Trying to read up on the "seven sisters" original oil companies and so far it's like
Step 1. Oil is discovered
Step 2. A few American companies own all the world's oil
And I'm like wait what did I miss something. Will have to go deeper on wikipedia but I also suspect it's not much more complicated than that 🥲
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@powersource A fair amount of it boils down to: The US government granted oil rights to US companies as part of the reorganization of a society after military interventions.
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text/gemini