Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

A Short History of BP

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
PufPuf23 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-30-10 12:28 PM
Original message
A Short History of BP
Beyond Petroleum, Beyond Pollution, Beyond Politics

A Short History of BP

By M. KAMIAR

British Petroleum is the UKs largest corporation. It is among the largest private-sector energy corporations in the world. It is a vertically integrated cartel that operates oil and natural-gas exploration, marketing, and distribution all over the globe.

snip

In 1909, DArcy formed the Anglo-Persian Oil Company (APOC). Britains First Lord of the Admiralty, Winston Churchill, had been following the progress of the burgeoning petroleum industry because he was thinking of converting the British navys ships from coal to oil, which he implemented in 1911. In order to protect its supplies of this now-crucial military resource, the British government became part owner of APOC in 1914, acquiring 50 percent of the voting stock, reimbursing all of DArcys expenditures, and granting him 900,000 worth of shares. DArcy remained a director until his death in 2000. In 1923, the company secretly paid 5,000 to Churchill to lobby the UK government to grant APOC a monopoly on Iranian oil resources (Myers 2009). The rush was on. Western oil companies eventually attained total control over the middle-eastern oil industry. These companies often became de facto rulers of these semi-colonial territories. All aspects of exploration, production, refining, and marketing were controlled by these multinational corporations. The owners not only discouraged but prevented native populations from obtaining the skills and education to manage their own resources, and workers were treated no better than slaves.

snip

By the post-WWII era and the beginning of decolonization, educated people in Iran realized the country was in effect occupied and controlled by AIOC. Theyd had enough. Coinciding with the growth of a new nationalist fervor in the region, the shah was forced aside, remaining primarily as a figurehead, and a new prime minister, Mohammad Mossadeq, was elected in 1951. Mossadeq, with the approval of Majlis (the Iranian parliament), nationalized Irans oil industry. The British government contested the nationalization at the International Court of Law, but its complaint was dismissed. The British had, in effect, been kicked out of Iran.

snip

In 1953, the year Eisenhower took office, the CIA went into action, in partnership with the British. Eisenhower approved the plan, called Operation Ajax, of instigating a counter-coup designed to return the shah to total power. The director of the operation was Theodore Roosevelts grandson, Kermit Roosevelt, who headed the CIAs Middle East division. The CIA paid out $1 million to hire demonstratorsmostly gang members, prostitutes, drug addicts, and thugs (Gelvin, 2005, p. 279; Fayazmanesh, 2003, p.4). This same tactic had been used successfully in Italy in 1948 to prevent the communists from winning the elections. Operation Ajax, mostly planned by Donald N. Wilbur, an architecture expert, was also supported by few ayatollahs, powerful landlords, and big merchants. The riots and chaos that ensued did the trick, and Mossadeq was forced to resign.

snip

In 1954, AIOC changed its name to British Petroleum. In 1959, BP expanded beyond the Middle East to Alaska, and in 1965 it was the first company to strike oil in the North Sea. Today, the oil company that began in Iran has gone global. It has oil wells and gas stations on all continents. At $1 million, the counter-coup in Iran seemed like a bargain for the US. But was it? Drawing a straight line from the overthrow of Mossadeqs government in 1953 to the Iranian revolution of 1979and perhaps to the events of September 11, 2001we begin to see Operation Ajaxs ultimate cost in terms of money and lives. From 1953 to 1979, Iran was a BP prison, polluted and poor, run with an iron fist by the company and its puppet, the shah. Now it is drilling offshore near the US in the Gulf of Mexico. Many Americans in the region are beginning to feel the pain and outrage Iranians endured for 70 yearsgetting a small taste of how BP goes Beyond Politics.

http://counterpunch.com/kamiar06162010.html
Printer Friendly | Permalink |  | Top
FiveGoodMen Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-30-10 12:39 PM
Response to Original message
1. K&R
Printer Friendly | Permalink |  | Top
 
Catherina Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-30-10 12:41 PM
Original message
Karma's a a bitch
"Many Americans in the region are beginning to feel the pain and outrage Iranians endured for 70 yearsgetting a small taste of how BP goes Beyond Politics."

Rec'd
Printer Friendly | Permalink |  | Top
 
dipsydoodle Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-30-10 12:41 PM
Response to Original message
2. It didn't begin in Iran
Edited on Wed Jun-30-10 12:42 PM by dipsydoodle
It actually began as the Burma Oil Co. If anything that article is simply a criticism of US overseas policy.

If this was the sixth then yours is the seventh : http://www.democraticunderground.com/discuss/duboard.ph... I just searched Anglo Persian Oil in GD and came up with 9 just there.

I appreciate that dups happen in GD - but 9 !

Iran was a BP prison ? WTF - after the Shah was installed Iran was divvied up and British Petroleum actually had 40% of the drilling rights. As far as prisons go check CIA and SAVAK sometime.
Printer Friendly | Permalink |  | Top
 
PufPuf23 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-30-10 01:04 PM
Response to Reply #2
3. Sorry to have offended your sensibilities; I thought the article interesting
Edited on Wed Jun-30-10 01:05 PM by PufPuf23
and would be to others at DU.

I did not realize that histories of BP had been posted before.

If you read the article itself, there is detail such as financing and drilling rights and SAVAK etc.

I think we are still free to post criticisms of US foreign policy.
Printer Friendly | Permalink |  | Top
 
dipsydoodle Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-30-10 01:12 PM
Response to Reply #3
4. Don't take it personally
Edited on Wed Jun-30-10 01:13 PM by dipsydoodle
Wasn't intended to be so. Apologies if that's how it read.

The article is best read in wiki from where it originated. That's more or less complete and factual.

It's been posted many times in the past to help demonstrate blowback to the USA from Iran and those posts preceeded the current event by years.

Coincidently a friend was in Tehran working for the Tehran Oil Co years before everything folded. He predicted the collapse and also the likely demise of anyone known to have been part of SAVAK.

:hi:
Printer Friendly | Permalink |  | Top
 
PufPuf23 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-30-10 01:36 PM
Response to Reply #4
5. Thanks for kindness! Posts fly through DU so fast one misses much nt
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Sun Jul 13th 2014, 03:56 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC