Word: texaco
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Although, as Alexander Cockburn says, Saddam Hussein "overplayed the hand allowed by the United States," it is clear whose interests the U.S. government is protecting. Exxon, Texaco, Amoco and friends are the "many Americans" Glaspie referred to, and are the ones who would benefit from a war for control of the world's oil. The people--both American and Iraqi--who would die on the sand have been left out of the reckoning altogether...
...Though it is tempting for some to call this a war for American oil and to make cute rhymes such as "Hell, no, we won't go, we won't kill for Texaco," it is extremely naive not to recognize that the entire world economy, and hence international stability, is dependent upon...
...Conoco, Occidental, Texaco and Shell, every major international oil company has joined the hunt, which has turned the blue-green waters off the coast of Louisiana and Texas into one of the busiest exploration areas in North America. Even Petrobras, the national oil company of Brazil and a deep- drilling pioneer, has established a Houston-based subsidiary to get in on the action. The lure of the Gulf is irresistible: estimated oil reserves of up to 36 billion bbl., nearly four times as much as in Alaska's Prudhoe Bay. Companies have snapped up nearly 1,700 federal drilling leases...
...some 240 km (150 miles) southwest of New Orleans. But they failed to make the big strike they needed to salvage their collapsing financial empire. Conoco followed the Hunts and had more luck, finding sizable deposits at the * 535-m (1,760-ft.) level. The company, with Occidental and Texaco, spent $400 million to build the world's deepest production platform, and has been producing from 20 wells for about a year...
...Students Against War in the Middle East think that Texaco executives and American automobile owners are the only people who owe their livelhood to the flow of oil, they are tragically mistaken. Every dollar added to the price of oil means billions of dollars of foreign exchange lost by oil-importing Third World nations and the struggling democracies of Eastern Europe. Oil can only be purchased in hard currency, a frightfully scarce resource in all of these countries...