Here is one interpretation of 1973 oil crisis:
...In 1973, the powerful
men grouped around Bilderberg decided to launch a colossal assault
against industrial growth in the world, in order to tilt the
balance of power back to the advantage of Anglo-American financial
interests. In order to do this, they determined to use their
most prized weapon -- control of the world's oil flows.
Bilderberg policy was to trigger a global oil embargo in order to
force a dramatic increase in world oil prices. Since 1945,
world oil trade had, by international custom, been priced in
dollars. American oil companies dominated the postwar
market. A sharp
sudden increase in the world price of oil, therefore, meant an
equally dramatic increase in world demand for US dollars to pay for
that necessary oil....
...On October 6, 1973,
Egypt and Syria invaded Israel, igniting what became known as the
"Yom Kippur" war. Contrary to popular impression, the "Yom
Kippur" war was not the result of simple miscalculation, a blunder,
or an Arab decision to launch a military strike against the state
of Israel. The entire constellation of events surrounding the
outbreak of the October war was secretly orchestrated from
Washington and London, using the powerful diplomatic secret
channels developed by Nixon's White House National Security
Adviser, Henry Kissinger.
Kissinger effectively
controlled the Israeli policy response through his intimate
relation with Israel's ambassador to Washington, Simcha
Dinitz. In addition, Kissinger cultivated channels to the
Egyptian and Syrian sides. His method was to simply
misrepresent to each party the critical elements of the other,
ensuring the war and its subsequent Arab oil
embargo.
Kissinger, who is by
then Nixon's intelligence "czar", consistently suppressed US
intelligence reports, including intercepted communications from
Arab officials confirming the buildup for war. Washington
scripted the war and its aftermath, including Kissinger's infamous
"shuttle diplomacy," along the precise lines of the Bilderberg
deliberations of the previous May in Saltsjoebaden, some six months
before outbreak of the war. Arab oil-producing nations were to be
the scapegoat for the coming rage of the world, while the
Anglo-American interests responsible stood quietly in the
background...
http://earth.prohosting.com/~jswift/engdahl.html#Kissingers%20Yom%20Kippur
...Corroboration of Engdahl's account was provided a few
years ago by Sheikh Ahmed Zaki Yamani, who was Saudi Arabia's OPEC
minister at the time:
“I am 100 per cent
sure that the Americans were behind the increase in the price of
oil. The oil companies were in in real trouble at that
time, they had borrowed a lot of money and they needed a high oil
price to save them.”
He says he was convinced of this by the attitude of the Shah
of Iran, who in one crucial day in 1974 moved from the Saudi view,
that a hike would be dangerous to Opec because it would alienate
the US, to advocating higher prices.
“King Faisal sent me to the Shah of Iran, who said: ‘Why are
you against the increase in the price of oil? That is what they
want? Ask Henry Kissinger
- he is the one who wants a higher price’.”
Yamani contends that proof of his long-held belief has
recently emerged in the minutes of a secret meeting on a Swedish
island, where UK and US officials determined to orchestrate a 400
per cent increase in the oil price...
http://www.engdahl.oilgeopolitics.net/1973_Oil_Shock/1973_oil_shock.html
Guess as usual you didnt read what i said. But that is normal in
a forum. Many would rather prefer see their own words than to read
someone else's.
Whatever, whoever's fault, the irrefutable facts remains:-
1.Crude jump from $80 to $147 within a few months.
2. Efforts to bring price down to $142 was immediately wasted
when the price shot back up at $147 just last friday.
3.Who benefits from the sale of crude oil?
4. Why should we, the race of human beings sharing the same
planet, be made to pay skyrocket prices for a
NATURAL Earth daily staple resource when there are still
huge deposits still avaliable under the planet?
War with Iran is inevitable!