Forever Under Construction

A Century Of War

Posted in Economics, Energy, Geopolitics, Middle East, Oil, Politics, USA by homeyra on December 31, 2006

Control energy and you control the nations. Kissinger

What is most important to the history of the world? The Talliban or the collapse of the Soviet empire? Some stirred-up Muslims or the liberation of Central Europe and the end of the cold-war? – 1998 Brzezenski

Frederick William Engdahl has written on issues of energy, politics and economics for more than 30 years, beginning with the first oil shock in the early 1970s.

After a degree in politics from Princeton and graduate study in comparative economics at the University of Stockholm, he worked as an economist and free-lance journalist. He currently lives in Germany and in addition to writing regularly on issues of economics, energy and international affairs, is active as a consulting geopolitical risk economist.

Engdahl is the author of the best-selling book on oil and geopolitics: A Century of War: Anglo-American Oil Politics and the New World Order.

century_of_war03.jpg

The University of Michigan Press: This book is a gripping account of the murky world of the international oil industry and its role in world politics.

From George W. Bush’s election victory to the wars in Iraq and Afghanistan, US politics and oil enjoy a controversially close relationship. The US economy relies upon the cheap and unlimited supply of this single fuel.

William Engdahl takes the reader through a history of the oil industry’s grip on the world economy… Moving from the post-World War I period up to the present day, he shows how oil is and has always been the motivating factor in international policy and conflicts.

Shedding light on the 1970s oil shocks and the grand strategy of Washington after the end of the Cold War, Engdahl presents a convincing case that geopolitics and oil were behind the collapse of the Soviet Union, the breakup of Yugoslavia, the rise and fall of the Taliban. He reveals evidence to show that the US and UK decision to go to war in Iraq was not simply an issue of corporate greed. It was a strategic move to control the world economy for the following half century or more. 

Frederick William Engdahl’s website

A must read: A New American Century? Iraq and the hidden euro-dollar wars 12-2006

See also: Calculating the risk of war with Iran 01- 2006

Behind Bush II’s War of Tyranny 02-2006

China lays down gauntlet in energy war 12-2005

Iraq and the problem of peak oil, 08-2004

Online book: How the world really works

7 Responses

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  1. homeyra said, on January 1, 2007 at 5:14 pm

    For Sheta🙂
    At the end of December, Sven Arild Andersen, director of the Oslo bourse, announced he was fed up with depending on the London oil bourse trading oil in dollars. Norway, a major oil producer, selling most of its oil into euro countries in the EU, he said, should set up its own oil bourse and trade its oil in euros. Will Norway – a member of the North Atlantic Treaty Organization – become the next target for the wrath of the Pentagon?
    Excerpt or “Energy Bulletin 12 Mar 2006. Why Iran’s Oil Bourse can’t break the Buck

  2. peoplesgeography said, on January 1, 2007 at 5:30 pm

    Very interesting. I’ve read mostly two views on the impact of a Euro-based Iranian oil bourse (not that I’ve read much and it was awhile ago, will have to read more and come back): The dominant view says that it does have the potential to threaten the stability of a system of world trade still mostly denominated in US dollars (but increasingly in the more stable Euro and other currencies) and another view that says its all nonsense. I’d welcome your or any of your reader’s views as they are probably more informed.

    Oh, and although we’ve already exchanged Happy New Years, for the blog record: Happy New Year, Homie! 🙂

  3. homeyra said, on January 1, 2007 at 5:35 pm

    Dear PPGG Happy New Year 🙂
    Almost every Iranian thinks that this energy policy, strategy… whatever, is the heart of the faith of Middle East. Now there is the very important China factor. To be honest, I don’t understand half of the dollar/gold/euro stuff, never been good in economics. Just trying to understand.
    Your views are most welcomed.

  4. proggiemuslima said, on January 1, 2007 at 10:54 pm

    Interesting and depressing stuff.

    Humans are an expendable resource; oil and money are the primary values.

    Now I understand. 😦

  5. homeyra said, on January 2, 2007 at 3:59 pm

    This is also a way of seeing it Muslimah 🙂
    Engdahl puts Iran’s position in all that into perspective:
    Russia and China both want to seal closer cooperation with Iran in Eurasian energy development. Washington is obviously uneasy with that development. …
    Washington has accused China of ‘not playing by the rules,’ and declaring that China is ‘seeking to control energy at the source,’ conveniently ignoring the fact that that had been US energy policy for the past century. …
    Putin announced that Russia is planning …to use the Ruble in its oil and gas transactions…At the June 15, 2006 SCO meeting, China and Russia initiated discussion that Iran become a full SCO (Shanghai Cooperation Organization) member…
    With Iran, the SCO would control the vast majority of the world’s natural gas reserves, as well as a significant portion of its oil reserves, not to mention potential control of the Strait of Hormuz, the narrow corridor for a majority of Gulf oil tanker shipment to Japan and the West…
    Suddenly the world of potential ‘enemies’ is no longer restricted to the Islam-centered War on Terror. … If, instead, China and Russia are going to be sturdy pillars of autocracy over the coming decades…… al-Qaeda may not be the only challenge liberalism faces today, or even the greatest.’ etc…

  6. Curtis said, on January 4, 2007 at 7:06 am

    Thanks for some very good recommendations. As the dollar continues to destabilize and as the industrial base of the United States is increasingly outsourced to East Asia and South America, the barrel of crude will, I speculate, assume an ever-more critical role as a de facto unit of currency. That is the reason behind much, though certainly not all, of the strong-arming going on.

  7. homeyra said, on January 4, 2007 at 3:53 pm

    According to Engdahl, Russians consider to use Ruble for oil and gas transactions.I was already confused between the existing currencies!


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