The 1973 Oil Embargo & How Americans Got Suckered By U.S. Oil Companies Into Paying A Fortune For Cheap Oil -- The Department Of Energy Fraud

Since the 1973 oil embargo and the creation of the oil cartel known as the United Arab Emirates, the American people have been led to believe that oil prices have risen dramatically as a result of the scarcity of oil reserves, when in reality, we have had always tremendous access to an abundance of oil within the United States alone -- Alaska being a prime locale for enabling Americans to become independent of their reliance on foreign oil.

So why haven't we continued to drill for oil in Alaska?

And even more to the point, why has there been a moratorium on such exploration for so many decades? The propaganda released by the U.S. Federal Government has always focused on the ecological aspects of such drilling in Alaska, which has served well as an excuse for keeping the price of oil ridiculously high.

However, the reality is that such drilling would have allowed for tremendous oil reserves which would have both enabled the United States to become independent of OPEC for its oil needs, and also driven the price of a barrel of oil down, enabling Americans to have access to much cheaper fuel.

Of course, this is not something that the gluttons who operate these companies want, since their interests lay not in the areas of benefiting Americans, but instead, in finding a myriad of different ways in which to manipulate them.

The U.S. oil companies don't want such independence since they are not only in cahoots with International "Big Oil" but are in fact part of this gigantic Illuminati run cartel and its conspiracy in which to rob us every time we fill up the gas tanks in our automobiles or make a heating oil purchase.

The truth of the matter is that Americans are being robbed blind by our very own oil industry, which uses the excuse of expensive foreign oil to cointinue (sic) to perpetuate this outright fraud.

Remember that we are talking about the Illuminati and their control over us. And of course, who controls the global oil industry which has affected the cost of every gallon of gas that you've ever pumped into your automobile's fuel tank? And who maintains access to this oil before it has even reached the refinement stage, by controlling the very oil lines from which it's pumped through?

The Illuminati.

But which companies control these oil pipelines? You will notice that most of them are American companies.

Exxon (formerly Standard Oil Of New Jersey)
Mobil (formerly Standard Oil Of New York)
Chevron (formerly Standard Oil Of California)
Gulf Oil (controlled by the Melon family)
Texaco
Shell (Royal Dutch Petroleum)
British Petroleum (Anglo-Iranian)


Mega-Mergers in the Oil Industry

"There have been many changes in the oil industry since the inception of the Seven Sisters.In 1984, Chevron (Standard Oil of California) bought and merged with Gulf Oil; and then in 2001, merged with Texaco (who in 1984 had bought Getty Oil), to become ChevronTexaco, the 2nd largest oil company in the country, and 5th largest in the world.

In 2002, Shell Oil acquired a couple of Texaco's interests.In 1987 British Petroleum purchased the remaining 45% of Standard Oil of Ohio (Sohio) that they didn't already own, then in 1998, merged with Amoco (Standard Oil of Indiana), and in 2000 merged with Atlantic Richfield (ARCO).In 1998, Exxon (Esso, Standard Oil of New Jersey) merged with Mobil (Socony, Standard Oil of New York) to become ExxonMobil, the biggest oil company in the country, and third largest company in the U.S.

In 2001, Conoco (Continental Oil and Phillips Petroleum (Phillips 66) merged, to make ConocoPhillips, the 3rd largest oil company in the U.S., the 12th largest company, and the 6th largest oil company in the world.The Seven Sisters are now the Four Sisters, so what you have now is an expanded amount of power and influence that is concentrated in less hands, as oil companies have sought to consolidate their interests because of economic concerns. It's uncanny in that it has happened in less than 20 years. It's almost as if the old Standard Oil Company was coming back together."

The following chapter of author David Rivera's book on the Illuminati and its adverse affects on the global populous, concerns the artificially created energy crisis in the United States. In fact, President Jimmy Carter's creation of the Department Of Energy, under the Carter Administration, "was established to perpetuate the propaganda of the existence of an energy crisis."

Nearly A Decade Earlier:

"During the Embargo, Main's Governor, Democrat Kenneth M. Curtis, accused the Nixon Administration of 'creating a managed oil shortage to force support of its energy programs.' A 1973 study by Philadelphia Inquirer reporters Donald Bartlett and James B. Steele revealed that while American oil companies were telling the U.S. to curtail oil consumption, through a massive advertising campaign, the five largest oil companies (Exxon, Mobil, Texaco, Gulf and Standard Oil of California) were selling close to two barrels overseas for every barrel (42 gallons) of oil sold here. They accused the oil companies and the Federal government of creating the crisis."

Final Warning: A History of the New World Order
Illuminism and the master plan for world domination
-- by David Rivera, 1994 source: View From the Wall

Chapter 8.4: The Seven Sisters
OPEC, the Seven Sisters, and control of the petroleum industry
OPEC and the "Seven Sisters"
The Yom Kippur War and the Arab Oil Embargo of 1973
The "Energy Crisis"
Mega-Mergers in the Oil Industry
OPEC and the "Seven Sisters"

The Organization of Petroleum Exporting Countries (OPEC) includes: Iran, Iraq, Venezuela, Kuwait, Saudi Arabia, Algeria, Indonesia, Libya, Nigeria, Qatar, and the United Arab Emirates. The group was created on September 14, 1960, for the purpose of setting oil prices by controlling oil production. They were originally thought to be primarily Arabian in ownership, however, it is actually an international group which includes Americans [and Europeans].

The cartel was established from an agreement signed on September 17, 1920, by Royal Dutch Shell, Anglo-Iranian, and Standard Oil, for the purpose of fixing oil prices. By 1949, the cartel was made up of Anglo-Iranian, Socony-Vacuum, Royal Dutch Shell, Gulf, Esso, Texaco, and Calso. In the early 1950's, revelations surfaced that the oil companies would pump the oil from the Middle East, then split the profits with the government of the country where the oil was produced. OPEC was formed to make people believe that the Arabian oil reserves were not owned by these non-Arabian oil companies.

These non-Arabian oil companies were informally called "The Seven Sisters". They control what is shipped to the United States and how much is refined into gas and heating oil. Originally [the group included:]

Exxon (was Standard Oil of New Jersey, then Esso)
Mobil (was Standard Oil of New York, which merged with Vacuum Oil)
Chevron (was Standard Oil of California)
Texaco
Gulf Oil (controlled by the Mellons)
Shell (Royal Dutch Petroleum)
British Petroleum (Anglo-Iranian)
They controlled 90% of crude exports to world markets by controlling every important pipeline in the world, such as the 753-mile TransArabian Pipeline from Qaisuma in Saudi Arabia to the Mediterranean Sea, which was owned by Exxon, Chevron, Texaco, and Mobil. Exxon owned the 100-mile Interprovincial Pipeline in Canada and also the 143-mile pipeline in Venezuela. The 799-mile Alaskan Pipeline was owned by British Petroleum and Exxon. By controlling these and other vital arteries they can restrict the flow of oil, limiting supplies to refineries.

These companies also had joint ownership of major crude oil production companies [throughout the middle east]:

Aramco Saudi Arabia
Exxon: 30%
Mobil: 10%
Chevron: 30%
Texaco: 30%
Kuwait Oil Co.

British Petroleum: 50%
Gulf: 50%
Iraq Petroleum

British Petroleum: 23.75%
Shell: 23.75%
Compagnie Francaise des Petroles: 23.75%
Exxon: 11.875%
Mobil: 11.875%
other: 5%
Iran Consortium

British Petroleum: 40%
Shell: 14%
Gulf: 7%
Exxon: 7%
Mobil: 7%
Chevron: 7%
Texaco: 7%
Compagnie Francaise des Petroles: 6%
other: 5%
Abu Dhabi Petroleum Co.

British Petroleum: 23.75%
Shell: 23.75%
Compagnie Francaise des Petroles: 23.75%
Exxon: 11.875%
Mobil: 11.875%
other: 5%
Abu Dhabi Marine Areas

British Petroleum: 66%
Compagnie Francaise de Petroles: 33%
Bahrain Petroleum Co.

