The Coming WORLD OIL CRISIS - Paul W Kroll - May 1973

Paul W Kroll

Middle East oil literally makes the wheels of European and Japanese industry turn. If their vital oil source were choked off, panic reactions could occur, plunging the world toward chaos. There are nine nations which can cause the mighty industrial complexes of Japan, West Germany, Great Britain, France, Italy and the Benelux countries to virtually grind to a halt. Their trump card is OIL. Unless you are a student of economic geography, you may not even have heard of some of these nations and kingdoms. A quick map check will pinpoint them in a belt stretching across North Africa through the Middle East to the Indian Ocean. The nine are Abu Dhabi, Algeria, Bahrein, Iran, Iraq, Kuwait, Libya, Qatar and Saudi Arabia. - Information Supplied By: Herbert W Armstrong Library