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The Oil Kings: How the U.S., Iran, and Saudi Arabia Changed the Balance of Power in the Middle East, by Andrew Scott Cooper
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Review
“[A] compelling chronicle of America's involvement with Middle East petroleum states.” —Michael Hiltzik, The Los Angeles Times
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About the Author
Andrew Scott Cooper holds advanced degrees from Columbia University, University of Aberdeen, and Victoria University. Dr. Cooper has worked at the United Nations and Human Rights Watch and is a columnist for PBS/Frontline's Tehran Bureau.
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Product details
Paperback: 544 pages
Publisher: Simon & Schuster; Reprint edition (September 11, 2012)
Language: English
ISBN-10: 9781439155189
ISBN-13: 978-1439155189
ASIN: 1439155186
Product Dimensions:
6.1 x 1.7 x 9.2 inches
Shipping Weight: 1.3 pounds (View shipping rates and policies)
Average Customer Review:
4.6 out of 5 stars
59 customer reviews
Amazon Best Sellers Rank:
#554,784 in Books (See Top 100 in Books)
First rate - Cooper has done a great job assembling this story (one most of the senior U.S. officials involved seem to have conveniently forgotten in their biographies) of how the United States gave the Shah carte blanch to buy any-and-all U.S. weapons (save nukes) to act as a U.S. surrogate in the Persian Gulf area: With things going rapidly down hill in Vietnam around 1970 and the Brits having announced they were pulling out "East of Suez" in 1971, the U.S. found itself with a Navy consisting of two destroyers and a sea plane tender to take care of business in the Persian Gulf and the whole Indian Ocean. Seeing, even after the fiasco in Vietnam, commies lurking behind every rock in the Mid East but with Americans less-than-eager to ramp up our military, Nixon adopted the Twin Pillars strategy - sell lots of armaments to the Saudis and Iran and they would become our friends. The Shah's appetite for ever more money (by attempting to raise the price of crude) and ever more military spending resulted in rampant inflation in Iran, a wealthy elite feeding off the billions being thrown around, and a growingly restive lower class who arguably ended up worse off under the Shah's massive development schemes, the seeds of a revolution. Kissinger is roundly pounded in this book (for good reason), but Cooper leaves out on-background another of Henry's geopolitical screw-ups: Nasser died in 1970; Sadat - like his predecessor - wanted the Sinai back, lost by Egypt in the '67 War. Sadat - unlike his predecessor - was willing to negotiate with the Israelis. Not only were the Israelis feeling invulnerable after their smashing victory in the '67 War (one general said he could hold the Bar-Lev Line on the Suez with 500 men), but Kissinger encouraged Golda Meir not to give an inch, perhaps fostering her quote "We have never had it so good." Endlessly rebuffed by the Israelis, Sadat began to make military threats to take back the Sinai, laughed off as a joke by the Israelis. When the hammer fell in the '73 War, the U.S. instigated the largest military airlift yet seen to aid the Israelis, the proximate cause of the Arab oil embargo against America (and the Dutch). Had Kissinger pushed Meir toward compromise with Sadat, perhaps no '73 War, oil embargo and its attendant price spike that caused the Shah's coffers to explode, money he continually overspent buying even more military toys. Absent this tidal wave of money, the Shah wouldn't have been able to totally screw up Iran's economy; perhaps no '79 Revolution? Quien sabe. After the '73 War, Kissinger met with Sadat and gave him a high five: The Egyptians did know how to fight after all, and they had a lot of cool weapons, most notably Soviet anti-aircraft systems that tore up a good chunk of the IAF. Kissinger welcomed Sadat to the club - we will now sell you a lot of weapons. The Saudis now have the third largest military budget on the planet, are excellent customers of the U.S. military-industrial complex, and ISIS, Al Nusra or whomever all seem well-equipped with heavy weapons. How this insanity all got started with the Shah makes most interesting reading. A real page turner, and congrats to Cooper on his first book; hope there will be many more.
With over 100 pages of notes and bibliography this book is well sourced and its author Andrew Scott Cooper has done a great job in putting them all together in a fairly well written manner, that is mostly based on his factual findings and very little about his own views and biases. Which is in stark contrast with most of the books that have been written regarding this subject. Great book to read for anyone that still thinks that the major culprit behind the fall of Pahlavi dynasty was Jimmy Carter! Or for that matter anyone that thinks Henry Kissinger is as a perfect statesman as both he and his disciples portray him to be. The parts that goes over all the backchannel diplomacy, horse-trading, conversations or misunderstanding that led to certains policies and events are also every interesting. Lastly the book fully explains the all-important role of treasury secretary Bill Simon, and objectively goes over both the pros and cons of Shah’s nationalistic agenda and his grand plans for Iran. Well worth a read !
