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What ever happened to this investigation?

The [European EU ] International Petroleum Cartel, Staff Report to the Federal Trade Commission, released through Subcommittee on Monopoly of Select Committee on Small Business, U.S. Senate, 83d Cong., 2nd sess (Washington, DC, 1952), Chapter 2, "Concentration of Control of the World Petroleum Industry," pp. 21-36

"The history of international oil has been treated more completely elsewhere, but Wells shows how in 1944 the Roosevelt Administration tried to establish an international oil cartel with Britain and was forced to back away by opposition from both the left and the right, including the independent oil sector. Meanwhile, the international oil cartel, without the US, reorganized itself after World War II, coming to rely on the joint control of production instead of the regulation of price. The FTC reported on this cartel in 1952 and the Antitrust Division decided to challenge it. What came next may throw light on current efforts to pass “NOPEC” legislation that would in effect require the Antitrust Division to sue OPEC.

First, the Division’s prosecution “horrified the national security establishment” which predicted adverse effects upon the interests of the US. “The British and Dutch governments were furious about the impending actions against their companies.” When the Antitrust Division held firm to its belief in the sanctity of its mission, “President Truman knew what he had to do.” He ordered the Antitrust Division to suspend the criminal investigation of the seven sister oil companies. The Division filed a civil suit against the five American members of the cartel in 1953. President Eisenhower “neutralized the prosecution,” forcing the Division to drop the parts of its case dealing with production agreements in the Middle East. “In 1968, Justice finally bowed to reality and suspended the prosecution.”

Book Review: Antitrust and the Formation of the Postwar World, By Wyatt Wells

THEN and NOW

Shell comes under fire at AGM over $18 billion gas pipeline consortium project in China occupied Tibetan territory

Press Release, 16 May 2002 BP to test Georgia pipeline BP-led consortium hopes to resume pumping oil from the Caspian Sea after damage from fire in Turkey CNN August 20, 2008: 7:44 AM EDT

Shell consortium signs $2bn Saudi gas deal

Independent, The (London) , Jul 17, 2003

BP LNG Project Agreement Signed between Chinese Consortium and BP .( liquefied natural gas)

China Chemical Reporter

Shell consortium in new Sakhalin pipeline dispute

The Observer, Sunday May 21 2006

BBSPA Balkan and Black Sea Petroleum Association

BBSPA is an organization bringing together the main oil and gas and energy companies in the Balkan region, together with major multinational firms, interested in the region. The association provides a forum for formal and informal exchange of information and views and facilitates discussion and debate on the issues of the energy sector in the region through its annual conferences and meetings.

The debate generated and issues raised by BBSPA are both on policy and business matters.

BBSPA is observing regional energy markets and is a lobbyist and mediator among members and before relevant parties and audiences.

....

Current membership of the BBSPA comprises:

BP Bulgargaz EGL Gaz de France Hellenic Petroleum LUKoil OMV (Austria) Petrom (Romania)

Romgaz Statoil Total (France) Wintershall Erdgas (Spain)

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So the international petroleum cartel's DE-CARTELIZATION, DECARTELIZATION, NEVER HAPPENED. And it continued its organized, collusion, collective action, syndication, syndicate action, investment pooling, cartelism, cartel, monopoly, oligopoly, oligopolistic control over production.And the profits financed a huge foreign policy think tank apparatus which began the practice of appointing state department, pentagon, and national security officers who were vetted, controlled, managed, in debt to, in service to, funded by, promoted by, serving the direction of; a foreign body politic involved in financial gain through US intervention and maintenance of client states, on behalf of a foreign criminal syndicate, with the concentration of its national managements in the EU. and manipulating American policy towards its subsidiaries, partners, lobbyists, foreign policy think tanks mainly through financial corruption of otherwise legitimate practices; that and abetted by the use of financial carrots and sticks.

Its favorite nation state is the authoritarian criminal state China allied with authoritarian Saudi Arabia, the so called Sino-Saudi alliance. Its preferred overt economic organization is the cartel as in China and Iran weapons supplier EADS and Airbus.

If you doubt the power of these financial sticks, examine the ruble and the Russian market indices after its resistance to the cartel in Georgia.

And you have to laugh the next time the cartel's media talks about OPEC. OPEC is a group of governments. They dont own the oil, and they dont get it out of the ground. Large intertwined financial and technocratictransnational institutions do that through organized collective action through consortia. And their GDP dwarfs many of the nations inside OPEC.

Correlation of corporate activity, collusion in political affairs, can also be found in the example of the ISmart LLC American iranian Council AIC.

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and another thing from geo-economics

Then What’s the odds that the biggest insurer to fail is also the most political, foreign tied, intelligence tied, company, on the planet?

Another Greenberg Swindle Scam at CIA AIG ?

http://geo-economics.blogspot.com/2008/09/another-greenberg-swindle-scam-at-cia.html