The NWO Files - THE SEVEN SISTERS

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Victor A. Wiley

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Subject: THE SEVEN SISTERS
Title: The New World Order Files
Author: David Allen Rivera

One oil cartel is the Organization of Petroleum Exporting Countries,
known as OPEC, which is made up of Iran, Iraq, Venezuela, Kuwait, Saudi
Arabia, Algeria, Gabon, 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. 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 non-Arabian oil
companies.

Those non-Arabian oil companies are another cartel, which had been
informally called "The Seven Sisters," and control what is shipped to
the United States, and how much is refined into gas and heating oil.
Originally, it was made up of the Rockefeller-controlled Exxon
(previously known as Standard Oil of New Jersey, or Esso), Mobil
(Standard Oil of New York, which merged with Vacuum Oil), and Chevron
(Socal, or Standard Oil of California); the Mellon's Gulf Oil; Shell,
Texaco, and 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.

You could also see their link, through the joint ownership of the major
crude oil production companies:

Abu Dhabi Marine Areas: British Petroleum 66-2/3%
Compagnie Francaise de Petroles 33-1/3%
Kuwait Oil Co.: British Petroleum 50%
Gulf 50%
Iran Consortium: Gulf 7%
Shell 14%
Exxon 7%
Chevron 7%

Compagnie Francaise des Petroles 6%
Texaco 7%
British Petroleum 40%
Mobil 7%
other 5%

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

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

Aramco(Saudi Arabia): Exxon 30%
Chevron 30%
Mobil 10%
Texaco 30%
Bahrain Petroleum Co.: Chevron 50%
Texaco 50%

The Sisters were also interlocked with eight of the largest banks in
the country, and with each other: Exxon had ties to Mobil, 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.

The Seven Sisters also controlled 70% of the U.S. coal supply, which
during World War II, the Germans used to make pollution-free synthetic
fuel. Their philosophy is "to mine it now, it's coal; to mine it later,
it will be like gold."

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 Standard Oil as "the
invisible government." The oil companies are powerful, and their power
was never more apparent, then it was during the manufactured 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 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 UN 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, was that Israel had to
withdraw from all territories that it had won during the 1967 war; 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 news that oil companies were experiencing record profits,
ripped right through the heart of America. 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 of $2,500 million, 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.

Later, the Seven Sisters, had become Five. In 1984, Chevron bought, and
merged with Gulf Oil. Also in 1984, Texaco bought Getty Oil, however,
because Getty had already agreed in principle to a deal with Pennzoil,
Pennzoil turned around and sued Texaco for breach of contract, and won
an award of $10.3 billion, which placed Texaco on the precipice of
bankruptcy. In 1987, Pennzoil agreed to a payment of $3 billion to
settle the matter, which forced Texaco to sell off many important
assets, such refineries which were sold to the Saudis. Texaco was no
longer a viable member of the cartel. While the power of Texaco
diminished, British Petroleum's increased in 1987, with the purchase of
the remaining 45% of Sohio (Standard Oil of Ohio), that they didn't
already own.

According to 1993 sales figures, this is how the Sisters stacked up,
compared to other American industries:

3) Exxon ($ 97,825,000,000)
6) Mobil ($ 56,576,000,000)
9) Texaco ($ 34,359,000,000)
11) Chevron ($ 32,123,000,000)
17) Shell ($ 20,853,000,000)


- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
"Families is where our nation finds hope,
where wings take dream."

--- Adolph Bush,
LaCrosse, Wis., Oct. 18, 2000
 
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