Chevron: 50%
Texaco: 50%
The Seven Sisters were also interlocked with eight of the largest banks in the country, and with each other: Exxon had ties to Bank of America, Chevron, and Texaco; and Mobil had ties to Exxon, Shell, and Texaco. When six of the nation's major commercial banks held their Executive Board meetings, the directors of the top eight oil companies, with the exception of Gulf and Chevron, met with them.

When the Bank of America had a Board meeting, the directors of Chevron and Getty Oil met with them. Chevron also had ties with Western Bancorp. Shell and Mobil directors were present at the Board meetings of First National City Bank. Mobil also had ties with Bankers Trust, and Chemical Bank. Exxon was tied in with the Chase Manhattan Bank (a holding company for hundreds of smaller oil companies, including Humble Oil and Creole Petroleum), Morgan Guaranty, and Chemical Bank. Amoco (Standard Oil of Indiana) was tied in with Chase Manhattan, Continental Illinois, and National Bank and Trust.

Some of the oil executives who were members of the Council on Foreign Relations:

Lawrence G. Rawl (Chairman of Exxon)
Lee R. Raymond (President of Exxon, and Trilateral Commission member)
Jack G. Clark, Sr. (Vice President of Exxon)
Alfred C. Decrane, Jr. (Chairman of Texaco)
John Brademas (a Director of Texaco, and Trilateral Commission member)
William J. Crowe, Jr. (a Director of Texaco, and Trilateral Commission member)
Allan E. Murray (Chairman & President of Mobil, and Trilateral Commission member)
Lewis M. Branscomb (a Director of Mobil)
Helene L. Kaplan (a Director of Mobil)
During World War II, the Germans used coal to make pollution-free synthetic fuel. The Seven Sisters also controlled 70% of the U.S. coal supply, and their philosophy was "to mine it now, it's coal; to mine it later, it will be like gold."


The Yom Kippur War and the Arab Oil Embargo of 1973
These seven companies announced their alliance with the statement: "We have formed a very exclusive club ... And we are now united. We are making history." Remember, in 1914, Congress referred to [the Rockefeller controlled] Standard Oil as "the invisible government." The oil companies are powerful, and their power was never more apparent than it was during the manufactured "oil crisis" of 1973.

On October 6, 1973, as synagogues in Israel observed Yom Kippur, the Jewish Day of Atonement, Syrian MiG-21's attacked a group of Israeli jets. Egypt, Syria, Jordan, and eight other Arab nations had mobilized against Israel. Egypt attacked the Sinai Peninsula with 4,000 tanks, knocking out many Israeli tanks; while Syria attacked the Golan Heights with 1,200. New Soviet-made SAM-6 missiles plucked Israeli planes out of the sky with ease.

However, within a few days, the tide was turned. Israel regained control of the Heights, and took a large part of Syria. On October 12, they were only 18 miles from Damascus. With 12,000 soldiers, and 200 tanks, they swept across the Suez Canal in two directions to surround the Egyptian Third Army, which had been caught on the east side, and came within 12 miles of Cairo.

Since the first day of the war, Russia had been airlifting supplies to the Arabs, so to counter that move, the United States said they intended to supply Israel "with whatever it needs." Once Israel began smashing their way to victory, Russia sent a Naval force of 71 ships, including 16 submarines, to the Mediterranean, and put their seven airborne divisions on full alert.

On October 12th, the Chairmen of Exxon, Texaco, Mobil, and Chevron (who made up the production company of Aramco in Saudi Arabia), sent Chief of Staff Gen. Alexander Haig (who later became Reagan's Secretary of State) a memo warning against any increased aid to Israel, by saying it would "have a critical and adverse effect on our relations with the moderate Arab [oil] producing countries."

On October 17th, Omar Saqqaf, the Foreign Minister of Saudi Arabia, gave President Nixon a letter from King Faisal, which said that if the U.S. did not discontinue their shipment of military supplies to Israel within two days, there would be an embargo. Nixon stated that he was committed to supporting Israel. The U.S. Sixth Fleet of 49 ships, including 2 aircraft carriers, was sent to the Mediterranean, where they maintained a state of combat readiness.

