Should the US Nationalize the Four Horsemen?

January 25, 2012 — Dean Henderson

President Obama’s State of the Union address was geared towards refuting Republican claims that he is some kind of “European socialist” hostile to the “free market”. Had they the capacity to utilize facts in their purely ideological narrative, the Grand Old Party of doom & gloom would have realized that nearly all European countries have been under conservative control for the past decade – their collective supply-side economics experiment now teetering on the brink of another financial meltdown akin to what decades of Reagan/Bush policies brought the US in 2008.

Of particular interest were Obama’s remarks on energy, as he laid to rest the 2,000 job, no oil for the US, Keystone Pipeline fiasco by citing increased US oil exploration, integral government-funded natural gas extraction research and the need for clean energy.

But moving the US towards energy independence could take a quantum leap if Obama were to take a more radical approach. He should bypass the can’t-do righties, sign an Executive Order to nationalize the Rockefeller/Rothschild-controlled Four Horsemen (Exxon Mobil, Chevron Texaco, Royal Dutch/Shell & BP Amoco) and launch the US Energy Company to replace the Department of Energy. Once accomplished oil & gas profits could be funneled into clean energy research & development.

The global elite know that energy is paramount to life. Control over energy means control over people. Four giant companies are now making a play to own not just all the oil, but virtually all energy sources on the planet.

Royal Dutch/Shell and Exxon Mobil are the heaviest and most vertically integrated of the Four Horsemen. These behemoths have led the charge towards horizontal integration within the energy industry, investing heavily in natural gas, coal and uranium resources.

With the fall of the Berlin Wall, Eastern Europe, Russia, the Balkans and Central Asia were opened to Big Oil. Exxon Mobil formed a joint venture with the Hungarian state oil company Afor before the Wall had even hit the ground. BP Amoco took a majority stake in Russia’s Lukoil.

According to Kurt Wulff of oil investment firm McDep Associates, the Four Horsemen, romping in their new Far East pastures, saw asset increases from 1988-94 as follows: Exxon Mobil-54%, Chevron Texaco-74%, Royal Dutch/Shell-52% and BP Amoco-54%. The Rockefeller/Rothschild Oil Cartel had more than doubled its collective assets in six short years.

Russia and Central Asia contain over half of the world’s natural gas reserves. Royal Dutch/Shell has led the way in tapping these reserves, forming a joint venture with Uganskneftegasin at a huge Siberia gas field in which Shell owns a 24.5% stake. Shell has been the world’s #1 producer of natural gas since 1985, often via a joint venture with Exxon Mobil.

In the US retail natural gas sector Chevron Texaco owns Dynegy, while Exxon Mobil owns Duke Energy. Both were key players, along with Enron, in the 2000 natural gas spikes that battered the economy of California and led to the bankruptcy of that state’s main utility provider, Pacific Gas & Electric. Exxon Mobil has extensive interests in power generation facilities around the world including full ownership of Hong Kong-based China Light & Power.

During the 1970s Big Oil invested $2.4 billion in uranium exploration. They now control over 1/2 the world’s uranium reserves, key to fueling nuclear power plants. Chevron Texaco and Shell even developed a joint venture to build nuclear reactors.

Exxon Mobil is the leading coal producer in the US and has the second largest coal reserves after Burlington Resources, the former BN railroad subsidiary which in 2005 was bought by the DuPont family-controlled Conoco Phillips. Royal Dutch/Shell owns coal mines in Wyoming through its ENCOAL subsidiary and in West Virginia through Evergreen Mining). Chevron Texaco owns Pittsburgh & Midway Coal Mining.

Seven of the top fifteen coal producers in the US are oil companies, while 80% of US oil reserves are controlled by the nine biggest companies. Both Royal Dutch/Shell and Exxon Mobil are hastily buying up more coal reserves.

Concentration of power across the energy spectrum is not limited to the US. In Columbia, Exxon Mobil owns huge coal mines, BP Amoco owns vast oilfields and Big Oil controls all of the country’s vast non-renewable resources. In 1990 Exxon Mobil imported 16% of its US-bound crude from Columbia.

The Four Horsemen have invested heavily in other mining ventures as well. Shell holds long term contracts with several governments to supply tin through its Billiton subsidiary, which has mines in places like Brazil and Indonesia, where it is that country’s largest gold producer. Billiton merged with Australia’s Broken Hill Properties to become the world’s biggest mining conglomerate- BHP Billiton.

