Stealing The Oil & Making It Worthless

(Excerpted from Chapter 12: The Gulf Oil War: Big Oil & Their Bankers…)

While Saddam was preoccupied with the Iranians, the Kuwaiti government busied itself slowly moving its long-disputed border with Iraq northward into the area containing the massive Rumaila oilfield, which the Four Horsemen now knew to be one of the richest in the world.

There the Kuwaitis established military installations, farms and oil facilities.  The expansion added 900 square miles to Kuwait and gave them control over the southern portion of Rumaila, which contains the largest portion of its estimated 30 billion barrels of oil.  Iraq’s oil terminal at Fao was destroyed during the Iran/Iraq War, crippling INOC production at North Rumaila.  Iraq wanted to lease the islands of Warbah and Bubiyan from Kuwait to serve as deep sea ports that could replace Fao.  The Kuwaitis refused.

In 1981 the Kuwait Oil Company (KOC) bought Sante Fe Drilling Corporation and its high-tech engineering subsidiary Braun.  Sante Fe was a known CIA front. Braun had devised a new slant drilling technique.  Throughout the 1980’s KOC used this technology to drill horizontally into the Rumaila oilfield, 90% of which fell within Iraqi territory. [494]  The Iraqis said Kuwait stole $10 billion worth of crude oil.

After the Gulf War, Sante Fe continued to steal Iraqi oil. In April 1993 Kenneth Beaty, head of exploration for Sante Fe, was arrested by the Iraqi government when he was found inside Iraq checking an oil well at Rumaila.  He was sentenced to eight years at Abu Ghraib prison on trespassing charges. [495]  Estimates of Iraqi crude reserves continue to climb.  The current estimate is 112 billion barrels, second only to Saudi Arabia and up from 97 billion barrels just a decade ago.  And much of Iraq remains unexplored.  David Mangan Jr., editor of The Oil Daily, later said of the Gulf War, “It is most likely that the US plan from the beginning was to capture Southern Iraq because that land holds the richest oil fields on earth.”

Rumaila lies at the heart of what was Mesopotamia, between the Tigres and Euphrates Rivers that drain into the Persian Gulf.  The world’s most ancient writings are etched on Sumerian clay tablets buried beneath the muck at the estuaries of these great rivers.  During biblical times the area was known as Chaldea.  It was here, Anunnaki researchers say, where the Nubirian intruders chose to land, due to its plentiful supply of fossil fuels.

According to foremost Anunnaki researcher Zecharia Sitchin, the Anunnaki constructed the Great Pyramids in Egypt as space beacons.  NASA scientist Maurice Chatelain agrees, stating, “The Great Pyramid at Cheops was also a space beacon.  From high above, the pyramid is visible at a very great distance…the polished stone surface is a radar reflector.”  The Anunnaki landing facilities may have been in the Sinai Peninsula.  Sinai means “shining” and, derived from name of the Babylonian god “Sin”.  Sin was also the Semetic name for Nannar, the firstborn son of Anunnaki leader Enlil, who was the sovereign of Ur, the home city of Ancient Mystery purveyor and possible Anunnaki hybrid Abraham.  Sin was also the Chaldean name for the moon where, according to Sumerian tablets, the Anunnaki obtained the needed DNA for their human hybrid experiments.  This adds a whole new meaning to the Old Testament mantra that man was born in sin. [496]

Researchers claim the Egyptian King Ra was actually Marduk, son of Anunnaki commander Enki.  Ra fathered Shu and Tefnut, who married each other and gave birth to Geg and Nut.  They too married and spawned the Egyptian god-kings Isis and Osirus, along with the biblical Seth and Nephtys.  The Anunnaki flight control center was at Mount Moriah, which translates “mount of directing”. [497]  It was on this exact sight that King Solomon built his Temple, under which the Knights Templar excavated during the Crusades, making off with boatloads of gold, the Ark of the Covenant (possibly an Anunnaki radio transmitting device) and other sacred relics now guarded by the Priory of Sion.

This southern portion of Iraq may contain valuable clues as to the origins of mankind, knowledge closely guarded by the Illuminati banker-led secret societies.  The perpetual state of war with Iraq has put the area off limits to researchers, just as the number of people interested in the Anunnaki theories gains critical mass.

