Wednesday, July 26, 2006

Blood in Beirut: $75.05 a Barrel

Greg Palast

The failure to stop the bloodletting in the Middle East, Exxon’s record second-quarter profits and Iran’s nuclear cat-and-mouse game have something in common — it’s the oil.

I can’t tell you how it started — this is a war that’s been fought since the Levites clashed with the Philistines — but I can tell you why the current mayhem has not been stopped. It’s the oil.

I’m not an expert on Palestine nor Lebanon and I’d rather not pretend to be one. If you want to know what’s going on, read Robert Fisk. He lives there. He speaks Arabic. Stay away from pundits whose only connection to the Middle East is the local falafel stand.

So why am I writing now? The answer is that, while I don’t speak Arabic or Hebrew, I am completely fluent in the language of petroleum.

What? You don’t need a degree in geology to know there’s no oil in Israel, Palestine or Lebanon. (A few weeks ago, I was joking around with Afif Safieh, the Palestinian Authority’s Ambassador to the US, asking him why he was fighting to have a piece of the only place in the Middle East without oil. Well, there’s no joking now.)

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