilmington landfill
James Patrick Black: November 23, 2010 - an
incident commander for BP's Gulf of Mexico
oil spill response team, died
near Destin, Florida in a small plane crash'
Chitra Chaunhan: November 15, 2010 - worked in the USF
Center for Biological Defense and Global Health Infectious Disease Research.
Found dead in an apparent
suicide by cyanide at a Temple Terrace hotel. She leaves behind a husband
and a young child.
Dr. Jeffrey Gardner: November, 2010 - MIA Status, of
Lakeland, FL - investigating unexplained bird deaths near Sarasota abruptly and
immediately closed his practice, and apparently his investigation into the
deaths of swans in Sarasota, suspected to have been impacted by the BP Oil
Disaster. No one has heard or spoken with him since.
Roger Grooters: October 6, 2010 - hit by a truck as he passed
through Panama City, Florida. Mr. Grooters had been knocked down and killed
close to the end of a 3,200-mile trans-America
charity ride to raise
awareness about the Gulf Coast oil disaster. He began his cross-country bike
ride in Oceanside, California, on September 10th.
Senator Ted Stevens: August 9, 2010 -
longest-serving Republican senator in history was among nine people on board
when the 1957 DeHavilland DHC-3 Otter, crashed into a brush-and rock-covered
mountainside about 17 miles north of the southwest Alaska
fishing village of
Dillingham. Stevens was the recipient of a
communication relative to the BP Oil Disaster blow-out preventer, and a
conspiracy of secrecy to hide
the facts from the public.
Matthew Simmons: August 13, 2010 - Simmons' body
was found in his hot tub, investigators said. An autopsy by the state medical
examiner's office concluded Monday that he died from accidental drowning with
heart disease as a contributing factor. Simmons was the only industry insider
willing to speak out against the "officials" during the BP Oil Disaster in the
Gulf of Mexico
Joseph Morrissey: April 6, 2010 - cell biologist and
college professor, a near-native Floridian who chose to return to South Florida
after studying at elite universities - was fatally shot during what police say
was a home invasion
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industrial military entertainment complex and is responsible for the collapse
of morals, the elevation of self-centered behavior and the destruction of
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American social mores and values have declined precipitously
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