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America's Oil Myths

Power Problems

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The Real Threatening in the Twenties and Thirties

Having a firm run that concession means nothing. What had no strategic value when war arises. Annalists in the 19 twenties argued, you know, it would be good the govern ments should get out of the business of backing these firms. They're not going to cut off oil to any particular purchaser. And here's the obvious one: whether it's a british firm producing oil in a rock, or or a us. Firm producing oil in sout arabia, those firms all sold that on the world market to variety of buyers. But having an american firm gets the concession is going to hurt the united misis going to hurt great britain. Because if

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