By F. William Engdahl

This e-book is a gripping account of the murky global of the overseas oil and its position in global politics. Scandals approximately oil are wide-spread to so much people. From George W. Bush's election victory to the wars in Iraq and Afghanistan, US politics and oil take pleasure in a controversially shut courting. the U.S. economic climate depends the inexpensive and limitless provide of this unmarried gasoline. William Engdahl takes the reader via a heritage of the oil industry's grip at the international economic climate. His revelations are startling.

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Instead of gold, British citizens were given Bank of England notes as legal tender for the duration of the emergency. By August 4, the British financial establishment was ready for war. But, as we shall soon see, the secret weapon was to emerge later: the special relationship of His Majesty’s Treasury with the New York banking syndicate of Morgan. OIL IN THE GREAT WAR Between 1914 when fighting began and 1918 when it ended, petroleum had emerged as the recognized key to success of a revolution in military strategy.

For the first time, the railway gave Constantinople and the Ottoman Empire a vital modern economic linkage with its entire Asiatic interior. The rail link, once extended to Baghdad and a short distance further to Kuwait, would provide the cheapest and fastest link between Europe and the entire Indian subcontinent, a world rail link of the first order. From the British side, this was exactly the point. D. Laffan, at that time a senior British military adviser attached to the Serbian Army. ‘Russia would be cut off by this barrier from her western friends, Great Britain and France,’ Laffan added.

It would have transformed the entirety of Saharan Africa from west to east. It would also have blocked major British strategic objectives to control the entire region from Africa, across Egypt and into India. Hanotaux had carefully pursued a policy of normalizing relations between France and Germany, a most threatening development to British balance-of-power machinations. ’ But then the infamous Dreyfus affair erupted in the French press. Its direct aim was to rupture the delicate efforts of Hanotaux to stabilize relations with Germany.

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A Century of War: Anglo-American Oil Politics and the New World Order by F. William Engdahl

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