Tag Archives: EXXON MOBIL

Putting The Eggs In One Basket

1993-4-gafield-ar-chicks-getting-big-garden-going(Excerpted from Chapter 7: The Four Horsemen: Big Oil & Their Bankers…)

The latest wave of mergers in the oil industry began in the early 1960’s.  Eight of the top twenty-five oil companies in 1960 had merged by 1970. Exxon bought Monterey Oil and Honolulu Oil.  Chevron scooped up Standard Oil of KY.  Atlantic Oil merged with Richfield Refining to form ARCO, then gobbled up Sinclair.  Marathon Oil bought Plymouth Refining. Continue reading

The Octopus Requires Energy

2012-7-2-sky-shots-4(Excerpted from Chapter 7: The Four Horsemen: Big Oil & Their Bankers…)

There is a direct correlation between downstream investment and concentration of economic power in the oil patch.  The two most vertically integrated companies are RD/Shell and Exxon Mobil.  These behemoths have also led the charge towards horizontal integration within the energy industry, investing heavily in natural gas, coal and uranium resources. Continue reading

Big Fish Swimming Downstream

2014-8-29-columbia_jefferson-city-18(Excerpted from Chapter 7: The Four Horsemen: Big Oil & Their Bankers…)

John D. Rockefeller himself did not control crude reserves.  Instead he invested heavily in refining and cut deals with the Morgan-controlled railroads to cut his shipping costs.  Texas wildcatters had to pay much more to ship their oil. They possessed neither the esoteric knowledge of refining crude, nor the capital to build expensive refineries.  All their money was tied up in drilling rigs, which were not cheap either.  By 1895 Standard Oil controlled 95% of both shipping and refining of US oil. [274] Continue reading

Four Horsemen At Play

2011-7-18-hill-city-sd-2(Excerpted from Chapter 7: The Four Horsemen: Big Oil & Their Bankers…)

The first known attempt by the oil trust to stifle competition came in 1928 when Sir John Cadman of BP, Sir Henry Deterding of RD/Shell, Walter Teagle of Exxon and William Mellon of Gulf met at Cadman’s castle near Achnacarry, Scotland. Continue reading

The Illumination Merchants

A pair of scary, but benevolent, mythical Naga gaurd the steps of a colorful Buddhist Wat.  Chiang Rai, Thailand

(Excerpted from Chapter 7: The Four Horsemen: Big Oil & Their Bankers…)

The primary beneficiaries of the formation of the GCC were the same oil giants and bankers who thrived under Nixon’s Twin Pillars fiasco.  In 1975 Anthony Sampson penned The Seven Sisters…, bestowing a collective name on the shadowy oil cartel, which throughout its history has sought to eliminate competitors and control the world’s oil resource.  After a tidal wave of mergers at the turn of the millennium, Sampson’s Seven Sisters were Four Horsemen: Exxon Mobil, Chevron Texaco, BP Amoco and Royal Dutch/Shell. Continue reading

Press TV Interview: Lakota Warriors Protest Pipeline

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

Camp Saudi

around-the-world-trip-2009-167

Kori Bustards are the world’s heaviest flying birds, but spend most of their time walking in search of a meal. We felt lucky to have spotted this one in the tall grass.

(Excerpted from Chapter 3: The House of Saud & JP Morgan: Big Oil & Their Bankers…)

In 1972, with the Vietnam War winding down, President Nixon unveiled his Guam Doctrine. Continue reading