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War on Iraq: criticism and history of the crisis.

An informed person is harder to control. What is the crisis?
Iraq has always been a key player in the Middle East oil market, and was the original source of Middle Eastern oil. A 1947 planning document entitled “United States Petroleum Policy” states: the US should seek the “removal or modification of existent barriers to the expansion of American foreign oil operations” and to “…promote…the entry of additional American firms into all phases of foreign oil operations.” Until the mid-1950s the main “barrier” in Iraq was Britain, for whom oil was a prime reward of its colonization of much of the region. In fact, when Standard Oil of California secured the first Western oil concession in Saudi Arabia in 1932, a much bigger and more powerful consortium was on the scene to try to block the deal - the Iraq Petroleum Company (IPC). The British-dominated IPC did not believe that oil would be found in Saudi Arabia (the general consensus of opinion at the time), and the...

Posted by: Amy Hetzel

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