OPEC met and decided to raise the price of oil to $5.12 a barrel, which was 70% higher than they had agreed to before the Arab-Israeli War. The next day, the Arab countries met, and decided to cut oil production by 5%, however, the Saudis later decided to cut back production by more than 20%, and by October 20th, had embargoed all oil shipments to the U.S. and countries that were partial to Israel.

As the Israeli counterattack continued, Egypt and Syria were in serious trouble and Russia urged the U.N. to call a ceasefire. Jim Akins, the ambassador to Saudi Arabia sent a message to Aramco that the oil embargo would not be lifted "unless the political struggle is settled in a manner satisfactory to the Arabs." Two days later, the Saudis requested from the Aramco directors information concerning the amount of oil used by the U.S. military, which they supplied. The Saudis then instructed them to stop all supplies to the military. In December, OPEC announced a price of $11.65 a barrel, and the result was economic chaos in the United States and Western Europe.

Though Aramco claimed that they had no choice in what they did, and that they weren't acting as agents of a foreign government against the United States, the cry went out that the oil industry was putting "profits before patriotism." Before the embargo, America was importing 1.2 million barrels oil a day; and by February, only 18,000 barrels, which was a drop of 98%. The rush was on to reallocate other sources of oil (Venezuela and Iran had not joined the boycott), and to distribute it throughout the world. The global emphasis of the American oil companies were revealed, when they refused to favor the U.S. at the expense of the other countries, causing us to lose a higher percentage of the available oil supply.

In Egypt, Sadat's terms for a ceasefire were that Israel had to withdraw from all territories that it had won during the 1967 war [which had been started by Egypt --ed]; thus pressure from the United States and the Soviets forced Israel to turn their victory into a negotiated compromise.

To add insult to injury, when the winter was at its worst during the shortage, the announcement that oil companies were experiencing record profits left a very sour taste in the mouths of Americans. Exxon announced that their third quarter profits were up 80% over the previous year, while Gulf was up 91%. Exxon ended up the year with a profit that was an all-time record for any company, in any industry.

By March, 1974, the embargo was lifted from the U.S., and the oil companies scrambled to salvage their shattered reputations. However, the incident would never be forgotten, because it shocked the American people back to the reality of just how much control a foreign government, and multinational corporations could exert over our nation. The price of oil never went down to their pre-embargo levels, and the threat of another shortage would always remain as the Arabs realized that they could achieve political leverage by using oil to blackmail the world.


The "Energy Crisis"
[Editor's note: This section was originally in chapter 9.]
Certain questions raised during the 1973 Oil Embargo, seem to point to the fact that the crisis was created by the Illuminati, as a test, to see what it would be like without gasoline for automobiles, and fuel for heating homes.

During the Embargo, Maine's Governor, Democrat Kenneth M. Curtis, accused the Nixon Administration of "creating a managed oil shortage to force support of its energy programs." A 1973 study by Philadelphia Inquirer reporters Donald Bartlett and James B. Steele revealed that while American oil companies were telling the U.S. to curtail oil consumption, through a massive advertising campaign, the five largest oil companies ( Exxon, Mobil, Texaco, Gulf, and Standard Oil of California) were selling close to two barrels overseas for every barrel (42 gallons) of oil sold here. They accused the oil companies and the Federal government of creating the crisis.

In 1974, Lloyd's of London, the leading maritime insurance company in the world, said that during the three months before the Embargo, 474 tankers left the Middle East, with oil for the world. During the three months at the height of the crisis, 492 tankers left those same ports. During the Embargo, Atlantic Richfield (ARCO) (whose President, Thornton Bradshaw, was a member of the CFR) drivers were hauling excess fuel to storage facilities in the Mojave desert. All of this evidence points to the conclusion that there was no oil shortage in 1973.

Antony C. Sutton wrote in Energy: The Created Crisis:

"Our mythical energy shortage can be dismissed with a few statistics. The U.S. consumes about 71 quads (a 'quad' is one quadrillion BTU's, or 10 to the 15th power British Thermal Units) of energy per year. There is available now in the U.S., excluding solar sources and without oil and gas imports, about 151,000 quads. Consequently, we have sufficient energy resources to keep us functioning at our present rate of consumption for about 2,000 to 3,000 years -- without discovering new reserves. Even at higher consumption rates there will be no problem in the next millennium."

