If you're watching The Rachel Maddow Show this evening, you're hearing a lot about booming and how ineffectively it's being deployed in the Gulf. If you want to learn all about it, you should go read this immediately. By the by, do you know what moniker British Petroleum once went by? Do you? Huh? The Anglo-Iranian Oil Company. Formed first as the Anglo-Persian Oil Company following a deal struck with the then Shah in 1901. Then 50 years later Mossadeq took power in Iran and nationalized the oil, pushing the AIOC out. Then in 1953, the CIA forced Mossadeq out. And guess who got to do business in Iran again? Until, oh, about 1979? Yep. The Anglo-Iranian Oil Company. (Which became the British Petroleum Company in 1954.) Hmmm.
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