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A man of enormous wealth, power, and pride, and was stepping into pivotal new roles in the Middle East and on the international stage |
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Prime Minister Harold Wilson |
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(1968), in order to “balance payments, announced that Britain would end its defense commitments east of the Suez and remove all military by 1971—also a result of nationalism |
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looked to take Britain’s place, which Nixon supported |
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1965, headed the Richfield merged with Atlantic Refining (AROC) |
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• one of the last of the great wildcatters and oil tycoons of the 20th century |
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• 1942 traveled to New Mexico and took over a refinery |
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• moved into exploration and became one of the better known independents in the business |
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• his efforts eventually led him to become the largest individual land owner in the U.S. |
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gave the go ahead for the last well on schedule and began drilling in Spring of 1967—called Prudhoe Bay State No.1 |
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Chairman of Occidental Petroleum |
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“When it comes to deal making, there are very few in the entire 20th century to rival Hammer”—pg 556 |
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father was one of the founders of the American Communist Party; however, he did not share his father’s socialist tendencies |
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traveled to Russia and encouraged to stay to do business under Lenin’s New Economic Policy |
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made money through various business deals and was an avid art collector/gallery owner |
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in 1956 he invested in oil and bought up a nearly bankrupt company called Occidental |
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“a modern Marcus Samuel”—pg 557 |
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successfully gained concessions in Libya by writing the contract on sheepskin manuscripts and wrapping it in red, black, and green ribbon—Libya’s flag colors |
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leader of a group of radical young officers seeking to take over the weak Libyan government |
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was a born conspirator like Nasser; he intended to make himself not only the leader of, but the very embodiment of the Arab world—pg 559 |
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He would plot and campaign endlessly against Israel, Zionism, other Arab states, and the West |
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Equipped with huge oil revenues, he would become banker, sponsor, and paymaster for many terrorist groups around the world |
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Started the Revolutionary Command Council |
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Deputy Prime Minister Abdel Salaam Ahmed Jalloud |
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Negotiations with Hammer were led by him |
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Jan 19, the Front Uni, represented by him, the Exxon director responsible for the middle east |
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a lawyer, director of BP, and son of William Fraser. |
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Saudi Arabian Oil Minister |
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received the rights to own and operate a portion of the National Iranian Oil Company; something no other country had |
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American diplomat who had been an economic officer at the U.S embassy in Baghdad a decade earlier, when OPEC was formed |
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1970s petroleum officer in the U.S. embassy in Tripoli |
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believed the international petroleum order had been changed for good |
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believed the U.S. and its allies along with the oil industry were simply unprepared intellectually and politically to deal with the changed balance of power in the petroleum situation—page 569 |
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