It’s all about Big Oil’s Interests Stupid.

Wake up folks…. It is high time to realize that the whole Syrian shenanigan was nothing but Assad getting in the crosshairs between his ally Putin and his Arab foes’ interests (Qatar and Saudi Arabia).

All the rest is for the birds… no matter what the US media leads you to believe.

No one gives a rat’s ass about 120,000 people dying or Assad playing with his toys…. It’s all about money, oil and power….. Very unfortunate state of affairs but true.

The fact of the matter is that Assad refused to sign a proposed agreement with Qatar that would run a pipeline from the latter’s North field, contiguous with Iran’s South Pars field, through Saudi Arabia, Jordan, Syria and on to Turkey, with a view to supply European markets – albeit crucially bypassing Russia.

Assad’s rationale was “to protect the interests of his Russian ally, which is Europe’s top supplier of natural gas.

Instead, he pursued negotiations for an alternative $10 billion pipeline plan with Iran, across Iraq to Syria, that would also potentially allow Iran to supply gas to Europe from its South Pars field shared with Qatar.

The Iran-Iraq-Syria pipeline plan was a “direct slap in the face” to Qatar’s plans.

No wonder Saudi Prince Bandar bin Sultan, in a failed attempt to bribe Russia to switch sides, told President Vladimir Putin that “whatever regime comes after” Assad, it will be “completely” in Saudi Arabia’s hands and will “not sign any agreement allowing any Gulf country to transport its gas across Syria to Europe and compete with Russian gas exports”. When Putin refused, the Saudi Prince vowed military action through his buddies in the US Administration.

We in the US were nothing but a toy in the great scheme of things. Tough to swallow for a superpower that thinks of itself as exceptional… No wonder Putin’s remarks to President Obama.

It would seem that contradictory self-serving Saudi and Qatari oil interests are pulling the strings of an equally self-serving oil-focused US policy in Syria, if not the wider region.

It is this – the problem of establishing a pliable opposition which the US and its oil allies feel confident will play ball, pipeline-style, in a post-Assad Syria – that will determine the nature of our dealings with that rogue state: not concern for Syrian life or weapons of mass destruction. Syria is nothing more than a banana republic with antiquated armaments and generals who can barely put the lunatic rebels to the Syrian regime in check.

Now you know.

Share your thoughts.


Written by

Ziad K. Abdelnour, Wall Street financier, trader and author is President & CEO of Blackhawk Partners, Inc., a private family office that backs accomplished operating executives in growing their businesses both organically and through acquisitions and trades physical commodities – mostly oil derivatives – throughout the world.