You are here

Did you know that by law the US guarantees israel's oil supply - no matter what?

...even if it causes US a DOMESTIC SHORTAGE???

I didn't.

Under a 1975 Memorandum of Understanding (MOU) the USA guaranteed all Israel's oil needs in the event of a crisis. This Memorandum of Understanding is quietly renewed every five years. It commits U.S. taxpayers to maintain a strategic U.S. reserve for Israel, equivalent to $3 billion in 2002 dollars. Special legislation was enacted to exempt Israel from restrictions on oil exports from the USA. Moreover, the U.S. government agreed to divert oil from the USA, even if this causes domestic shortages. The U.S. government also guaranteed delivery of oil in U.S. tankers if commercial shippers become unable or unwilling to carry oil from the USA to Israel.

I wonder which israel-first bastard signed this memorandum . . .

Memorandum of Agreement between the Governments of the United States of America and Israel - Oil, March 26, 1979

The oil supply arrangement of September 1, 1975, between the Governments of the United States and Israel, annexed hereto, remains in effect. A memorandum of agreement shall be agreed upon and concluded to provide an oil supply arrangement for a total of 15 years, including the 5 years provided in the September 1, 1975 arrangement.

The memorandum of agreement, including the commencement of this arrangement and pricing provisions, will be mutually agreed upon by the parties within sixty days following the entry into force of the Treaty of Peace between Egypt and Israel.

It is the intention of the parties that prices paid by Israel for oil provided by the United States hereunder shall be comparable to world market prices current at the time of transfer, and that in any event the United States will be reimbursed by Israel for the costs incurred by the United States in providing oil to Israel hereunder.

Experts provided for in the September 1, 1975 arrangement will meet on request to discuss matters arising under this relationship.

The United States administration undertakes to seek promptly additional statutory authorization that may be necessary for full implementation of this arrangement.

M. Dayan
For the Government of Israel

Cyrus R. Vance [at the time, Secretary of State]
For the Government of the United States

Annex to the Memorandum of Agreement concerning 0il

ANNEX

Israel will make its own independent arrangements for oil supply to meet its requirements through normal procedures. In the event Israel is unable to secure its needs in this way, the United States Government, upon notification of this fact by the Government of Israel, will act as follows for five years, at the end of which period either side can terminate this arrangement on one-year's notice.

(a) If the oil Israel needs to meet all its normal requirements for domestic consumption is unavailable for purchase in circumstances where no quantitative restrictions exist on the ability of the United States to procure oil to meet its normal requirements, the United States Government will promptly make oil available for purchase by Israel to meet all of the aforementioned normal requirements of Israel. If Israel is unable to secure the necessary means to transport such oil to Israel, the United States Government will make every effort to help Israel secure the necessary means of transport.

(b) If the oil Israel needs to meet all of its normal requirements for domestic consumption is unavailable for purchase in circumstances where quantitative restrictions through embargo or otherwise also prevent the United States from procuring oil to meet its normal requirements, the United States Government will promptly make oil available for purchase by Israel in accordance with the International Energy Agency conservation and allocation formula, as applied by the United States Government, in order to meet Israel's essential requirements. If Israel is unable to secure the necessary means to transport such oil to Israel, the United States Government will make every effort to help Israel secure the necessary means of transport.

Israeli and United States experts will meet annually or more frequently at the request of either party, to review Israel's continuing oil requirement.

Source: Israeli Foreign Ministry

A little about Cyrus R. Vance:

Cyrus Roberts Vance 1917-2002, U.S. secretary of state (1977-80) [when he signed the above memorandum], b. Clarksburg, W.Va., grad. Yale [it figures] (B.A., 1939, LL.B., 1942). After seeing action in the Navy during World War II, Vance practiced law, becoming a respected international lawyer. He entered government service as a Senate commiittee counsel in 1957. and later served in the Kennedy and Johnson administrations as secretary of the army (1961-62), deputy secretary of defense (1964-67), and U.S. negotiator to the Paris Peace Conference on the Vietnam War (1968-69). He also served as special envoy to Cyprus (1967) and Korea (1968). As President Carter 's secretary of state, Vance opposed the 1980 attempt to rescue the American hostages in Iran [I wonder why] and resigned after the mission failed. He subsequently served on several diplomatic missions, in particular as head of United Nations' efforts to negotiate an end to the violence following the dissolution of Yugoslavia (1991-92). At various times Vance also served on the boards of corporations, universities, foundations, and other organizations, and was chairman (1988-1990) of the Federal Reserve Bank of New York.

Unbelievable.

Isn't it amazing how israel-firsters all fit the typical usual suspect profile: Yale graduate, lawyer, banking agent, etc.

This simply cannot be 'just coincidence.'

____________

Related: see Wikipedia's entry on the legal force of an MOU (Memorandum of Understanding) - essentially, under international law, it's a treaty. Under US law, it's either a treaty or an executive agreement. Either way, it has the force of law.

________________________________________
Many thanks to Against Zionism (from whose comment I took the above excerpt). His wealth of knowledge about all things related to israel never ceases to amaze me.

Comments

Parasitism
I am not American, but it resembles snippets from my biologic studies:
Parasitism is one version of symbiosis ("living together"), a phenomenon in which two organisms which are phylogenetically unrelated co-exist over a prolonged period of time, usually the lifetime of one of the individuals. The requirement for a prolonged interaction precludes predatory or episodic interactions (such as a mosquito feeding on a host), which are usually not seen as symbiotic relationships. Symbiosis encompasses commensalism ("eating at the same table", wherein two organisms co-exist in the same space, and one organism benefits while neither harming nor helping the other), though mutualism (wherein both species benefit from the interaction) to parasitism, wherein one organism, usually physically smaller of the two (the parasite) benefits and the other (the host) is harmed. (Various forms of "social parasitism", kleptoparasitism, and "cheating parasitism", as discussed below, are characterized by a less close association between a parasite and a host, however.)