In 1977, independent petroleum companies discovered 88% of the new oil fields, drilling on 81% of those. They have been hampered by the large corporations, referred to earlier as the Seven Sisters, who wanted to avoid adding to our national supply so they can profit from the higher prices. Carter's Department of Energy was established to perpetuate the propaganda of the existence of an energy crisis.

In 1975, an anonymous ARCO official told Hugh M. Chance, a former State Senator from Colorado, that the Government had allowed only one pool of oil in a 100 square mile area on Alaska's North Slope to be developed, even though the entire area north of Brooks Range has so much oil, that if it were drilled, "in five years the United States could be totally energy free, and totally independent from the rest of the world as far as energy is concerned." The Prudhoe Bay oil field is one of the richest oil fields on earth, able to produce an oil flow for at least 20 years, without the need of a pump; and a natural gas supply which could supply the entire country for 200 years. However, the Government wouldn't allow it to be pumped out, and it is funneled back into the ground. The Gull Island field had a different chemical structure, as did the Kuparuk oil field, west of there, which meant that the three different chemical compositions indicated the existence of separate pools of oil on the North Slope in an area of 50,000 square miles. Needless to say, this seems to be an almost unlimited supply of domestic oil.

Another ARCO official told Lindsey Williams, a chaplain for the work camps on the Trans-Alaska Oil pipeline, that "there will never be an energy crisis (because) we have as much oil here as in all Saudi Arabia." Williams had witnessed a huge oil discovery at Gull Island (5 miles north of Prudhoe Bay in the Beaufort Sea) that could have produced so much oil, that the official said that another pipeline could be built "and in another year's time we can flood America with oil- Alaskan oil ... and we won't have to worry about the Arabs." However, a few days after the find, the Federal Government ordered the documents and technical reports locked up, the well capped, and the rig withdrawn. Their excuse was that an oil spill in that part of the Arctic Ocean would kill various micro-organisms. Williams felt that the U.S. Government was deliberately creating an oil crisis, and delaying the flow of oil, in order to bankrupt the oil companies, which would lead to the nationalization of oil and gas. [see Williams' book "The Energy Non-Crisis"]

William Brown, Director of Technological Studies at the Hudson Institute, said: "The President (Carter) said there is no chance of us becoming independent in our oil supplies. That is just wrong. We have at least 100 years of petroleum resources in this country." In 1976, proven resources were set at 37 billion barrels and the estimated recoverable resources were set at 150 billion barrels. This is about a 50-year supply at current usage levels. The American Petroleum Institute said in their 1977 Annual report, that recoverable crude was set at 30.9 billion barrels, and with today's technology, the amount of recoverable crude was 303.5 billion barrels, which is about an 80-year supply. The 1968 U.S. Geological Survey reported that the crude oil potential of the Atlantic Ocean continental shelf area is 224 billion barrels, the Gulf of Mexico has 575 billion barrels, the Pacific Coast has 275 billion barrels, and Alaska has 502 billion barrels, which is a grand total of 1,576 billion barrels. Only about 2% of these areas have been leased, which at the time of the report, had yielded 615 million barrels of oil, and 3.8 TCF (trillion cubic feet) of natural gas yearly.

The Wall Street Journal said that we possessed "1001 years of natural gas." Only about 2% of the Outer Continental Shelf has been leased, even though it may contain over half of our potential natural gas reserves. Along the Atlantic Coast, there is a potential of 67 TCF of gas, yet only about a dozen wells had been drilled in those areas. The Potential Gas Committee said in 1972, that we had 1412 TCF in reserve; in 1973, Mobil said we had 758 TCF; Exxon said we had 660-1380 TCF; the U.S. Geological Survey reported in 1974, that we had 761-1094 TCF in reserve; the National Academy of Sciences said in 1974, that we had 885 TCF; and there were other reports which indicated that we had over 700 TCF. These sources did not include the unconventional sources of coalbeds, shale formations, "tight sand" formations, and deep underground water areas.

