EU: End 50 years of OPEC Foreign Policy Blackmail

Speaking after the visit of Prime Minister Benjamin Netanyahu to Brussels, the EU’s foreign policy chief, Frederica Mogherini made an astonishing declaration of ignorance.
Again!
“We always say that the Two State Solution is the only realistic one,” she said. “I have not heard by anyone or from anyone, not only in the last weeks but in the last decades any other idea than Two States to preserve Israeli security. The Palestinians need to have their own country under their own authority.” One reinforced with Hamas, weaponized by Iran, and aimed at the destruction of Israel? Or one with a democratic, peaceful government that does not glorify terrorism and holocaust denial?
Urging the EU to recognize Jerusalem as Israel’s capital, Mr Netanyahu said: “While I respect Europe, I am not prepared to accept a double standard from it.”
It is a pity the Israeli Prime Minister does not make more frequent visits to point out Europe’s blatant hypocrisy. The previous visit by an Israeli prime minister was 22 years ago. So much for the allegedly powerful Israeli lobby! The PA’s unelected Mr Abbas, recipient of EU millions, comes quite regularly without stopping at the press room to explain why he pays salaries to those who murder children.
Under the British Mandate, “Palestinian” was the term for JEW! Hence we could also add to hypocrisy theft of nationality (by the Soviet KGB Disinformation service). “Palestinians” are not mentioned in the famous 1967 UN Resolution 242. Why? Because they did not exist.
The real Palestinians had changed their nationality to Israeli.
In 1964 Egypt’s dictator Nasser and the Soviet communists invented the Palestine Liberation Organization to arabize and communize the entire territory of the Palestinian Mandate. That included the “kingdom” across the Jordan!
For a viable solution perhaps High Representative Mogherini should look further back in time. Let’s say before she was born in 1973. Perhaps she should also look at home, to the European Community system itself, the astonishing Schuman Plan principle! That brought real change and peace to former Nazis, communists and antisemites! It attacked the core problem.
The Community System has powerful tools to disarm globalist cartels — international cartels that control Europe’s economy and finance and block free media. They were among the main causes of two world wars. The Community created the world’s first international anti-cartel system. BUT IT IS NOT BEING USED AGAINST THE OIL CARTEL.
Jerusalem politics has become Europe’s Stupid Zone. Europe proved many, many times that the “Two State Solution” does not work. European experience extends not just over the last decades but over a period of more than two thousand years!
The Two State Solution coincides with the first major attempt to blackmail Western Europe’s Foreign Policy. It dates from the 1967 Six Day war.
This year is the fiftieth birthday! Oil Blackmail will not bring peace!
It should be recalled that in 1967, there was little that could be called European Foreign Policy. Foreign policy was a national affair. The European Communities provided the only legitimate authority and framework. They could make international agreements only in very specific sectors.
The European Coal and Steel Community was founded when coal was the main fuel in Europe. Euratom was created to exploit the oil-free energy of the nuclear industry and provide for nuclear non-proliferation. The European Economic Community with its Customs Union brought the dimension of international trade agreements. Only these three Communities could make legal, European law.
The founding father of European unity, Robert Schuman (initiator of the European Communities, the Council of Europe, NATO) was sensitive to real Arab interests. Algeria was then an integral part of France. France had colonies and protectorates along the Mediterranean and in Africa. But with judgement of a fine lawyer, he was pro-Israel and pro-truth. He was Prime Minister in the crucial period of November 1947 to July 1948, and Foreign Minister from 1948 to 1953. He instructed France to cast its United Nations vote in favor of Israel.
Warnings were made in the 1950s about Europe’s increasing reliance on oil. The 1956 Suez crisis showed how fragile links to the Middle East oil were. However despite attempts of the good Europeans to face up to potential Islamist energy blackmail by combining the defense of the three Communities, the policy was blocked by one factor. General de Gaulle took power in 1957. He changed the foreign policy of energy-poor France from pro-Europe, pro-Israel to a pro-Arab one because of oil.
That was myopic.
In the 1967 oil crisis France got off the hook. But the Arab oil exporters wanted to use the Oil Weapon to change the foreign policy of the other major States. Saudi Arabia, Kuwait, Iraq, Libya, and Algeria stopped oil shipments to the United States, West Germany and United Kingdom (not yet a member of the Communities). Why? Because they didn’t insist Israel return to pre-1967 borders. And they weren’t friendly to Islamic indoctrination.
That is the real birth of oil blackmail aimed at dictating to the world an Islamist, anti-Israel foreign policy. Although the British came up with a two State solution first, it was as a temporary political measure.
In 1923 the British lobbed off the biggest chunk of the Palestine Mandate territory east of the Jordan and ‘gave’ it to the Hashemite Abdullah, expelled from Arabia and dismissed from Iraq. (They weren’t allowed to take over Syria.)
Bad move! That action was without full legal approval of the League of Nations. No other European State recognized the Trans-Jordan. Nor did Saudi Arabia under the Wahabis. Nor any other country who fancied getting some oil. Only Pakistan. In 1937 the British suggested a two State solution in the Peel White Paper to further skin Israel. It had no traction. In 1948 Hashemite Trans-Jordan illegally occupied half of Jerusalem, Judea and Samaria
In 1973 the Arab Oil Exporting Countries (OAPEC) again deployed the Oil Weapon to change global politics. It first tried a total petroleum embargo for some States, cutting oil deliveries 5 percent per month for others. Then it quadrupled the price, reducing the European economy to shatters. It also imposed poverty and seemingly endless wars on developing countries. Then it quadrupled the prices again. So much for Saudi sympathy to fellow Arabs, and even less for Europeans.

