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tons of oil, and Russia 2,000,000. America’s margin had shrunk to 1.5 times that of the
Russian production. In the year 1901 America produced 9,920,000 tons of oil and Russia
12,170,000. Russia had now exceeded the oil output of America, and this was accompanied
by a great acceleration in Russia’s transformation from an agrarian society to an industrial
one. From 1907 to 1913 Russia’s industrial growth outstripped that of both America and
Germany. If continued to progress, Russia would have soon reached parity with these
advanced industrial nations.
Although the Baku oil fields of Russia were financed by other global elites, primarily the
Rothschilds and the Nobel family, it was soon realized that competition was destroying the
profitability of the oil business. Texe Marrs has an article posted on the subject from which
the following quotation is taken.
At the turn of the 20th century the world’s #1 oil producing field was in the prosperous
port city of Baku, in Azerbaijan. The famous Nobel brothers of Sweden launched the Baku
oil boom in 1873. Soon huge oil tankers from that region were traversing the globe.
Then, in 1883, oil companies owned by the Rothschild family entered the scene in Baku
followed by Rockefeller’s gigantic Standard Oil Company. Heated competition was on for
control of the world’s top producing region.
Oil derricks sprouted up everywhere in Baku, Azerbaijan. The fields were the largest in
the world at the time. At the time, Rockefeller and Rothschild were competing as the
world’s foremost oil and banking barons. But the two competitors each finally realized
that competition was not a good thing. The more oil wells they drilled, the more oil was
produced, the more the price of oil per barrel fell. This led a disgruntled John D.
Rockefeller to exclaim, “Competition is a sin!”
A solution, therefore, was soon brokered. It was decided that the world’s markets would
geographically be carved up, with the two barons, Rockefeller and Rothschild, each
having their separate, well-defined shares. Moreover, limits would be put on oil produced
globally so as to keep the market price as high as possible. Under this arrangement, both
Rothschild and Rockefeller would benefit.
Of course, all other competition would be squelched, driven out of business, including the
Nobel Oil Company in Baku.
The next course of action was that the Rockefeller-Rothschild cartel and their banker
associates (Schiff, Warburg, Morgan, et al) proceeded to fund and sponsor the Bolshevik
Communist revolution of 1917. Their puppets, Lenin, Trotsky, and Stalin, soon reigned
over the vast Soviet Russia empire.
In April of 1920, Lenin, following orders from the Rockefeller-Rothschild cartel, went into
action in Baku. Bolshevik troops and irregulars attacked and conquered the country of
Azerbaijan and launched an all-out assault on Baku. Hundreds of thousands of residents
were slaughtered, especially the families of the oil company executives, engineers, and
chief workers. Their luxurious mansions and homes were plundered, wives and children