From conventional sources, our known reserves were estimated to be about 237 TCF, and underground reserves were estimated to be about 530 TCF. An analysis of unconventional resources indicated the following yield: tight sand (600 TCF), coal (250 TCF), shale (500 TCF), underground water zones in the Gulf (200 TCF), and synthetic gas from peat (1443 TCF). This all adds up to a total of 3,800 TCF of natural gas, and with the U.S. using an average of 21 TCF a year, that would be enough to provide us with another 100 years worth of energy. That doesn't take into account the synthetic gas obtainable from growing marine bio-mass, such as the California Giant Kelp (Macrocystis Pyrifera), which grows two feet per day, and could be a renewable source for the production of synthetic gas.

It is also estimated that the United States could have up to half of the world's known recoverable coal reserves, which could be about 200 billion tons -- 45 billion of which is near the surface. At the time of this report, maximum production up to 1985 would have only used 10% of this reserve, even if no new reserves were discovered. In 1979, Herbert Foster, Vice-President of the National Coal Association, said: "America has three trillion tons of coal out there, ready to be mined ... all we produced last year was 590 million tons. That's only one pound of coal for every 2-1/2 tons still in the ground. The U.S. Geological Survey has estimated our coal reserves will last us well into the next century." One reason coal development has been held up, is that 40% of all reserves are on land owned by the Federal Government, and environmentally-minded citizens.

The book The Next 200 Years by Herman Kahn and the Hudson Institute said:

"Allowing for the growth of energy demand ... we conclude that the proven reserves of these five major fossil fuels (oil, natural gas, coal, shale, and tar sands) alone could provide the world's total energy requirements for about 100 years, and only one-fifth of the estimated potential reserves sources could provide for more than 200 years of the projected energy needs."

The Hudson Institute said in 1974: "There is no shortage of energy fuels." Antony Sutton wrote: "The energy 'crisis' is a phony, a rip-off, a political con game designed to perpetuate a 'crisis' that can be 'managed' for political power purposes."

Conservative estimates indicate that we have 100 years of energy sources available, while evidence of other undeveloped finds show that we have adequate reserves that would last long beyond that. The Illuminati has a firm grip on the oil supply, and after their 'test' in 1973, its obvious that oil will be used as a weapon of control. One can only wonder what would happen to this country if a large-scale oil crisis occurred [or was created]. Needless to say, it would be a disaster of unbelievable proportions that most likely would cause an economic collapse. Law and order would not exist in this scenario, as the population would fight among themselves for the limited resources that would be available, thus making the perfect situation for a World Government to step in.

Mega-Mergers in the Oil Industry
There have been many changes in the oil industry since the inception of the Seven Sisters.

In 1984, Chevron (Standard Oil of California) bought and merged with Gulf Oil; and then in 2001, merged with Texaco (who in 1984 had bought Getty Oil), to become ChevronTexaco, the 2nd largest oil company in the country, and 5th largest in the world. In 2002, Shell Oil acquired a couple of Texaco's interests.

In 1987 British Petroleum purchased the remaining 45% of Standard Oil of Ohio (Sohio) that they didn't already own, then in 1998, merged with Amoco (Standard Oil of Indiana), and in 2000 merged with Atlantic Richfield (ARCO).

In 1998, Exxon (Esso, Standard Oil of New Jersey) merged with Mobil (Socony, Standard Oil of New York) to become ExxonMobil, the biggest oil company in the country, and third largest company in the U.S.

In 2001, Conoco (Continental Oil and Phillips Petroleum (Phillips 66) merged, to make ConocoPhillips, the 3rd largest oil company in the U.S., the 12th largest company, and the 6th largest oil company in the world.

The Seven Sisters are now the Four Sisters, so what you have now is an expanded amount of power and influence that is concentrated in less hands, as oil companies have sought to consolidate their interests because of economic concerns. It's uncanny in that it has happened in less than 20 years. It's almost as if the old Standard Oil Company was coming back together.

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