If the US is ever to escape the cycle of permanent war and gain energy independence, we must 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.
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 we should nationalize the Four Horsemen, while replacing the Department of Energy with a US Energy Company focused on sustainable alternatives.
Dean Henderson is the author of five books: Big Oil & Their Bankers in the Persian Gulf: Four Horsemen, Eight Families & Their Global Intelligence, Narcotics & Terror Network, The Grateful Unrich: Revolution in 50 Countries,Das Kartell der Federal Reserve, Stickin’ it to the Matrix & The Federal Reserve Cartel. You can subscribe free to his weekly Left Hook column @www.hendersonlefthook.wordpress.com