The "Seven Sisters" was Big Oil--the cartel of corporations that came to own almost all the oil in the Middle East. They gained this treasure by hook and by crook, in violation of the law, with help from corrupt monarchs abroad and the U.S. government, armed forces, and CIA.
We adapt to radio a new documentary. This week, Part 1 takes us from the founding of the cartel in 1928 (by Standard Oil, Shell, and BP) to the creation of OPEC in 1960.
Introduction by K.D. (See "Notes" for more info.)
"New World Notes" is produced under the auspices (Latin for "aegis") of WWUH-FM, a community service of that beacon of light in darkest Connecticut, the University of Hartford.
Of note this week: The story of how BP came to own all of the oil in Iran -- and how, in 1953, Iran's parliament tried to regain control of the country's oil -- and how the United States government responded by overthrowing Iran's democratic government and installing the Shah as dictator of Iran. (We then gave Iran's oil to US-based oil companies, not back to BP.)
Part 2 is here: http://www.radio4all.net/index.php/program/68807 .
For written commentary, photos & other graphics, videos, great links, and an archive of past installments, please see this show's Web site: http://newworldnotes.blogspot.com. Permanent link to the entry for this installment:http://newworldnotes.blogspot.com/2013/05/the-seven-sisters-and-oil-of-middle-east.html .
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