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Saturday, August 11, 2007

US and French Oil Conglomerates Share the Spoils of War

David R. Baker, San Francisco Chronicle, with an introduction by Michel Chossudovsky, Global Research
What this agreement suggests is that US oil interests are sharing the spoils of war with Europe's largest oil giant, the Franco-Belgian oil conglomerate Total. This rapprochement between Chevron and Total is consistent with the shift in French politics. President Nicolas Sarkozy is broadly representative of the interests of the Franco-Belgian conglomerate. The current situation is in overt contrast to that prevailing prior to the invasion of Iraq, characterised by the conflict in the United Nations Security Council between the US and Britain on the one hand and France (backed by Germany) on the other. The building of a US-French consensus on Iraq (e.g. between Sarkozy and Bush) is largely the result of the willingness of US oil interests to share the spoils with their European counterparts in exchange for their political and military backing of Washington's foreign policy in the Middle East...
continua / continued

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