The War For ‘Black Gold’

The war for ‘Black Gold’

The "black gold" is the magnanimous cause of capital in the international economy, the main source of world energy for its cost-production-efficiency ratio so that it places it as a product in high demand and essential density in a society dependent on the resourcesand derived goods to integrate the need to perform into the work, ordinary activities and industrial development, despite the power of crude oil in front of countries where macroeconomic flow attracts significant fluctuations in the evolution of the gross domestic product over time, gets meEconomic and social instability originates, because when we depart on oil, there is a plurality of inconstant-Producer of another, does not associate his economic freedom concisely.

The beginning of oil

The oil industry sought its beginning in the United States, in 1859 the viable marketing of oil was undertaken through the first commercial well in Titusville, Pennsylvania, a success before those present derived from high instance at that time. However, the oil proliferation gradually hastened with the invention of the motorized transport system, which served with the combustion of a byproduct of the production of kerosene, such was gasoline.

Also, half a century later, new oil deposits were found in the Middle East, but it was the western companies that obtained the exploitation rights, since vain was the experience on oil production in those regions.

It became unquestionable how important oil was for the safeguardThey required fuel to move faster and stay longer at sea.

However, the oil demand was only growing as the oil industry diversified several sectors of commercial development, standing out in combustion motors fuel.

International conflicts for oil control.

The war on the Suez channel

In the 50’s the control over one of the most important medianar routes would turn a political and economic crisis, the Suez channel was one of the main commercial routes of oil ships and implied that countries exerted their political influence to control maritime transport arguingA multinational conflict, Egypt nationalized the Suez channel, preventing Western nations from benefiting from the free maritime traffic and imposing commercial conditions to favor the collection of lucrative traffic taxes and taking most of the oil market profits.

First International Petroleum Crisis, 1973

The Arab countries producing oil producing the export of oil in the Middle East, attributing them power in commercial relations with countries of the West, which transcended when the Arab organization of oil exporting countries charged a commercial embargo on oil to all allies of IsraelIn the Ramadan War, when this country was invaded by Egypt and Syria, consequently prices increased more than three hundred percent, oil supply spared and Western governments addressed alternative oil sources to counteract the domain of the Middle East on productionof oil. Despite the disadvantages of the commercial embargo, Israel won the war and Quito territories to Egypt, including the Suez channel.

The Persian Gulf War

Starring Iraq against the international coalition of 34 countries led by the United States, the immediate cause that began this war conflict was that on August 2, 1990 the nation of Iraq led by Sadam Husein invaded Kuwait, in which they occupied territories Strategic throughout the country with its armed forces, since Iraq indicated as an argument the theft of oil of a deposit under both lands, Kuwait nodded an oil blockbuster along with other countries of the Persian Gulf, however, in response to the invasion, The coalition deployed troops against Sadam Husein to release Kuwait, on February 27, 1991, took the capital of Kuwait, Baghdad; More than 200 oil wells were burned by the Iraqis in which it was the hardest and most cruel battle The east, as a previous step to Baghdad, the president of the US ordered the cessation of hostilities, announcing that Kuwait had been released.

Invasion to Iraq in 2003

The United States military intervention was intended to free the Iraqi people from the Sadam Husein regime, however, Iraq had formidable oil reserves and was undoubtedly a factor in the conflict although not necessarily the main one, the possibility of the possibility ofThat Iraq stored weapons of mass destruction, but without a doubt it was a fact the intention of the Iraqi leader to control the Middle East and its energy reserves, more than a decade after the Gulf War and again with a Bush in the White House, statesUnited at the head of another international coalition, Iraq invaded on March 20, 2003. For May 1, George W. H. Bush had already completed his main clashes, the regime was overthrown and American and British imposed a provisional government. In this way the United States assured the oil supply that Iraq produces, also leave in Iraqi territory a military base with thousands of American soldiers.