Should U.S. Halt Drilling Because Of BP?
The first public hearing by a presidential oil spill panel Monday zeroed in on the relationship between BP and the company it hired to drill the now exploded rig.
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#1 Jul 14, 2010
"The history of the company we now call BP over the last hundred years has really traced the arc of global transnational capitalism. This company began as a kind of a wildcatting operation in Iran back in the first decade of the twentieth century. It was very entrepreneurial and risk-taking, and they had a bunch of geologists running around in these very forbidding steppes and deserts, and finally they struck what was the greatest find up to that time in the history of the oil industry. They were the ones who discovered that Iran was sitting on an ocean of oil. And then they decided they would take it. Under a corrupt deal that they had struck with a few representatives of the old declining Iranian monarchy, all of whom had been paid off by the company, this concession, which later became known as the Anglo-Persian Oil Company, guaranteed itself, or won the right to own, all of Irans oil. So, nobody in Iran had any right to drill for oil or extract oil or sell oil.
Then, soon after that find was made, the British government decided to buy the company. So the Parliament passed a law and bought 51 percent of that company. And all during the 1920s and 1930s and 1940s, the entire standard of living that people in England enjoyed was supported by oil from Iran. All the trucks and jeeps in Britain were being run on Iranian oil. Factories all over Britain were being funded by oil from Iran. The Royal Navy, which projected British power all over the world, was run 100 percent on oil from Iran. So that became a fundamental foundation of British life.
And then, after World War II, when the winds of nationalism and anti-colonialism were blowing throughout the developing world, Iranians developed this idea: weve got to take our oil back. And that was the generalthe kind of national passion that brought to power Mohammad Mosaddegh, who was the most prominent figure in the democratic period of Iran during the late '40s and early 50s. It was Mosaddegh's desire, supported by a unanimous vote of the democratically elected parliament of Iran, to nationalize what was then the Anglo-Iranian Oil Company. They carried out the nationalization.
The British and their partners in the United States fiercely resisted this. And when they were unable to prevent it from happening, they organized the overthrow of Mosaddegh in 1953. So that overthrow not only produced the end of the Mosaddegh government, but the end of democracy in Iran, and that set off all these other following consequences. The Shah ruled for twenty-five years with increasing repression. His rule produced the explosion of the late '70s that produced the Islamic regime. So, it was to protect the interests of the oil company we now know as BP that the CIA and the British Secret Service joined together to overthrow the democratic government in Iran and produce all the consequences we've seen in Iran over the last half-century."
But some folks know who to protect.
#2 Jul 24, 2010
WHAT BRAND OF GAS DU YOU BUY?
#3 Jul 24, 2010
"Should the US halt drilling because of BP"?
#4 Jul 24, 2010
NO don't stop the drilling ! but maybe we should re- examine the environmentalist movement that has the oil companies pushed so far from shore to that which the oil companies are drilling at the depth they are drilling at. mabe if they were drilling closer to shore they wouldn't be going so deep, pipe wouldn't be so long, less danger of breakage, and if by chance a blow out, they would have had more options at hand to gain control and stop the leak, just a thought, i never see anyone bring up
Since: Apr 07
#5 Jul 26, 2010
There are a lot people in Louisiana that already hate president Obama, so they can't see the forest for their hatred. They blame the president for the moratorium, but BP caused the moratorium. The president was actually allowing more offshore drilling before the oil spill. Bobby Jindal is only capitalizing on the south's hatred for Obama for political reasons. BP should pay the people who have lost their jobs because of the moratorium. If they will not pay, then there should be a class action lawsuit to make them pay, until they are able to return back to work; this is not rocket science!
#6 Jul 27, 2010
Stop the US from drilling in the gulf?
Only if there is a way to stop every other country from doing it.... and there isn't.
#7 Jul 27, 2010
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