Showing posts with label petrodollar warfare. Show all posts
Showing posts with label petrodollar warfare. Show all posts

Friday, 8 July 2016

Chilcot's Blind Spot

The long awaited Chilcot report has been declared damning and highly critical of Britain's path to war in Iraq but actually doesn't really say anything we weren't already saying despite it's 2.6 million words.  We know there were no WMDs, we know we were lied to and presented with false evidence already so how about investigating the real reasons we went to war?  This article from Open Democracy UK reveals more in one page than Chilcot has in 7 years of writing.  Chilcot failed to explore the persistent push by Britain and the US to privatise the Iraqi oil industry taking it out of state control and into the hands of BP and Shell.
see article.....


Chilcot's blind spot: Iraq War report buries oil evidence, fails to address motive
When the UK invaded, Iraq had nearly a tenth of the world's oil reserves -- and government documents "explicitly state" oil was a consideration before the war. Why didn't Chilcot explore it further?

British troops carry out an evening patrol targeting smugglers at an oil plant in southern Iraq in 2003. 
 

The long-awaited Chilcot Report was finally released today, examining the UK’s involvement in the Iraq War and occupation. Unfortunately, on the most important question, the report’s conclusions are all but silent: why did the UK go to war?
Chilcot takes at face value the Blair government’s claim that the motive was to address Iraq’s weapons of mass destruction, and limits its criticism to mistakes in the intelligence on WMD, and on insufficient administrative and military planning. He shows a remarkable lack of curiosity about the political factors behind the move to war, especially given the weakness (even at the time) of the WMD case.
Chilcot takes at face value the Blair government’s claim that the motive was to address Iraq’s weapons of mass destruction.
Most important of these is oil. Buried in deep in volume 9 of the 2.6 million-word report, Chilcot refers to government documents that explicitly state the oil objective, and outlining how Britain pursued that objective throughout the occupation. But he does not consider this evidence in his analysis or conclusions. Oil considerations do not even appear in the report’s 150-page summary.
To many people around the world, it was obvious that oil was a central issue, as Iraq itself had nearly a tenth of the world’s oil reserves, and together with its neighbouring countries nearly two thirds. There was a clear public interest in understanding how that affected UK decisions. Chilcot failed to explore it.
Section 10.3 of the report, in volume 9, records that senior government officials met secretly with BP and Shell on at several occasions (denied at the time) to discuss their commercial interests in obtaining contracts. Chilcot did not release the minutes, but we had obtained them under the Freedom of Information Act: they are posted here. In unusually expressive terms for a civil service write-up, one of the meeting’s minutes began, “Iraq is the big oil prospect. BP are desperate to get in there".
Also in that section, Chilcot includes references to several pre-war documents identifying a British objective of using Iraqi oil to boost Britain’s own energy supplies. For example, a February 2002 Cabinet Office paper stated that the UK’s Iraq policy falls “within our objectives of preserving peace and stability in the Gulf and ensuring energy security”. A Foreign Office strategy paper in May 2003, which Chilcot didn’t include, was even more explicit: "The future shape of the Iraqi oil industry will affect oil markets, and the functioning of OPEC, in both of which we have a vital interest".
During the direct occupation of 2003-4, the UK consistently pushed oil policy towards the longer-term issue of privatisation, rather than the immediate rebuilding of the war-damaged infrastructure.
So there was the motive; but how did the UK act on it? That same section 10.3 refers to numerous documents revealing the UK’s evolving actions to shape the structure of the Iraqi oil industry, throughout the occupation until 2009. The government did so in close coordination with BP and Shell. This full story – with its crucial context ­– was told in Fuel on the Fire: Oil and Politics in Occupied Iraq.
As the UK’s strategy evolved with changing circumstances, two priority objectives remain consistently emphasised in the documents: to transfer Iraq’s oil industry from public ownership to the hands of multinational companies, and to make sure BP and Shell get a large piece of that.
During the direct occupation of 2003-4, the UK consistently pushed oil policy towards the longer-term issue of privatisation, rather than the immediate rebuilding of the war-damaged infrastructure. The government installed Terry Adams, a former senior manager of BP, in Baghdad to begin that work.
British officials knew their plans were not what Iraqis wanted. One document in 2004, seen but not released by Chilcot, noted that the oil issue was “politically sensitive, touching on issues of sovereignty”. Without recognising any conflict, it recommended that Britain “push the message on [foreign direct investment] to the Iraqis in private, but it will require careful handling to avoid the impression that we are trying to push the Iraqis down one particular path”.
British officials actively pressed the oil issue on the interim government in 2004-5, the provisional government in 2005-6, and the permanent government of from 2006. Foreign Secretary Jack Straw wrote to Tony Blair in July 2005 setting out the progress on those activities. He wrote that Iraqi oil “remains important for the UK commercially and in terms of energy security. Foreign investment is badly needed and we need to continue to support Iraq to create the right framework for investment, while also supporting UK companies to engage”.
During the December 2005 election, British Ambassador William Patey sought to pressure candidates to accept passage of an oil privatization law as a top priority for the new government. During 2006 and 2007 this law became the key focus of British and US political efforts in Iraq. Forcing passage of this law became a major focus of UK and US political efforts over the subsequent two years, and was closely tied to the “surge” in troops that President Bush announced in January 2007.
Attempts by Britain and the US to force a law through that legalised oil privatisation failed
Deep in volume 9, when Chilcot refers to these British efforts, he presents them under the veneer of normal diplomatic activity, neglecting the reality that the UK and USA still had 150,000 troops the country, and had directly appointed the interim government. The permanent government in 2006 was established through elections the UK and USA had designed, and contested by the politicians they had promoted. Terry Adams was even commissioned to draft the contracts that would be signed with the likes of his former company.
In the end, attempts by Britain and the US to force a law through that legalised oil privatisation failed. The law was not passed, largely because of a popular Iraqi campaign against it. It was then decided to sign long-term contracts even without any legal basis for doing so.  Iraq´s oil industry is largely now run – illegally – by companies like BP, Shell and ExxonMobil.
Chilcot has said he was not asked to judge whether the war was legal.  Yet in his failure to examine the real motive for war, he has side-lined crucial evidence that might tell us about the legality of the war and occupation, and the culpability of senior UK officials, including Tony Blair.

