Think Progress » FLASHBACK: Ten Years Ago, Bin Laden Demanded Barrel Of Oil Should Cost $144

 

Think Progress » FLASHBACK: Ten Years Ago, Bin Laden Demanded Barrel Of Oil Should Cost $144

obl.jpgIn a 1998 interview, Osama bin Laden — the terrorist who organized 9/11 — listed as one of his many grievances against the U.S. that Americans “have stolen $36 trillion from Muslims” by purchasing oil from Persian Gulf countries at low prices. The real price of a barrel of oil should be $144, bin Laden demanded.

Ten years ago today, the price of a barrel of oil was just $11. Heading into this holiday weekend, the price of a barrel of oil rested at $144 — a thirteen-fold increase. …

Testifying before the House Foreign Affairs Committee last May, Anne Korin, the co-director of the Institute for the Analysis of Global Security, reminded Congress about bin Laden’s goal:

[A]bout ten years ago, Osama bin Laden stated that his target price for oil is $144 a barrel and that the American people, who allegedly robbed the Muslim people of their oil, owe each Muslim man, woman, and child $30,000 in back payments. At the time, $144 a barrel seemed farfetched to most. […]

I would like to impress upon this Committee that $144 a barrel oil will be perceived as a victory for the Jihadist movement and a reaffirmation that the economic warfare component of its campaign against the West is a resounding success. There is no need to elaborate on the implications of such a victory in terms of loss of U.S. prestige and our ability to prevail in the Long War of the 21st century.

Indeed, ten years later, a mission accomplished for bin Laden.

Alecto Says:


Boooosh caved into OBL back 2 days before the Mission accomplished speech, or have we all forgot that the ONLY thing OBL wanted, was to remove the bases from Saudi Arabia. And on April 30, 2003 we announced we would do just that.
http://www.globalsecurity.org/ org/ news/ 2003/ 030430-psab01.htm

Think Progress » FLASHBACK: Ten Years Ago, Bin Laden Demanded Barrel Of Oil Should Cost $144

Share this…