..now look up PERNICIOUS..

We may have a letter of Understanding, which some writers contend is a treaty under international law. But when we look at the United States law which states all treaties must be approved by the legislature to become law, one realize that the letter of understanding does not have the effect of law. International law may want to govern the United States, but it does not quite yet. And just who is going to enforce any international law? I don't see any international law police force or military force--the UN is a joke.

"We may have a letter of Understanding, which some writers contend is a treaty under international law. But when we look at the United States law which states all treaties must be approved by the legislature to become law, one realize that the letter of understanding does not have the effect of law."

You make a valid point. However, this may be true IF someone, somewhere in the United States were to contend in a court of law, that this agreement is not enforceable and that some other contradictory agreement controls.

Under the current, zionist controlled political environment, there is little to no chance of that happening. The executive branch pretty much has free reign when it comes to foreign policy.

The real point here is that the memorandum has quietly existed for over thirty years, that it is outrageous, and that the executive branch continues to renew and expand upon it whenever israel demands it.

---------------------------------------
"Money" has no value - people do.

___________________________

"Money" has no value - people do.

..in times of plenty, the parasites grow phat, but when the time to fast comes, the leeches will be most unwelcome!

that's so cool!

Very catchy - I love it!

---------------------------------------
"Money" has no value - people do.

___________________________

"Money" has no value - people do.

..very welcome, qrs!

..master race, chosen ones, what's the diff.?

"UNTIL THE DAY THE ZIONISTS DIE."

The "master race" is really the "Chosen ones"!!!

Nice article QRS!

"Hey you, Whitehouse. Ha ha,.. charade you are" Pigs/Animals/Pink Floyd

---

"I may not agree with what you say, but I'll defend to the death your right to say it" Voltaire

"Hey you, Whitehouse. Ha ha,.. charade you are" Pigs/Animals/Pink Floyd

Yes! And that's normal! Because both of them are Colonies!

INTRUDER

Just dropped a line to let you know that I directed a few of our readers over your way..

Some folks over there disagree that the US guarantees Israel's oil supply - no matter what, so I sent them over here.

I'd post a link to the over to the discussion, but I don't know your rules about doing so.

If it's OK, I'll post the link back over there from here.. Just let me know one way or another.

Welcome!

Thanks, for dropping by. Feel free to include links.

I wish it weren't true that the United States guarantees israel's oil supply no matter what. Unfortunately, according to the Memorandum of Understanding cited above, it is.

The links and sources are all there for anyone who can read.

---------------------------------------
"Money" has no value - people do.

___________________________

"Money" has no value - people do.

and is a bit over my head to tell the truth.. That is I understand, but just not so well versed in these matters..

But here's the link, and feel free to come over and lend us a hand with this one;

http://rowanreview.com/2008/01/08/anything-2/#comment-8535

Sounds like a zionist to me.

but, anyway...

"What is the allocation and conservation formula of the International Energy Agency as administrated by the U.S.?">

It makes no difference what the formula is.

Even if the formula is standardized across the board for all nations and the US applies the formula even handedly, why should the US have any arrangement with ANY country to guarantee their supply of oil "in circumstances where quantitative restrictions through embargo or otherwise also prevent the United States from procuring oil to meet its normal requirements"?

There is no legitimate reason for the US to guarantee another nation's oil supply when it can't even meet its own domestic needs.

Add to that the fact that I don't know of any similar "understanding" that the US has with any other country and you have to wonder - WHY ISRAEL?

Hope that helps.

Cheers.

---------------------------------------
"Money" has no value - people do.

___________________________

"Money" has no value - people do.

Well you will notice, nighthawk, that the little zionists LOVE to talk about how their "israel" is just a teeny tiny little thing. It's their typical, over-used, perpetual rant - among other over-used perpetual ad nauseums.

The little zionists will also tell you that you should be lucky that you live in a house with heating. Nevermind that your sweet slave tax-dollars are keeping white, marshmallow-like israeli asses nice and warm and cozy.

The little zionists will love to go on about how women in Saudi Arabia are abused and are not allowed to drive - as if THAT is their idea of staying on topic.

The little zionists will enjoy spouting off about how America gives Egypt and Jordan gobs of money. But they never reveal to anyone that since and before the bastard birth of "israel", that poor tiny little country, America has given - to current date - trillions of dollars.

And the little zionists will happily tell you that they don't need America's money - A HUGE LIE, as little tiny "israel" needs a host of which to feed on.

Nighthawk, you will also notice that no matter how much you BACK UP your info - STILL - the little zionists will completely ignore you and ask you dumb or irrelevent questions - OR - they will tell you that you didn't answer their question or make any sound points - OR - accuse you of being hysterical and racist and full of hatred........and it is all just oatmeal.....plain old, soggy, lumpy, cold, bland zionist oatmeal. And they love to shove it down our throats. We are still waiting for America to do one earth-rumbling, enormously collective HURL.

Hmmmmm...I could have made this into a post.

BTW, I like your name.

Rhiannon

Just like rules are made to be broken, laws are made to be abolished.

Speaking of aid to Israel, that sh_ty little country now demands payment in Euros since the Dollar has tanked. Are we powerful or what?

Heck, pretty soon they'll be holding us ransom for the preciouss zooold..

Heck, TAKE IT ALL TO HELL WITH YA DUMB FUCKERS.

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer