Skip to main content

To capture and subdue: America’s theft of Syrian oil has very little to do with money

Years of US support to Al-Qaeda and ISIS and efforts to effect regime change in the country have culminated in the theft of Syria’s oil, but is that really America’s coup de gras in Syria?

by Steven Chovanec 

Part 4 - Anchoring American troops in Syria

This is the history by which an American firm was able to secure a contract to extract oil in Syria. And while the actual resources gained will not be of much value (Syria has only 0.1% of the world’s oil reserves), the presence of an American company will likely serve as a justification to maintain a U.S. military presence in the region. “It is a fiendishly clever maneuver aimed at anchoring American troops in Syria for a long time,” Stephen Kinzer explains, one that will aid the policymakers who hold “the view that the United States must remain militarily dominant in the Middle East.

This analysis corroborates the extensive scholarship of people like Mason Gaffney, professor of economics emeritus at the University of California, who, writing in the American Journal of Economics and Sociology, sums up his thesis that throughout its history “U.S. military spending has been largely devoted to protecting the overseas assets of multinational corporations that are based in the United States… The U.S. military provides its services by supporting compliant political leaders in developing countries and by punishing or deposing regimes that threaten the interests of U.S.-based corporations.

In essence, by protecting this “global ‘sprawl’ of extractive companies” the U.S. Department of Defense “provides a giant subsidy to companies operating overseas,” one that is paid for by the taxpayer, not the corporate beneficiaries. It is hard to estimate the exact amount of money the U.S. has invested into the Syria effort, though it likely is near the trillion dollar figure. The U.S. taxpayer doesn’t get anything out of that, but companies that are awarded oil contracts do.

What is perhaps most important about this lesson however is that this is just a singular example of a common occurrence that happens all over the world. A primary function of U.S. foreign policy is to “make the world safe for American businesses,” and the upwards of a thousand military bases the U.S. has stationed across the globe are set up to help protect those corporate investments. While this history is unique to Syria, similar kinds of histories are responsible for U.S. corporation’s extractive activities in other global arenas.

So, next time you see headlines about Exxon being in some kind of legal dispute with, say, Venezuela, ask yourself how was it that those companies became involved with the resources of that part of the world? More often than not, the answer will be similar to how this U.S. company got involved in Syria.

Given all of this, it perhaps might seem to be too mild of a critique to simply say that this Syria enterprise harkens back to older imperial eras where conquerors simply took what they wished: the sophistication of colonialism has indeed improved by leaps and bounds since then.

***

Source, links:


[1][2][3]


Comments

Popular posts from this blog

"Kidnapped in Int'l Waters": Israel Intercepts Gaza-Bound Aid Ship, Detains Greta Thunberg & Others

Democracy Now!   Eleven peace activists and one journalist on board the Gaza Freedom Flotilla ship, the "Madleen," were detained by Israeli soldiers as their ship carrying vital humanitarian aid for starving Palestinians approached Gaza.    The ship was intercepted by Israeli forces in the middle of the night in international waters. Its supplies were seized and communications jammed. The unarmed activists will likely be transported to Israeli detention or "immediately deported," says Ann Wright, a U.S. military veteran who has participated in four Freedom Flotilla journeys and now serves on the steering committee of the Freedom Flotilla Coalition. She calls on citizens of countries around the world to push for the activists' release and an end to Israel's war on Gaza. 

How Israel’s Supporters Play Victim to Justify Genocide & Silence Critics

BreakThrough News   As Israel commits a live-streamed genocide in Gaza, Western media and political elites continue to center one narrative: Jewish fear. But what about the actual victims of this genocide—Palestinians? Journalist Nora Barrows-Friedman joins Rania Khalek on Dispatches for a fearless conversation on Zionist indoctrination in the Jewish diaspora, how antisemitism is being weaponized to silence critics of Israel, and how Jewish identity politics has been manipulated to cover for unspeakable crimes. From the media blackout on Israeli war crimes to the erasure of anti-Palestinian hate crimes—even in the diaspora—Nora lays bare the contradictions and power structures behind it all. 

How the EU is using anti-Russia sanctions to criminalise journalism

The EU sanctioned me and my media outlet for covering Palestine protests in Germany. It’s part of Europe’s growing authoritarianism and militarism, cloaked in language of fighting disinformation and defending democracy.   by Hüseyin Dogru   Part 2 - How the EU uses anti-Russian hysteria to smear Palestine solidarity journalism   The official rationale for sanctioning me hinges on red .’s alleged links to Russian influence. The EU sanctions listing cited just two pieces of “evidence”: that some red. staff had previously worked for Russian-funded media, and that we covered “politically controversial subjects” – specifically: Palestine. That’s it. The listing accuses me, through my work with red ., of “facilitating violent demonstrations”, amplifying “radical Islamic terrorist narratives” and claims our staff “coordinated with occupiers”. Not a single piece of evidence is cited, apart from the fact that we published footage of a pro-Palestine student occupation in Berlin. I...

UN report confirms: Israel is a terrorist state and its goal is to exterminate all Palestinians

Israeli attacks on educational, religious and cultural sites in the Occupied Palestinian Territory amount to war crimes and the crime against humanity of extermination, UN Commission says.     globinfo freexchange Israel has obliterated Gaza’s education system and destroyed over half of all religious and cultural sites in the Gaza Strip, part of a widespread and relentless assault against the Palestinian people in which Israeli forces have committed war crimes and the crime against humanity of extermination, the UN Independent International Commission of Inquiry on the Occupied Palestinian Territory, including East Jerusalem and Israel, said in a new report [yesterday]. While the Commission paid special attention to the situation in Gaza, the report focuses on attacks in the Occupied Palestinian Territory as a whole, and in Israel. “We are seeing more and more indications that Israel is carrying out a concerted campaign to obliterate Palestinian life in Gaza,” said Navi Pi...

Keir Starmer admits Ukraine a proxy war

The Grayzone   The Grayzone 's Max Blumenthal and Aaron Mate on the British PM's unintentional acknowledgement of an inconvenient truth. 

[LIVE] War in the Middle East after Iran's retaliation against Israel

globinfo freexchange      Explosions in Tel Aviv as sirens sound across Israel amid Iranian missile attacks in response to Israeli strikes.      The Israeli military continues to launch waves of strikes against Iranian military and nuclear sites, as well as major cities.   Updates:  https://www.aljazeera.com/news/liveblog/2025/6/13/live-explosions-reported-in-iran-amid-israel-tensions  

How the U.S. & Israel Used Rafael Grossi to Hijack the IAEA and Start a War on Iran

Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), allowed the IAEA to be used by the United States and Israel—an undeclared nuclear weapons state in long-term violation of IAEA rules—to manufacture a pretext for war on Iran, despite his agency’s own conclusion that Iran had no nuclear weapons program.   by Medea Benjamin - Nicolas J. S. Davies On June 12th, based on a damning report by Grossi, a slim majority of the IAEA Board of Governors voted to find Iran in non-compliance with its obligations as an IAEA member. Of the 35 countries represented on the Board, only 19 voted for the resolution, while 3 voted against it, 11 abstained and 2 did not vote. The United States contacted eight board member governments on June 10th to persuade them to either vote for the resolution or not to vote. Israeli officials said they saw the U.S. arm-twisting for the IAEA resolution as a significant signal of U.S. support for Israel’s war plans, revealing how much Isra...

War criminal Netanyahu is pushing the Orange Clown and the US into the abyss

globinfo freexchange   It seems that the war criminal Benjamin Netanyahu, is rushing to accelerate the decline of the US empire by forcing Donald Trump into an utterly devastating war with Iran.   Trump shot himself in the foot during his first term by killing the Iran nuclear deal just because he wanted to erase everything from the Obama legacy. His insane narcissism pushed him into crazy acts and made him believe that he could make another deal with Iran credited solely on him.   But now he is in big trouble because he has to deal with a corrupted psychopath who won't hesitate to burn the entire planet just to save himself.  As if the genocide of Palestinians in Gaza was not enough, the out-of-control psychopath Netanyahu, is doing whatever he can to drag the US into a war with Iran. As he realized that the Iranians are approaching the negotiating table again, (rather surprisingly with the man that killed the first deal and assassinated Qasem Soleimani), he decide...

UNHINGED CNN, FOX War Propaganda After Iran Strikes

Breaking Points   Krystal and Saagar discuss unhinged war propaganda on mainstream media. 

Trump in SHOCK: Putin & China FLIP His Grave Mistake into STUNNING Victory

Danny Haiphong   Putin & China just gave Trump a rude BRICS awakening, and this bombshell will change everything for generations to come. Geopolitical analyst Ben Norton details the truth about Trump's biggest failure against the rising power of BRICS led by Russia and China, and why the US's role as super power is now in serious question.     Related: Trump's tariffs: A unique opportunity for BRICS and the Global South to fully escape from dollar tyranny