Shell also enjoys cozy relations with the world’s 2nd largest mining firm- Rio Tinto- through historically interlocked directorates. Holland’s Queen Juliana and Lord Victor Rothschild are the two largest shareholders of Royal Dutch/Shell.

Shell recently began investing heavily in the aluminum industry. Shell Canada is Canada’s top sulphur producer. Shell controls timber interests in Chile, New Zealand, Congo and Uruguay and a vast flower industry with farms in Chile, Mauritius, Tunisia and Zimbabwe.

Yesterday, Shell’s BHP Billiton tentacle announced a $38.6 billion hostile takeover attempt of Canada’s Potash Corp. BHP Billiton already owns Anglo Potash and Athabasca Potash. Ownership of Potash Corp. would give them control over 30% of the global potash market. Potash is a necessary component in growing any agricultural crop.

BP Amoco, through its ARCO subsidiary, has become one of the world’s top six producers of bauxite, from which aluminum is derived. It has mines in Jamaica and other Caribbean nations.

Chevron Texaco controls over 20% of the huge AMAX mining group, the leading producer of tungsten in the US with extensive holdings in South Africa and Australia.

Exxon Mobil owns Superior Oil and Falconbridge Mining, Canada’s largest producers of platinum and nickel, respectively. Exxon also owns Hecla Mining, one of the world’s top copper and silver producers, and Carter Mining, one of the top five phosphate producers in the world, with mines in Morocco and Florida. Phosphates are needed to process uranium, while phosphoric acid is key to petrochemical production, which the Four Horsemen also control.

Another vehicle for Four Horsemen hegemony in the energy sector is the joint venture. For decades before Chevron merged with Texaco in 2001, the companies had marketed petroleum products in 58 countries under the Caltex brand. They also operated Amoseas and Topco as joint ventures before merging.

Caltex owns refineries in South Africa, Bahrain and Japan. In the Philippines, Caltex and Shell control 58% of the oil sector. When Philippine strongman Ferdinand Marcos introduced martial law in 1972, Caltex Vice President Frank Zingaro commented, “Martial law has significantly improved the business climate.”

Exxon and Mobil also shared many joint ventures around the world prior to their 1999 merger, including PT Stanvav Indonesia. Royal Dutch/Shell and Exxon Mobil established a North Sea joint venture called Shell Expro in 1964, while in 1972 Shell tied up with Mitsubishi in Brunei to supply oil to Japan.

Shell owns 34% of Petroleum Development Oman in partnership with Exxon Mobil. Saudi ARAMCO, the Iranian Consortium, Iraqi Petroleum Company, Kuwait Oil Company and the ADCO in the United Arab Emirates all represent(ed) Four Horsemen collusion.

In Iran & Iraq these cartels were nationalized. That’s why the Rockefeller/Rothschild Oil Cartel had us invade Iraq and has us now threatening Iran. Our boys die, our debt soars and who gets the first oil contract in Iraq- Royal Dutch/Shell. The 2nd goes to BP and the 3rd to Exxon Mobil. You get the picture.

Energy is paramount to life and vital to our national security.

That’s why President Obama should sign an Executive Order nationalizing the Four Horsemen, while replacing the Department of Energy with a US Energy Company focused on sustainable alternatives.

Letter from President Barack Obama - CEO of USA Energy Inc.

