A Century Of War: Anglo-American Oil Politics and the New World Order

Page 39

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A Century of War

combine were stalled and delayed until the outbreak of war in August 1914 pushed it from the agenda. The Deutsche Bank plan was to have the Baghdad rail link transport Mesopotamian oil over land, free from possible naval blockade by the British, thereby making Germany independent in its petroleum requirements. THE NEW DREADNOUGHTS It was not until 1909 that Admiral Fisher’s plans for Britain’s oil-fired navy began to be implemented. Germany had just launched the first of its advanced improvement on the British Dreadnought series. The German Von der Tann carried 80,000 horsepower engines, which, while still coal-fired, were capable of a then-astounding 28 knots. Only two British ships could meet that speed. Britain’s coal-fired fleet was at its technological limit and British naval supremacy was decisively threatened by the rapidly expanding German economic marvel. By 1911, a young Winston Churchill had succeeded Lord Fisher as First Lord of the Admiralty. Churchill immediately began a campaign to implement Fisher’s demand for an oil-fired navy. Using Fisher’s arguments, Churchill pointed out that with ships of equal size, oil gives far greater speed, and per equal weight gives a decisive advantage in the domain of action without refueling. In 1912, the United States produced more than 63 per cent of the world’s petroleum, Russia’s Baku 19 per cent and Mexico about 5 per cent. Britain’s Anglo-Persian Exploration Co. was not yet producing major supplies of petroleum, but British government strategy had determined even then that a British presence in the Persian Gulf was essential to the national interest. As we have seen, Germany’s relentless extension of the Berlin–Baghdad railway line played a significant role in this determination. By July 1912, Prime Minister Asquith’s government, on Churchill’s urging, appointed a Royal Commission on Oil and the Oil Engine, chaired by the retired Lord Fisher. By early 1913, acting secretly, again at Churchill’s urging, the British government bought up majority share ownership of Anglo-Persian Oil (today British Petroleum). From this point, oil was at the core of British strategic interest.7 If Britain could not only secure her own direct petroleum needs for the transport and energy technology of the future, but perhaps more decisive, if she could deny economic rivals their access to secure petroleum reserves in the world, her dominant role might be maintained into the next decades. In short, if Britain’s stagnating

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Articles inside

Index

28min
pages 299-314

Appendix II: Participants at the Saltsjöbaden Meeting of the Bilderberg Group (1973

1min
pages 297-298

‘Full spectrum dominance’

5min
pages 279-281

Appendix I: Founding Members of the Trilateral Commission (1973

0
page 296

The peak of oil?

10min
pages 269-273

Notes

30min
pages 282-295

Oil and bases: removing the obstacles

10min
pages 274-278

‘You’ve got to go where the oil is’

6min
pages 266-268

From Kabul to Baghdad: war on terror or war on oil?

6min
pages 263-265

‘The New American Century’

4min
pages 261-262

U.S. oil geopolitics in the Balkans

9min
pages 252-256

‘Where the prize ultimately lies’

4min
pages 259-260

Yugoslavia gets the shock therapy

6min
pages 249-251

Washington revisits Halford Mackinder

4min
pages 242-243

Russia gets the IMF Third World cure

10min
pages 244-248

Phase two: shooting Asian tigers

4min
pages 240-241

Japan: wounding the lead goose

8min
pages 236-239

The target: an independent Europe and Japan

6min
pages 230-233

Saddam and Operation Desert Storm

12min
pages 224-229

‘We’ll get by with a little help from our friends’

4min
pages 218-219

The fall of a wall panics some circles

7min
pages 220-223

Wall Street replays the 1920s, IMF-style

16min
pages 202-209

Gunboat diplomacy and a Mexican initiative

16min
pages 194-201

Reagan’s chickens come home to roost

16min
pages 210-217

The Crash of 1979: Iran and Volcker

16min
pages 180-188

Gold, dollar crisis and dangerous new potentials from Europe

7min
pages 176-179

Population control becomes a U.S. national security issue

4min
pages 158-160

From Colombo comes a political earthquake

11min
pages 167-172

Atoms for Peace becomes a casus belli

5min
pages 173-175

Taking the ‘bloom off the nuclear rose’

4min
pages 152-153

The economic impact of the oil shock

6min
pages 149-151

Developing the Anglo-American green agenda

7min
pages 154-157

Dr. Kissinger’s Yom Kippur oil shock

6min
pages 146-148

Saltsjöbaden, 1973

0
page 145

4. List of proposed U.S. Bilderberg group participants (1973

0
page 142

6. Cover page of Bilderberg protocol (Saltsjöbaden, 1973

0
page 144

Saltsjöbaden, 1973

0
page 143

De Gaulle is toppled

4min
pages 136-137

Sterling, the weak link, breaks

10min
pages 131-135

An unusual meeting at Saltsjöbaden

2min
page 141

The beginnings of America’s internal rot

6min
pages 128-130

The Vietnam option is taken

6min
pages 125-127

The dollar wars of the 1960s

6min
pages 122-124

1957: America at the turning point

1min
page 120

‘That ’58 Chevy’

2min
page 121

Anglo-American grand designs against Europe

3min
pages 118-119

Mattei’s bold development initiative

10min
pages 110-115

Italy attempts independence in oil and development

4min
pages 108-109

Mohammed Mossadegh takes on Anglo-American oil

12min
pages 102-107

The power of the New York banks tied to U.S. oil

2min
page 101

The dollar standard, Big Oil and the New York banks

1min
page 98

The Marshall Plan forms a postwar oil hegemony

4min
pages 99-100

Deterding, Montagu Norman and Schacht’s Hitler Project

17min
pages 87-95

The Anglo-American Red Line

3min
pages 85-86

The real origins of Weimar hyperinfl ation

6min
pages 82-84

Military occupation of the Ruhr

1min
page 81

Germany tries to outfl ank the British

4min
pages 79-80

Sinclair and the American bid

3min
pages 77-78

Churchill and the Arab Bureau

1min
page 70

New York bankers challenge the City of London

6min
pages 66-68

The secret of British oil control

8min
pages 72-75

Britain moves for oil supremacy

1min
page 69

A battle for control of Mexico

2min
page 71

Balfour backs the new concept of empire

6min
pages 57-60

Arthur Balfour’s strange letter to Lord Rothschild

3min
pages 55-56

‘Selling the same horse twice’

1min
page 54

Oil in the Great War

5min
pages 48-50

3. British map of the Mesopotamian oilfi elds (1914

2min
pages 52-53

Sir Edward Grey’s fateful Paris trip

1min
page 40

Railway project (1899

0
page 38

Fashoda, Witte, great projects and great mistakes

9min
pages 41-45

Britain’s secret eastern war

1min
page 51

The new Dreadnoughts

2min
page 39

The necessity for ship and rail infrastructure

6min
pages 26-29

Partial list of offi cial Bilderberg attendees

2min
page 18

The Great Depression of 1873

5min
pages 19-21

Kuwait (1899

0
page 37

A Berlin bank panic

1min
page 25

By rail from Berlin to Baghdad

8min
pages 33-36

D’Arcy captures the secret of the burning rocks

4min
pages 31-32
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