If the EU foreign policy chief cannot imagine any other policy than Saudi Arabia’s anti-democratic Two State Solution, 1967 borders and divided Jerusalem, it is because she and many of her officials are now the defenders of Saudi oil blackmail policy. It rules in Europe and at the United Nations. They drank it in with their mother’s milk.
For decades after WW2, the price of oil was under two dollars a barrel. It gave Arab oil exporters fat profits, yachts and a playboy lifestyle. Two dollars then is equivalent to under 10 dollars today. Massive oilfields have since been discovered.
After WW2, thanks to the Community system, Europe’s growth was continuously more than 5 percent for thirty glorious years. De Gaulle put Europe’s anti-cartel tools in the wood shed, and shut the doors. Schuman was written out of history.
Europe became the passive victim of a Trillion Dollar Rip-Off.
The Oil Weapon and the Two State Solution Blackmail reduced the European economy to a horse-driven van. Foreign Policy became

“Yes, OPEC Cartel, sir, we believe in the Two State Solution and deny ourselves an independent opinion about Arabs, Islam, democracy, European values and truth! With oil, truth is so slippery! We dhimmis adhere to your Fake History and Fake News!”

Under the Oil Cartel OPEC, the price rose to near 150 dollars a barrel. At that point, the oil blackmail graft amounted to about ten percent of global GDP. Some blackmail! Saudi Aramco is the richest company in the world bar none. Europe became its dhimmis, its slaves and tax mules.
Wake up Europe! Put an end to hypocrisy and blackmail! Open the doors!

Petro-Jihad! Saudi Aramco half-century war on the West

Would you like to have a piece of the largest, richest, most powerful company on this planet? Your chance may come soon. The Saudis are considering making shares available in Aramco.
Be warned! Get the facts first! For half a century the planet’s most powerful company has been dedicated to converting the world to worship its god and to obey Sharia law. Saudi Aramco, dwarfs other multinationals like an elephant before ants. Its value surpasses Germany’s annual output. It rivals the entire Gross Domestic Product of the whole European Union.
Saudi Aramco should be worth modestly around $2.4 trillion, according to the Lex column of the Financial Times on 9 January (Saudi Aramco: family jewels). That values its estimated 300 billion barrels of oil and gas at $8 a barrel. That’s just a little part of it. Sale of oil magnifies assets into huge profits on top of that. Last year oil sold for around $50 a barrel or so.
Free market US shale oil punctured the murky OPEC cartel. By its price-ratcheting operations, oil reached astronomical prices nearly touching $150. Now prices have plummeted. Present low prices are Saudi policy too. Prices are controlled by their dominant supplies. The Saudis have now opened wide the spigots to flood the market in order to annihilate the more costly shale oil. Low prices also destroy alternative energy systems which require expensive investment. Prices fell to below $30 a barrel at the start of 2016. The key priority of a cartel is to retain market share, not prices. They can later crank up the price by long-tested cartel techniques. Europe has long been the victim. It will gain no respite from energy blackmail.
Low oil prices have a devastating effect on Russia, its main rival. In the mid-1980s the engineered collapse of prices destroyed the Soviet economy.