Iraq´s oil industry is largely now run – illegally – by companies like BP, Shell and ExxonMobil.

Friday, 5 February 2016

War with Iran?

Article from PressTV:
http://www.presstv.ir/Detail/2016/02/05/448836/Iran-wants-oil-payments-in-euros-only-

 Why does this mean possible war or invasion of Iran?  Well when Iraq and Libya stopped trading oil in US dollars and switched to Euros or other currencies they were swiftly invaded, overthrown and switched back to payments in dollars.

If you ain't a clue what I'm on about or why it matters, my blog post "Petrodollar Warfare" from a couple of years ago is still relevant and will explain. http://jonnybrand.blogspot.co.uk/2013/05/petrodollar-warfare.html

Saddam Hussein sealed his fate when he announced in September 2000 that Iraq was no longer going to accept dollars for oil and decided to switch to the Euro as Iraq’s oil export currency.
The Iraq war began March 2003; Baghdad fell in April; by June Iraq was now selling oil in dollars again.

.....Good luck Iran!!! 

Tuesday, 27 August 2013

War on Syria then on to Iran

The Syrian government are being framed by the US and NATO with the chemical weapons story to give an excuse for war.  There is no definitive evidence to suggest that Assad's Syrian army have used chemical weapons but even so the news channels loop John Kerry spouting his mouth off about the "moral obscenity" of the "undeniable" use of chemical weapons by the Syrian government.   There is going to be a war, the UN inspectors are conducting a meaningless investigation because it doesn't matter what they conclude, the war will escalate anyway and the US and UK are going in, it's already been decided.  Sound familiar? Iraq? Libya?  
Iran and Syria have a mutual defence agreement which is exactly why the whole Syria situation is happening, it's to draw Iran into a war.  Petrodollar warfare is what it's all about.  In September 2000 Saddam Hussein announced a switch to the euro as Iraq’s oil export currency, the Iraq war began March 2003; Baghdad fell in April; by June Iraq was now selling oil in dollars again.  
New York's NYMEX and London's IPE oil exchanges dominate international trade in oil and primarily exchange in dollars.  The Iranian Oil Borse (IOB) officially opened as an oil commodity exchange in Feb 2008.  During 2007 Iran asked its petroleum customers to pay in non US dollar currencies. By December 2007, Iran reported to have converted all of its oil export payments to non-dollar currencies, primarily the euro and Iranian rial and a basket of other major (non-US) currencies.  Iran is the third largest oil producer in the world so this is a big deal and a big threat to US financial interests due to reduced demand for the dollar.  Previous attempts to get at Iran haven't gained enough momentum such as the claims they are harbouring nuclear weapons and the insanely heavy trade sanctions which they partly avoid by using alternative trade agreements with certain countries.  So plan B is to start war next door to Iran and drag them in.
The UN investigators have found that the Syrian rebels are more likely to have used sarin nerve gas, the same rebels that are backed, funded and armed by the US.  The news channels however will report how our politicians are squarely blaming chemical weapon attacks on Assad's Syrian army.  Tony Blair the middle east peace envoy is now calling for military strikes against Syria, yes that's right I said 'peace' envoy, the same guy who helped bring 'peace' to Iraq when he was PM.  This crossing a red line that we keep hearing about from Obama doesn't really matter, it's just a marker to refer back to when larger scale intervention is being justified.  William Hague has said military response to the use of chemical weapons in Syria is possible without the unanimous consent of the UN Security Council.  Meanwhile Russia warns of catastrophic consequences of military intervention in Syria.
This war was planned some time ago and all roads lead to Tehran..... remember though Russia and China are watching.......

And finally, maybe we should also listen to president Assad's side of the story ,that's only fair, right?

anti war

Tuesday, 23 July 2013

World War 3

At some point over the next week surely you will have 13 minutes to spare, the video here is 13 minutes long and will explain, if you didn't already know, how and why world war 3 has already begun.  My previous rantings on Syria  and the less ranty, better written (in my opinion) post on petrodollar warfare help to summarise in my own words what the relevance of all this war talk is about. But I find the best source for understanding the real story behind the media/government war propaganda at the moment are the postings by Storm Clouds Gathering on youtube.



Also see my previous postings on
maybe North Korea are the good guys
Prince Harry the murderer
one million dead Iraqis
Holiday breaks at Guantanamo Bay
how a corrupt propagandarous US media snuffed out Ron Paul's bid for presidency to give war monger Obama an easy ride
This will now obviously take more than 13 minutes but I feel it's worth immersing yourself in for a short while even if you just scan through long enough to........ are you still reading? hello?  Ah I knew it!  Well the most popular post ever on my blog talks about Gervinho's massive forehead so maybe I should stick to the more popular subject matter of footballers with odd looking heads rather than the sleep inducing prospect of impending doom.  The page with the Gervinho post has 458 hits and if you type 'Gervinho hairline' into google my blog comes up 2nd, beaten only by baldcelebrity.com
Anyway what was I saying about World War 3?
Ahh don't worry it'll be fine.........