Oil, Not Democracy Driving U.S. Foreign Policy

Summary

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IT is mind-boggling to watch the media take our latest mission to "spread democracy' seriously, while the issue of oil has mysteriously disappeared.

The history of oil started with John D. Rockefeller, who bought his first oil refinery in 1862. He recognized the important role oil would play in America's future. He used brutal methods to crush his competition and by the late 1800s his dream became reality. His company, known as Standard Oil, accounted for 90 percent of our oil export.

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Extract

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Oil, Not Democracy Driving U.S. Foreign Policy

Oil was found in various parts of the United States, giving rise to Texaco Oil, Mobil Oil and Exxon Oil. Texaco Oil opted not to pump off the Louisiana coast in order to maximize profits. Exxon Oil and Mobil Oil made big profits while 3,000 small independ...

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