In June 1990 Iraq’s Ambassador to the US Mohammed al-Moshat appeared on CNN revealing US/Kuwaiti collaboration in destabilizing Iraq’s economy.  Al-Moshat stated, “I have documents written by the CIA, detailing an economic destabilization program against Iraq involving Kuwaiti State Security.  On November 14, 1989 CIA Director William Webster invited KSS officials to Washington to plan this destabilization effort.” [498]

Al-Moshat read verbatim from the CIA document, which stated, “It is important to take advantage of the deteriorating economic situation in Iraq in order to put pressure on Iraq to delineate border situation.  Broad cooperation should be initiated between us.  The CIA will also train 128 elite Kuwaiti forces to protect the al-Sabah family.  And we will help automate functions of the State Security Department and facilitate the exchange of information with Syria and Iran.” [499]  Al-Moshat went on to say that Kuwait’s oil wealth was being deployed to bankroll mujahadeen rebel heroin trafficking in the Golden Crescent region.  Just months before Moshat made this claim, a nephew of Kuwaiti emir Sheik Jaber Ahmed al-Sabah was arrested in France for possession of heroin.

Part of the CIA/al-Sabah destabilization effort against Iraq involved driving world oil prices lower.  At a May 1990 Arab Summit in Baghdad, Saddam Hussein said that for every $1 drop in the price of a barrel of oil Iraq was losing $1 billion/year.  He called Kuwaiti overproduction of crude an “act of war”.  Two months later he lodged a formal complaint with the Arab League calling Kuwait and UAE “imperialist agents” in the Gulf.  King Hussein of Jordan concurred.  In July 1990 OPEC held a meeting of oil ministers in Vienna where it was agreed that each member nation would lower production to avert further declines in an already weak oil market.

A day after the meeting Kuwait announced that it had changed its mind and would increase production.  KOC flooded an already oversupplied market with $13.25/barrel Kuwaiti Export crude.  The UAE followed suit.  Within three months Iraqi crude went from $28/barrel to $11, resulting in a loss of $14 billion in oil revenues.  Iraq’s economy is oil-dependent. In 1988 oil provided 99.1% of Iraq’s hard currency. [500] Reeling under mountains of Iranian War debt, Iraq was now starved of the desperately needed foreign exchange required to service this debt and rebuild its shattered economy.

Iraqi Foreign Minister Tariq Aziz penned a letter to the Secretary General of the League of Arab States complaining that Kuwait had, “implemented a plot to escalate the pace of the gradual, systematic advance toward Iraqi territory.  The Kuwaiti government set up military installations, police posts, oil installations and farms on Iraqi territory”.  But Aziz knew that a more powerful force stood squarely behind Kuwait’s audacious moves, stating, “We are sure that some Arab states are involved in a conspiracy against us.  And we want you to know that our country will not kneel and our women will not become prostitutes and our children will not be barred from food.  It is inconceivable that a regime such as that in Kuwait could risk engaging in a conspiracy of such a magnitude against a large, strong country such as Iraq if it were not being supported by a great power, and that power is the United States of America”.

While Iraq’s greatest oilfield was being partitioned by the Four Horsemen and their Kuwaiti surrogates, the al-Sabah fiefdom was driving the price of oil into the ground, while demanding full repayment of the Iraq “grants”.  In July 1990, as American warships conducted exercises in the Persian Gulf, Iraqi President Hussein met in Baghdad with US Ambassador to Iraq April Glaspie.  Saddam registered his anger towards Kuwait’s economic warfare against Iraq.  He told Glaspie he was considering taking military action against Kuwait to drive them out of the Rumaila oilfield.

Glaspie said nothing to discourage Saddam, instead telling him, “We have no position regarding Arab/Arab conflicts”.  On July 31 Assistant Secretary of State John Kelly gave his implicit blessing to Saddam’s plans saying, “We have no defense treaty relationship with any Gulf country.  That is clear…we have historically avoided taking a position on border disputes”.

Glaspie and Kelly were both lying and giving Saddam the green light to attack Kuwait.  A few days later Iraqi Revolutionary Guards routed the Kuwaiti’s from Rumaila.  Both a letter penned by President Bush to Saddam on July 28 and State Department instructions to Glaspie were withheld from a Senate committee investigating Glaspie’s and Kelly’s odd responses to Iraqi threats.  State Department spokesman Richard Boucher said the documents were withheld to “permit Presidents and foreign leaders to talk freely”.

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


2 responses to “Stealing The Oil & Making It Worthless

  1. Fraser buchanan

    Hiya great mind. Knowledge can be very distressing . when we awake to ill health stress depression diabetes and psychological warfare raged against one’s self by family. In seeing it as so. I wish you good strong mental health to continue outing truth. Keep well.fraser fra Scotland.

  2. Looks like Kuwaitis have been taking lessons from Israelis

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