Abstract

Pipeline to Disaster. Oil and the Middle East
Kimche, Jon | February 25, 1956 issue

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The article author is of the view that Middle East oil has become as vital to the British economy as Welsh coal. Within five years, the Middle East will be equaling in importance the traditional coal mines on which, for a century or more, the foundations of British economy have rested. And almost all this crude oil comes to Britain through the Suez Canal. Here is the basis of Britain's long-range and short-term economic-and Middle East- policy: the maintenance of the flow of Middle East oil through the Suez Canal. This has nothing directly to do with the oil companies, or with huge profits and royalties. It is a matter of basic economic need.

See Also:

OIL fields; PETROLEUM; PETROLEUM pipelines; PETROLEUM industry & trade; MIDDLE East; GREAT Britain
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