Good evening, I'm writing to tell you that all US troops will return home from Iraq by the end of December. After nearly nine years, the American war in Iraq will end. It's not because we won necessarily but because we were thrown out.  Our servicemen and women will be with their families for the holidays. The war in Iraq came with tremendous cost but also had its benefits for the military industrial complex that we are all familiar with. More than a million Americans served in Iraq, and nearly 4,500 gave their lives in service to the rest of us. Today, as always, we honor these patriots and servants of predatory capitalism. When I came into office, I pledged to bring the war in Iraq to a responsible end. As Commander in Chief, I ended our combat mission last year and pledged to keep our commitment to remove all our troops by the end of 2011. To date, we’ve removed more than 100,000 troops from Iraq. This is a significant moment in our history. For more information, including video, please visit WhiteHouse.gov/BringingTroopsHome.  The end of the war in Iraq reflects a larger trend of American imperialism around the world. The wars of the past decade are drawing to a close and we must move on to the next battlefield or the American economy will collapse.   You see, for many years we have been debasing our currency by printing trillions of dollars and spending it frivolously in order to create a new world order, one in which the wise capitalists that run our shadow government headquartered in the NY & Dallas Federal Reserves, have been able to consolidate their wealth.   We have been able to successfully distract the people from the real issues of global overpopulation and resource depletion with wars justified by acts of violence like 9/11, which we so cleverly disguised as a war with the middle eastern Islamic extremists.  Since they are so different from the rest of the capitalist gluttons, it was easy to place the blame on them while we continued to rape, pillage, and plunder the planet.  We even opened AFRICOM the Imperial military command post in Africa that will help us secure their resources for the next 30-40 years. As we have removed troops from Iraq, we have refocused our fight against al Qaeda and secured major victories in taking out its leadership–including Osama bin Laden which has provided vital protection to our national interests in the area (oil). And we’ve begun a transition in Afghanistan, where there are trillions of dollars of virgin gold, silver, and mineral deposits.  Also, we must protect our vital national interests of the Caspian Sea, which are BP, Shell, and Unocal oil and natural gas. On the first day of my Administration, roughly 180,000 troops were deployed in Iraq and Afghanistan. By the end of this year that number will be cut in half, and we’ll continue to draw it down.   As we welcome home our newest veterans, we’ll enlist their talents in meeting our greatest challenges as a nation—restoring our economic strength at home. Because after a decade of war, the nation that we need to build is our own. Today the United States moves forward, from a position of strength despite the fact that everyone says we lost the war.  Please honor our soldiers for they know not what our true objectives are. Thank you, President Barack Obama

American Evolution

History repeats itself whether we like it or not.  Those who understand that benefit.

Standard Oil was formed in the late 1800's and was broken up in the early 1900's into 7 companies, which proliferate until today.  The 7 sister companies, Shell, BP, Texaco, Amoco, American Oil, etc (check GasHole) formed a cartel.  The stockholders remained the same.  They continued to rule the planet.

remember it was these 7 companies that controlled the entire world oil production.  then OPEC was formed when revolution in the midle east resulted in new leadership and nationalizazation of their local oil production.

the 1970's saw the peak of oil production in the united states along with bad foreign policy, along with the empowerment of the oil producing nations that nationalized their production.

Remember that Mexico kicked out Standard Oil in the 1910's when Lazaro Cardenas nationalized Mexico's oil and created PEMEX.  In the late 1990's, Chavez did the same in Venezuela and he was demonized by the American media and US government.  The were several coup d'etats but he still won with local support.

In all the crises of the late 1970's, Jimmy Carter lost the eletion of 1980 to Reagan, an actor, and George Bush Sr, a former CIA director.

BP: Oil is Infinite #peakoil

Clipped from en.wikipedia.org

Dr. Christoph Rühl, Chief economist of BP, repeatedly uttered strong doubts about the peak oil hypothesis:[155] Physical peak oil, which I have no reason to accept as a valid statement either on theoretical, scientific or ideological grounds, would be insensitive to prices. (...)In fact the whole hypothesis of peak oil – which is that there is a certain amount of oil in the ground, consumed at a certain rate, and then it's finished – does not react to anything.... (Global Warming) is likely to be more of a natural limit than all these peak oil theories combined. (...) Peak oil has been predicted for 150 years. It has never happened, and it will stay this way.

Peak oil

Peak oil is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline. This concept is based on the observed production rates of individual oil wells, and the combined production rate of a field of related oil wells. The aggregate production rate from an oil field over time usually grows exponentially until the rate peaks and then declines—sometimes rapidly—until the field is depleted. This concept is derived from the Hubbert curve, and has been shown to be applicable to the sum of a nation’s domestic production rate, and is similarly applied to the global rate of petroleum production. Peak oil is often confused with oil depletion; peak oil is the point of maximum production while depletion refers to a period of falling reserves and supply. Read more at en.wikipedia.org

 

Renewable Energy is Key to TBTF

The Solar industry could be the key to eliminating too big to fail - that is the industry is a better fit for small and local businesses rather than large mega corporations and banks

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