Financial Sense Newshour with Jim Puplava

A Century of War: Anglo-American Oil Politics and the New World Order

F. William Engdahl

Author

September 24, 2005

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This book is a gripping account of the murky world of the international oil industry and its role in world politics.

Scandals about oil are familiar to most of us. From George W. Bush's election victory to the wars in Iraq and Afghanistan, US politics and oil enjoy a controversially close relationship. The US economy relies upon the cheap and unlimited supply of this single fuel.

F. William Engdahl takes the reader through a history of the oil industry's grip on the world economy. His revelations are startling. Moving from the post-World War I period up to the present day, he shows how oil is � and has always been � the motivating factor in international policy and conflicts.

Shedding light on the 1970s oil shocks and the grand strategy of Washington after the end of the Cold War, Engdahl presents a convincing case that geopolitics and oil were behind the collapse of the Soviet Union, the breakup of Yugoslavia, and the rise and fall of the Taliban. He reveals evidence to show that the US and UK decision to go to war in Iraq was not simply an issue of corporate greed. It was a strategic move to control the world economy for the following half century or more.

F. William Engdahl has written on issues of energy, politics and economics for more than 30 years, beginning with the first oil shock in the early 1970's. He has contributed regularly to a number of publications, including Japan's Nihon Keizai Shimbun, Foresight magazine, Grant's Investor.com, European Banker and Business Banker International. He has also spoken at numerous international conferences on geopolitical, economic and energy subjects, and is active as a consulting economist.

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