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shance Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-11-07 10:06 AM
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The Oil Factor in Somalia
"The Oil Factor in Somalia" by Lisa Pease

Excerpts:

The first time a George Bush took troops to Somalia, the excuse was a "humanitarian mission."

Without knowing any facts, and knowing only Bush's character, I was CERTAIN at the time that whatever we were doing there had nothing to do with humanitarianism.

This time, we're being told it's -- as Jeff Huber so accurately pointed out -- suspected terrorists. Suspected. Not known. Not proven. As the Saturday Night Live Church Lady used to say, "How conveeeenient."

Back in 1993, one of that nearly extinct breed, an investigative reporter named Mark Fineman wrote an amazing piece in the Los Angeles Times on January 18, 1993, titled "The Oil Factor in Somalia."

His story was so important that -- typically -- the rest of the media didn't dare touch it with a ten foot pole. Project Censored included it in its year-end list of most underreported stories.

I'll quote liberally, but you should read the whole thing, currently archived at NetNomad:



Far beneath the surface of the tragic drama of Somalia, four major U.S. oil companies are quietly sitting on a prospective fortune in exclusive concessions to explore and exploit tens of millions of acres of the Somali countryside.
That land, in the opinion of geologists and industry sources, could yield significant amounts of oil and natural gas if the U.S.-led military mission can restore peace to the impoverished East African nation.

According to documents obtained by The Times, nearly two-thirds of Somalia was allocated to the American oil giants Conoco, Amoco, Chevron and Phillips in the final years before Somalia's pro-U.S. President Mohamed Siad Barre was overthrown and the nation plunged into chaos in January, 1991. Industry sources said the companies holding the rights to the most promising concessions are hoping that the Bush Administration's decision to send U.S. troops to safeguard aid shipments to Somalia will also help protect their multimillion-dollar investments there.



"It's left everyone thinking the big question here isn't famine relief but oil -- whether the oil concessions granted under Siad Barre will be transferred if and when peace is restored," the expert said. "It's potentially worth billions of dollars, and believe me, that's what the whole game is starting to look like."


(snip)

"Our country is now very weak, and, of course, the American oil companies are very strong. This has to be handled very diplomatically, and I think the American government must move out of the oil business, or at least make clear that there is a definite line separating the two, if they want to maintain a long-term relationship here."

As Yogi Berra used to say, it's deja vu all over again.

http://realhistoryarchives.blogspot.com/
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shance Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-11-07 03:24 PM
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