New World Notes - The "Seven Sisters" and the Oil of the Middle East (Second of 2 parts)
This week on New World Notes: radio program #273, June 4, 2013, from 12:00 to 12:30 p.m., host Kenneth Dowst looks at international oil politics.
The "Seven Sisters" was Big Oil. It was the cartel of huge private corporations that ended up owning almost all the oil in the Middle East. They stole and kept this treasure by hook and by crook, in violation of many laws, with help from corrupt monarchs abroad and muscle from the U.S. government, armed forces, and CIA.
We adapt to radio a new video documentary. This week, Part 2 of the documentary takes us from the creation of OPEC in 1960 to the fate of Iraq today (its oil weath again taken away from the Iraqi people and again handed over to the big oil companies).
Includes the Suez crisis, OPEC price hikes, Iraq's nationalizing its oil in 1972 (succeeding where Iran in 1953 had failed), the Iranian revolution, and Gulf Wars I and II.
New World Notes is produced under the auspices (Latin for "aegis") of WWUH-FM, a community service of the University of Hartford.
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Series overview: Political and social commentary in a variety of genres. Exploring the gap between what we want--and what they're trying to make us settle for.
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