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Ex-UK Army Chief in Iraq Confirms Peak Oil Motive for War

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  • Ex-UK Army Chief in Iraq Confirms Peak Oil Motive for War

    Ex-UK Army Chief in Iraq Confirms Peak Oil Motive for War

    A former senior British Army official in Iraq, James Ellery, admits the link between peak oil and the Anglo-American occupation of Iraq. Currently director of British security firm and US defence contractor, AEGIS, Ellery also whitewashes the massive corruption in Iraqi reconstruction projects.

    Brigadier-General James Ellery CBE, the Foreign Office’s Senior Adviser to the Coalition Provisional Authority in Baghdad since 2003, confirmed the critical role of Iraqi oil reserves in potentially alleviating a “world shortage” of conventional oil. The Iraq War has helped to head off what Brigadier Ellery described as “the tide of Easternisation” – a shift in global political and economic power toward China and India, to whom goes “two thirds of the Middle East’s oil.”

    After the 2004 transfer of authority to an interim Iraqi civilian administration, Brigadier Ellery set up and ran the 700-strong security framework operation in support of the US-funded Reconstruction of Iraq. His remarks were made as part of a presentation at the School of Oriental & African Studies (SOAS), University of London, sponsored by the Iraqi Youth Foundation, on 22nd April.

    World Oil Shortage


    “The reason that oil reached $117 a barrel last week”, he said, “was less to do with security of supply… than World shortage.” He went on to emphasise the strategic significance of Iraqi petroleum fields in relation to the danger of production peaks being breached in major oil reserves around the world. “Russia’s production has peaked at 10 million barrels per day; Africa has proved slow to yield affordable extra supplies – from Sudan and Angola for example. Thus the only near-term potential increase will be from Iraq,” he said. Whether Iraq began “favouring East or West” could therefore be “de-stabilizing” not only “within the region but to nations far beyond which have an interest.”

    Last month geological surveys and seismic data compiled by several international oil companies exploring Iraqi oil reserves showed that Iraq has the world’s largest proven oil reserves, with as much as 350 billion barrels, significantly exceeding Saudi Arabia’s 264 billion barrels, according to a report in the London Times. Former Bush administration energy adviser Matthew Simmons, author of the book Twilight in the Desert, says that Saudi oil production has probably already peaked, with production rates declining consecutively each year. This month the UK Treasury Department warned of the danger of an oil supply crunch by 2015, due to rocketing demand from China and India.

    The Threat of Easternisation

    Brigadier Ellery’s career in the British Army has involved stints in the Middle East, Africa, Bosnia, Germany and Northern Ireland. “Iraq holds the key to stability in the region,” he said, “unless that is you believe the tide of ‘Easternisation’ is such that the USA and the West are in such decline, relative to the emerging China and India, that it is the East – not the West – which is more likely to guarantee stability. Incidentally, I do not.” Iraq’s pivotal importance in the Middle East, he explained, is because of its “relatively large, consuming population” at 24 million, its being home to “the second largest reserve of oil – under exploited”, and finally its geostrategic location “on the routes between Asia, Europe, Arabia and North Africa - hence the Silk Road.”
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  • #2
    Re: Ex-UK Army Chief in Iraq Confirms Peak Oil Motive for War

    Will the US put all this oil in jeopardy by attacking Iran's nuclear fascilities ?
    Will the US be coerced into a conflict bij an Israeli attack on Iran ?

    Or is "we keep all options open" just hardtalk towards Iran ?
    No response of the US/UK/EU when Israel attacks for instance and hoping Iran keeps the Gulf straits open ?

    Is helping Israel worth a severe worldwide oil disruption to the western world ?
    What will it be ; Morals or Money concerning Iran/Israel ?
    Or is there another option ...

    Comment


    • #3
      Re: Ex-UK Army Chief in Iraq Confirms Peak Oil Motive for War

      Originally posted by Olduvai View Post
      Will the US put all this oil in jeopardy by attacking Iran's nuclear fascilities ?
      Will the US be coerced into a conflict bij an Israeli attack on Iran ?

      Or is "we keep all options open" just hardtalk towards Iran ?
      No response of the US/UK/EU when Israel attacks for instance and hoping Iran keeps the Gulf straits open ?

      Is helping Israel worth a severe worldwide oil disruption to the western world ?
      What will it be ; Morals or Money concerning Iran/Israel ?
      Or is there another option ...
      this is why the usa attacked iraq not iran as israel wanted. better and more oil, bigger political upside.

      why do i get the feeling the leadership has figured on peak cheap oil all along? explains the lazy attitude toward the housing bubble. why worry about debt deflation when you know a big energy cost push inflation is coming and you can't stop it? let the energy inflation do your debt deflation work for ya.

      Comment


      • #4
        Re: Ex-UK Army Chief in Iraq Confirms Peak Oil Motive for War

        Originally posted by metalman View Post
        why do i get the feeling the leadership has figured on peak cheap oil all along? explains the lazy attitude toward the housing bubble. why worry about debt deflation when you know a big energy cost push inflation is coming and you can't stop it? let the energy inflation do your debt deflation work for ya.
        WOW! This would mean that those guys are way smarter than most itulipers give them credit for.

        Comment

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