Word: petroleum
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...about those specific cancers - Hodgkin's Lymphoma, non-Hodgkin's Lymphoma and thyroid cancer - listed in the initial suit filed against the oil companies by the Brockovich firm? As the University of Southern California medical school's Cancer Surveillance Program flatly states, "Known causes of these cancers are not petroleum or petroleum products...
...Politics and Petroleum...
...would the U.S. actually throttle a country's production to keep the peace? In Iraq, restricted production is an old story. It has often been the victim, ever since oil was discovered near Kirkuk in 1927, within miles of the biblical fiery furnace of Nebuchadnezzar. The Iraq Petroleum Co., jointly owned by U.S., British, French and Dutch oil giants, drilled the first well. It gushed at a rate of 100,000 bbl. a day. That much cheap oil was the last thing the international oil companies wanted. They clamped a lid on the well and sat on the field through...
Conditions improved in the 1940s and '50s, but only slightly. An October 1964 State Department memo noted that Iraq Petroleum Co. had long fixed production "in accordance with the overall worldwide interests of the participating companies, and not solely in accordance with the interests of Iraq." Later, production was curbed because of internal political turmoil during the '70s, the Iran-Iraq war in the '80s and U.N. sanctions from 1990 until today...
...begins with the rise of a member of Iran's parliament, Mohammed Mossadegh, an impassioned speaker and popular politician who had long chafed at British domination over his country's oil. The Anglo-Iranian Oil Co., partly owned by the British government and a predecessor of today's British Petroleum, held the concession for all of Iran. It set production rates and prices as well as Iran's token share of the proceeds. Mossadegh sought a fifty-fifty sharing agreement, which was then becoming the common arrangement between other oil-producing countries and U.S. companies. The British refused...