Nazi Germany largely depended on oil shipments from US Standard Oil.
Image: Adolph Hitler together with Prescott Bush, grandfather of former President George W. Bush.
- Michel Chossudovsky
Prescott Bush was a partner of Brown Brothers Harriman & Co and director of Union Banking Corporation which had close relations with German corporate interests including Thyssen Steel, a major company involved in the Third Reich’s weapons industry.
“…[N]ew documents, declassified [in 2003], show that even after America had entered the war [December 8, 1941] and when there was already significant information about the Nazis’ plans and policies, he [Prescott Bush] worked for and profited from companies closely involved with the very German businesses that financed Hitler’s rise to power. It has also been suggested that the money he made from these dealings helped to establish the Bush family fortune and set up its political dynasty” (The Guardian, September 25, 2004)
Without US support to Nazi Germany, the Third Reich would not have been able to wage war on the Soviet Union. Germany’s oil production was insufficient to wage a major military campaign. Throughout the war, the Third Reich relied on regular shipments of crude oil from US Standard Oil owned by the Rockefeller family.
The main producing countries in the early 1940s were: the United States (50% of global oil production), the Soviet Union, Venezuela, Iran, Indonesia, and Romania.
Without a steady supply of oil, Germany would not have been able to conduct Operation Barbarossa which was launched on June 22, 1941. The invasion of the Soviet Union was intent upon reaching and taking control of the oil resources of the Soviet Union in the Caucasus and Caspian sea regions: the oil of Baku.
The Unspoken Question. Where did Germany get its oil from?
Prior the December 1941, Texas oil was shipped on a regular basis to Nazi Germany.
While Germany was able to transform coal into fuel, this synthetic production was insufficient. Moreover, Romania’s Ploesti oil resources (under Nazi control until 1944) were minimal. Nazi Germany largely depended on oil shipments from US Standard Oil.
The Attack on Pearl Harbor (December 7, 1941) occurred barely six months after the launching of Operation Barbarossa (July 1941). The United States enters World War II, declaring war on Japan and the axis countries.
Trading with the Enemy legislation (1917) officially implemented following America’s entry into World War II did not prevent Standard Oil of New Jersey from selling oil to Nazi Germany. This despite the Senate 1942 investigation of US Standard Oil.
While direct US oil shipments were curtailed, Standard Oil would sell US oil through third countries. US oil was shipped to occupied France through Switzerland, and from France it was shipped to Germany:
“… for the duration of the Second World War, Standard Oil, under deals Teagle had overseen, continued to supply Nazi Germany with oil. The shipments went through Spain, Vichy France’s colonies in the West Indies, and Switzerland.”
It should be noted that a large share of Nazi Germany’s oil requirements was met by shipments out of Venezuela which at the time was a de facto US colony. …