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How the East was Nearly Won: Oil As a Weapon of Blackmail - Printable Version +- Deep Politics Forum (https://deeppoliticsforum.com/fora) +-- Forum: Deep Politics Forum (https://deeppoliticsforum.com/fora/forum-1.html) +--- Forum: Geopolitical Hotspots (https://deeppoliticsforum.com/fora/forum-20.html) +--- Thread: How the East was Nearly Won: Oil As a Weapon of Blackmail (/thread-15288.html) |
How the East was Nearly Won: Oil As a Weapon of Blackmail - David Guyatt - 20-01-2017 William Engdahl in the below article sets out how, in 2003, the US planned to take control of all the Middle Eastern oil and gas fields and use their stranglehold on them to blackmail China and the EU. However, in 2014 one plank of the US blackmail plan collapsed when Russia cut a massive 10 year natural gas deal with China valued at $100 billion (HERE). Only the EU branch of the plan remained intact. Even today, the vast bulk of gas consumed by the EU comes from Russia. If that supply were to be permanently cut and replaced by Qatari gas then the EU would be at the mercy of the US as Engdahl says. It now seems reasonably clear that Russia's military intervention into the Syrian war upset these grand calculations and eventually forced a re-think in regard to the EU equation. Connecting the dots... This assessment is based on two recent agreements, one with Turkey on the TurkStream gas pipeline to Europe - thus ending the dream of the Qatari pipeline. Qatari energy, I am reliably told, is almost 100% controlled by US oil company, Exxon-Mobil. Add to this the fact that Exxon's Chairman CEO was until the last few weeks, Rex Tillerson - who resigned as CEO & Chariman in exchange for a retirement package worth $180 million - to take up the Secretary of State position in Trump administration. Interestingly, in early December, Russia concluded a sale of 19.5% holding in the Russian state oil producer Rosneft to Qatar (i.e. Exxon Mobil) with a chunk of that going to the global energy company, Glencore, founded by the crooked Marc Rich. Rich received a controversial presidential pardon from Bill Clinton in 2001, amidst arguments that the pardon was attributable to gifts paid to the Clinton Foundation ($450k) and to Hilary Clinton ($100k). These three deals clearly seem to signal that an understanding has been reached between the more pragmatic faction of the US business elite and Russia, resulting in that US faction, during the last days of the US election, putting their not inconsiderable weight behind Donald Trump -- dumping Hilary Clinton and her neocon sponsors as a consequence. Quote:THE GREATER MIDDLE EAST PROJECTSource |