“Not now — then! Ask ’em when they’re running out. Ask ’em when there’s no heat in their homes and they’re cold. Ask ’em when their engines stop. Ask ’em when people who have never known hunger start going hungry. You wanna know something? They won’t want us to ask ’em. They’ll just want us to get it for ’em!
“Three Days of the Condor” 1975
Have you ever, perhaps a night,alone thought. The oil, just effen take it ?
No war for oil? Why not? In the event that an enemy cut our supplies, would that not be an act of war? Roosevelt’s cut off of strategic materials to the Japanese was a major boost to the war party in Tokyo, and the impetus behind their drive south too Southeast Asia.
Of course, they were the bad guys.
The oil cartel has in the last four decades effected a transfer of wealth against which the plunder of the New World by European empires pales.
The irony is that the Middle Easter fields were discovered and developed by the Americans and the British. These deposits then became the sovereign wealth of states mostly either created from the former empires, or under the influence of the metropolitan countries – and the US.
Why do we put up with it, Because we are not the bad guys anymore, There was no War for OIl:so far, not one drop from Iraq. Kuwait did pay off its much smaller rescue Iraq says to shove off,.
But we don’t just take stuff anymore, Instead we fool around with windmills and CAFE, put obstacles in the way of gas piplines from Canada, stop drilling in the Gulf, and subsidize domestic methanol when we could get it cheaper from Brazil. If( or when) one day an oil producing enemy, such as Iran and perhaps a radicalized Sauidi Arabia( which would have a differnet name) did interdict our supply a casus belli would exist.
The Eastern fields of Saudi Arabia are particularly vulnerable and could easily be secured. Iran’s production is localized as well. Either of these would be, more than enough production to break the cartel.
So do I, in such a near armageddon, advoate coming in like PIzarro and Cortez?
No; Oil could be pumped and paid for, at a fair market price, the monies perquisite in escrow for return after a just peace,
Because we are good guys.
If we weren’t, we would also calculate the monstrous overcharges from the OPEC Era and take that as well, inflation adjusted upwards. I wonder if there would be any oil left at all by the time they paid us back.