Author Andrew Scott Cooper's first book "Oil Kings" is surprising well written and entertaining. The book is primary about the Shah of Iran, Mohammad Reza Pahlavi, and his dealings with President Richard Nixon and the duplicitous Henry Kissinger. The book centers around a secret deal between the Shah, Nixon, and Kissinger which allowed Iran to purchase best of class U.S. weapons systems, advance jet fighters, smart bombs, etc. in any quantity desired. Basically anything weapons short of nukes were available for purchase by the Shah. In return, the President would allow the Shah to raise oil prices through OPEC to cover the costs of the weapons. The U.S. was reeling from its involvement in Vietnam. The mood of the country was against any military action abroad. The country was being torn apart by protest and incidents such as the Kent State shootings still fresh in the minds of Americans. The Shah was ambitious and saw himself as the heir to the great Persian Kings of the ancient world. The Shah would use his newly acquired weaponry to protect the Persian Gulf and Israel from Soviet influence.The first series of oil price increases implemented by OPEC shocked the economies of the west. The Shah waved aside any suggestion that the price increases were endangering the oil consuming nations especially the Europeans. The Shah was blinded by his grand vision of a modern westernized Iran. No one realized the Shah was racing against time after being diagnosed with cancer.Watergate was a disaster for the U.S. - Iran relations. With the resignation of Nixon, the Shah lost his most powerful supporter in Washington. Kissinger was still Secretary of State but more and more Kissinger was finding himself on the losing side of the debate on U.S. - Iranian policy discussions in Washington. Slowly members of the Ford Administration were realizing that additional price increases would crush Europe and possibly lead to communist takeovers of the European countries. Secretary of the Treasury Simon and others were pushing for a closer relationship with the Saudis. The Saudis were opposed to rapid increases in the price of oil. As the Shah would soon learn concerning oil revenues, too much too fast was not desirable. Inflationary surges and lack of resources would lead to domestic unrest.Secretary of Defense, James Schlesinger, was one of the first cabinet members to raise concerns about the ambitions of the Shah. As the Shah became more independent of Washington and more friendly with Sadat of Egypt, Israeli interests were being threatened. Israel was being pushed to give back territory captured from Egypt in the war so it was necessary to secure their supply of oil from Iran. Egypt was also a soviet satellite, so the friendship between Iran and Egypt was causing policy makers in Washington to realize that no one had throughly thought thru the consequences of Nixon's policy towards Iran.Some Arab OPEC members were trying to link the Israel - Palestine question to the oil embargo. The Shah had pledged to protect the flow of oil and to kept Israel supplied with oil. There was even a joint U.S. and Iranian plan to invade Saudi Arabia and Kuwait to protect the flow of oil. As this plan was leaked to the press Saudi Arabia was outraged and had to move to protect their interest.Donald Rumsfeld and Dick Cheney would enter the Ford Administration and work to neutralize Kissinger's influence and together with Secretary of Treasury Simon and Alan Greenspan finally convince President Ford to initiate closer relations with the Saudis in an successful attempt to call the Shah's bluff on oil prices. Saudi is the swing producer in OPEC, meaning that the Saudi oil production can be used to meet demand. The Saudis refused to back the Shah's push for another price increase at the OPEC meeting, which meant that the Shah was financially ruined as he committed Iran to a massive spending program that was no longer affordable for Iran.The Shah had heated up the Iranian economy to a point beyond its capacity to absorb the cash coming in. There were cargo ships that were waiting to be unloaded for over 200 days, resulting in capital equipment rusting on the docks. Saudi Arabia was eager to avoid this in their country; in fact, petro-dollar recycling became a major issue for the international banking system. For example, if a bank did accept large petro-dollars deposits they could be susceptible to collapse if the funds were suddenly withdrawn.The book continues into the Carter Administration and moves quickly up to the revolution; although, the book doesn't cover the revolution itself other than the lead up and it is quickly glazed over to the end.I've summarized the story above but I didn't do the story justice as Mr. Cooper does. I've had many insights while reading this book that explained other books I'ver read on related topics. In "A Century of War: Anglo-American Oil Politics and the New World Order" by F. William Engdahl, the 1973 Bilderberg meeting minutes were published that discussed increasing the price of oil. Kissinger attended this meeting so it makes sense that Kissinger was working against the best interest of the U.S. in secrectly supporting the increase in the price of oil. The oil price was increased to make the investments by the major oil companies in the north sea profitable and to cause economic problems for the Europeans to help cover the financial problems the U.S. was having after closing the gold window.Another insight that left me wondering was how the U.S. seemed to have toppled the Shah after they lost control over him. Although Mr. Cooper never suggested that the U.S. was involved in the overthrow of the Shah of Iran, he does layout a sense of dissatisfaction with the Shah. I also got a feeling that certain insiders seem to be looking after Israel's interest once the Shah started asking for Nuclear reactors. The book will definitely provide an interesting view into the machinery of foreign policy in action. It feels like you are getting an insiders look.Get the book you won't be disappointedFor example I suggest reading the following books along with this book.A Century of War: : Anglo-American Oil Politics and the New World OrderOil, God, and Gold: The Story of Aramco and the Saudi KingsThe Hidden Hand of American Hegemony: Petrodollar Recycling and International Markets (Cornell Studies in Political Economy)Myths, Lies and Oil Wars
A must read to understand the current world events, players, and how oil is a major influence in it. I found it very informative even though I thought I was well read and knowledgeable. Like it or not oil is a controlling factor in the world economy as we see currently. It was interesting to understand how the US change from Iran to Saudi Arabia in the world of oil.Well written and researched.Lest we forget, Semper Fi!!
Historical details of the handshake deals Nixon made with the Shah of Iran that are, in part, responsible for the terrible situation we now have in the Middle East. Henry Kissinger a leading character and secret deals abound. Interesting background information, a good read!
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