Exxon (called Esso in Europe), Shell, BP (British Petroleum), Gulf, Texaco, Mobile and Socol-Chevron. Together they form part of a major network of interlocking, interfacing banks, insurance companies and brokerage houses controlled by the Committee of 300, which are hardly known outside their circle.
The reality of the One World Government, or New World Order upper level government, brooks no interference from anyone, no matter who it might be -- even powerful national governments -- the rulers of nations great and small, corporations or private people. These supranational giants have expertise and accounting methods that have flummoxed the best brains in government, out of whose reach they remain.
Through diplomacy by deception it seems the majors were able to induce governments to parcel out oil concessions to them, no matter who opposed it. John D. Rockefeller would very much have approved this closed shop, run for the last 68 years by Exxon and Shell. It is evident from the vastness and the complexity of their operations ... that the petroleum industry is one of the most powerful components that make up the economic operations of the Committee of 300.
In secret, the Seven Sisters club has plotted wars and decided amongst themselves which governments must bow to their depredations. When trouble arises ... it is only a matter of calling upon the right air force, navy, intelligence service to solve the problem and get rid of the "nuisance." . . .
The Seven Sisters became a government within a government
If one would like to know American and British foreign policies for Saudi Arabia, Iran or Iraq, one need only study the policies of BP, Exxon, Gulf Oil and ARAMCO.
What is our policy in Angola? It is to protect Gulf Oil properties in that country, even though it means supporting an avowed Marxist...
Is any other group so exalted, so favored with showers of tax concessions that run into billions of dollars per annum? I am often asked why it is that the American domestic petroleum industry, once so bustling and full of promise, went into a steep decline. The answer, in one word, is GREED.
For this reason, domestic production of oil had to be curtailed, in case the public should ever discover what was going on. This knowledge is much more difficult to obtain when dealing with foreign operations. What does the American public know about what goes on in the oil politics of Saudi Arabia? Even while making record profits, the petroleum industry demands and gets additional tax breaks, both open -- and hidden -- from public view.
Have the citizens of the United States benefitted from the huge profits made by Exxon, Texaco, Chevron and Mobile (before it was sold)? The answer is no, because most of the profit was made "up-stream" -- that is, outside of the United States, which is where the profits were kept, while the U.S. consumer paid ever-rising prices for gas at the pumps. . . .
Rockefeller's main area of concern became Saudi Arabia. The oil companies, by various stratagems, had entrenched themselves with King Ibn Saud. The king, worried that Israel would one day threaten his country and strengthen the Israeli lobby in Washington, needed something that would give him an edge. The State Department, at the urging of the Rockefellers, said it could only follow a pro-Saudi polity without upsetting Israel by using Exxon (ARAMCO) as a front. This information was given to the Senate Foreign Relations Committee. It was so sensitive that committee staffers were not even allowed to see it.
What came out of the discussions between Exxon and Ibn Saud is known as "the Golden Gimmick" in the inner sanctums of the Rockefeller board rooms. The American oil companies agreed to pay a subsidy to the Saudi ruler of not less than $50 million a year, based on the amount of Saudi oil pumped. The State Department would then allow the American companies to declare such subsidy payments as "foreign income tax," which Rockefeller, for example, could deduct from Exxon's U.S. taxes.
With production of cheap Saudi oil soaring, so did the subsidy payments soar. This is one of the greatest scams perpetrated upon the American public. The bottom line of the plan was that huge foreign aid payments were made annually to the Saudis under the guise of "subsidies." When the Israeli government uncovered the scheme, it too, demanded "subsidies" which today amount to $13 billion per annum -- all at the expense of the American taxpayers.
Since the American consumer actually helps pay for cheaper imported crude oil than domestic crude oil, shouldn't we benefit from this arrangement through cheaper gasoline prices at the pumps? . . . No way. Apart from geopolitical considerations, "the majors" are also guilty of price fixing. The cheap Arab oil for instance, was fixed at the higher domestic crude oil price when imported into the United States by a subterfuge known as "phantom freight rates."
According to hard evidence presented to the Multinational Hearings in 1975, the major oil companies ... made 70 percent of their profits abroad, profits which could not be taxed at the time. With the bulk of their profits coming from "up stream," the petroleum industry was not about to make a major investment in the domestic oil industry. As a consequence, the domestic oil industry began to decline. Why spend money on the exploration and exploitation of domestic oil when it was theirs for the asking in Saudi Arabia-- at a cheaper price than the local product and at a far bigger profit? The unsuspecting American consumer was and is being shafted, without knowing it...
The immorality of this gross deception is that, had the big oil companies ... not been so greedy, they could have produced domestic oil which would have made our gasoline prices the cheapest in the world. In my opinion, the manner in which this diplomatic deception was set up between the State Dept and Saudi Arabia, makes the State Dept a partner to a criminal enterprise...
The policies of the petroleum companies cost the American taxpayer billions of dollars in additional taxation and billions of dollars in excess profits at the pumps. The petroleum industry, and, in particular, Exxon, has no fear of the U.S. government. Thanks to the control exercised by the permanent upper-level parallel secret government of the Council on Foreign Relations, Rockefeller is untouchable. That enabled ARAMCO to sell oil to the French Navy at $0.95 per barrel, while at the same time the U.S. Navy was charged $1.23 per barrel.