Saudi Arabia is now living off cash reserves in order to continue its luxuriating lifestyle. Hence it is considering putting up for sale its ‘family jewels’, Saudi Aramco for sale. They need just enough cash to get them through the period while legitimate competitors are driven into bankruptcy.
Just a little bit of the jewels, mind. Saudi Aramco could be worth 7 or perhaps 10 trillion dollars. To put that in perspective, the GDP of the entire European Union, the world’s largest economy, is 18 trillion dollars. Such an estimate would put Aramco well ahead of the leading Chinese banks which sometimes rate at 3 or four trillion. The leading US oil ‘giant,’ ExxonMobil, clocks in at around a third of a trillion. Russia’s Rosneft and Mexico's Pemex, faced with higher extraction costs are way behind.
The Saudis and the Gulf states also need to create a sure way to deliver high price oil to effete Europeans and eliminate Russia and other competitors. If the Persian Gulf is blocked by an antagonistic Shia Iran, then a pipeline to the Mediterranean would be essential to sell Europeans high-price energy. Unfortunately the eastern seaboard of the Mediterranean is occupied by Russophile Syria/Lebanon, or Israel. What is the core issue of the Syria conflict? Lucrative Arab gas and oil commerce from the Gulf to Europe would be so much easier if the Syrian regime of Assad with its pro-Shia tendencies were eliminated. Meanwhile Europe, not Saudi Arabia or the Gulf, is obliged to take in millions of the refugees, victims and belligerents.
In its energy imports the EU pays out enough to cover the entire EU budget two or three times over, a billion euros worth per day. That’s the cost of energy blackmail and oil jihad. Europeans apparently are not intelligent enough to produce alternative energy sources or save on consumption. They buy overpriced oil.
In Saudi Arabia it seems that oil just seeps out of the sand almost for free. But it wasn’t always like that. American companies like Standard Oil of California (SoCal). Exxon and Texaco dug round for a few years before they struck oil. When they did, Saudi King Abdulaziz demanded half the profits or else he would take it over completely by nationalization. The US government crumpled under the threat. It created the ‘golden gimmick’, a curious tax-deal, to say the least, where half the US company’s profits were just not taxed.
The Saudis then began to use the company as an overt instrument of Saudi foreign policy. It was deployed against its western Judeo-Christian customers. The oil weapon was used in the 1967 Six-Day war against Britain and USA. Following Yom Kippur 1973 and the alleged US support for Israel when Egyptian and other Islamic forces attacked it without warning, the Saudi government took a 25% stake in US Aramco. The next year they increased their slice to 60%. Finally they nationalized the whole thing in 1980.
What a steal! Nowadays Aramco produces 12.5 million barrels a day. The world’s top oil producer. That’s worth at recent prices a billion dollars every 24 hours!
In 1973 when Muslim forces attacked Israel at Yom Kippur, Saudi Arabia also deployed its ‘Oil Weapon’ against all of Europe. Using Aramco as a battering ram and the Arab States in OPEC (Arab Organization of Petroleum Countries, AOPEC) as the sword of Islam, they attacked all European States in their vitals, their foreign policy. Unless these States changed their policy towards Israel they would get no oil.
Absolute embargo. Zilch. Not a drop. The motorways were bare of traffic. On Sundays drivers required special permission to travel.




 Fortunately in the 1970s, although the pro-Arab and anti-Israel policy of de Gaulle, the autocratic French president, had lead to the weakening of the Community system, enough solidarity existed to help. Counties like the Netherlands and Denmark which had no alternative sources were able to use the single market to swap oil supplies from elsewhere. From the start after WW2, European Statesmen like Robert Schuman had warned that Europe needed to have energy independence from blackmail if it were to survive honorably. That was a key purpose of the Coal and Steel Community, the Euratom Community and the Economic Community. During the 1956 Suez Crisis, the closure of Egypt’s canal led to the loss of two thirds of Europe’s oil supplies. Did Europe’s lackadaisical politicians influenced by de Gaulle take this warning serious?
In 1970s the politicians in the ‘democracies,’ who were faced with the threat of changing foreign policy under duress, showed little intestinal fortitude. Less fortunately they reached a compromise with the Islamic blackmailers who had unplugged Europe’s economy. They agreed to allow the massive immigration of unemployed from North Africa to their devastated economies. Across Europe on certain days the motorways were emptied of all vehicles. Factories closed or went bankrupt.
This economic devastation has as its main origin the cartel operation that controls oil and gas. Even so called democratic oil-producers do not offer supplies at cost plus a modest profit of ten percent. They follow the prices set by OPEC. In practice that means the price dictated by Saudi Arabia and the Gulf States who have both a monopolistic and religious motivation.
Is Saudi Arabia now coming to a crunch? Will its estimated 700 billion dollar reserves be wiped out by its high-living style in  five years or so? Or has Saudi Arabia other vast reserves of investments whose liquidation would threaten the foundations of Western society? That requires a separate analysis.