Protecting civilians!! or western oil companies?

NATO has been dropping devastating bunker-busting bombs on Muammar Gaddafi’s home in an attempt to assassinate him. One son and several grandchildren have died but Gaddafi has survived. The State Department cables give background to the hostility directed against Gaddafi by the United States and other NATO powers.

One State Department cable from November 2007 (Wikileaks reference ID 07TRIPOLI967) sounds the alarm of “growing evidence of Libyan resource nationalism” by the Gaddafi government. This was almost identical language employed by the U.S. and British governments against Iranian Prime Minister Dr. Mohammad Mossadegh when he nationalized Iran’s oil field in 1951. Mossadegh was overthrown by a 1953 CIA coup that restored the Shah to the throne. It allowed U.S. and British oil companies to re-take ownership over Iran’s oil until the 1979 revolution.

The crime of “resource nationalism”

Condemning “Libyan resource nationalism” is diplomatic language. The U.S. government was furious that Gaddafi was moving to rein in and limit the power and profits of the western-owned oil giants that he permitted to come back into the country after George W. Bush in 2004 lifted economic sanctions against Libya.

The same cable refers to an angry speech that Gaddafi made in 2006 which was interpreted as a virtual act of war by the oil companies and the U.S. and western governments.

Gaddafi’s speech included these unacceptable words: “Oil companies are controlled by foreigners who have made millions from them—now, Libyans must take their place to profit from this money.”

Oil reserves in Libya are largest in Africa

Libya has the largest oil reserves in Africa and the ninth largest in the world with 41.5 billion barrels as of 2007. The U.S. government and oil industry surveys conclude that Libya has 63 years of reserves at current production rates if no new reserves were to be found. But Libya is considered to have many unexplored reserves. Libya has been a big prize for the western oil giants both because of the quantity of oil and of the particularly high quality of Libyan oil.

In 2008, according to another leaked State Department cable, Gaddafi summoned Conoco-Phillips Chief Executive Jim Mulva to a meeting in Sirte, Libya. There he threatened to expel U.S. oil companies and “threatened to dramatically reduce Libya’s oil production.”

The oil companies and the State Department, as the cables indicate, were increasingly agitated by Gaddafi’s interference with their operations. The Washington Post, which is a big cheerleader for the U.S./NATO bombing campaign, published a story on June 11, 2011, about the leaked Libya cables: “Labor laws were amended to ‘Libyanise’ the economy, and oil firms were pressed to hire Libyan managers, finance people and human resource directors.”

Full Article at Prison planet >>