Quote Originally Posted by Andre View Post
Oh now I know what muzzies are !
Had me stumped there for bit.

Oil is all about controlling the world price not supply. It is about barrels released and produced on demand as much as stockpiles.

The Middle east consortium via a few global companies (It had a real name,which I forget, but it was a number of countries who sought to join up to be in the controlling position of the world price).
They nearly got control at one point and were a mere vote away from a monopoly on it, its only that they fell apart in disagreement and lost some voters over our Israeli friends doing something or another at the time, that they fucked themselves up.
Usa saw this and have worked very nicely on a number of levels to halt them ever going up the same path and forming into another. A foothold over there is very useful.
I couldnt find the thing I had read just yet on it; but this spells out why America is in the region in no uncertain terms.

American intervention in the Middle East

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This article has no lead section. Please help by adding an introductory section to this article. For more information, see the layout guide, and Wikipedia's lead section guidelines. (May 2011) This article provides an overview of American interventions in the Middle East executed between 1941 and before the Iranian Revolution in 1978-1979.
Contents




Background

The United States’ relationship with the Middle East prior to the Second World War was minimal. Moreover, in comparison to European powers such as Britain and France which had managed to colonize almost all of the Middle East region after defeating the Ottoman Empire in 1918, the United States was ‘popular and respected throughout the Middle East’.[1] Indeed, ‘Americans were seen as good people, untainted by the selfishness and duplicity associated with the Europeans’.[2] American missionaries had brought modern medicine and set up educational institutions all over the Middle East. Moreover, the US had provided the Middle East with highly skilled petroleum engineers.[3] Thus, there were some connections made between the United States and the Middle East before the Second World War. Other examples of cooperations between the US and the Middle East are the Red Line Agreement signed in 1928 and the Anglo-American Petroleum Agreement signed in 1944. Both of these agreements were legally binding and reflected an American interest in control of Middle Eastern energy resources, namely oil, and moreover reflected an American ‘security imperative to prevent the (re)emergence of a powerful regional rival’.[4] The Red Line Agreement had been ‘part of a network of agreements made in the 1920s to restrict supply of petroleum and ensure that the major [mostly American] companies…could control oil prices on world markets’.[5] The Red Line agreement governed the development of Middle East oil for the next two decades. The Anglo-American Petroleum Agreement of 1944 was based on negotiations between the United States and Britain over the control of Middle Eastern oil. Below is shown what the American President Franklin D. Roosevelt had in mind for to a British Ambassador in 1944:
Persian oil …is yours. We share the oil of Iraq and Kuwait. As for Saudi Arabian oil, it’s ours.[6]