Write your abstract here. PART I "The Initial
Oil Exploration and Upstream Production in 1943".
Soon after the WW-2 ended April 16th, 1942 after USA were forced to drop 3 Atomic Bombs that compelled the Japanese Emperor to unconditional surrender to their undeclared warfare bombarding US Marine Base in Pearl Harbour while the Emperor's mandate Premier was negotiating peace in Washington D.C. US Executive Command was extremely concerned to establish substantial
oil reserves for war as oil is the main blood stream to propel their forces. Long before, US Major Oil Explorations and Upstream Productions were initiated by the entrepreneur tycoon Huges who pioneered Titanium-Tip Drilling Head that last 5 times conventional Tungsten Carbide tip. Huges started in his own tract in Texas followed by the 7 Majors known as "The Seven Sisters", namely, Exxon, Texas Oil
, Standard Oil of Indiana , Mobil Oil of Mobil , Union Pacific Oil who pioneered Hydroskimming distillation against out of date Cracking process, Continental Oil , and Royal Dutch Shell . Soon after the WW-2 ended, they were mandated by Executive Command to expand explorations in other parts of the world. Their surveys assigned to Flour Oceanic Research Inc indicated large basin in Saudi Arabia with forecast to last 34 years. Long before that period, a Turk Sheikh Turki headed his followers to find source of water in the dessert until discovered water overflowing from the top of a large block of granite in the heart of dessert to the delight of all exclaiming "Akbar Allah" . Followed by the establishment of King Turki Empire "Saudi Arabia", descended by King Faisal Al Turki . His Majesty and family were supported by the Darvish family , one among loyal followers. The Seven Sisters initiated Oil Exploration in Saudi Arabia soon after the WW-2 ended under King Faisal Al Turki concession in a Jointventure between Arab + American = Arab American Company "ARAMCO" on a 50/50 sharing basis by which the Seven Sisters shouldered liabilities in drilling, set up Pipeline Grid, Storage Tank Farm as well as an Export Terminal in RasTanurah while concessioner allocated the 50% entitlement among royal family. Market price of Benchmark Saudi Crude Oil 34-degree A.P.I. at 75 degrees F started at US$0.18 a barrel <42 US gallons>, 7.336 barrels to one ton. World rising demand pushed up oil price to US$0.87, Years thereafter US$1.98 a barrel and was stable until Japanese evergrowing industries supported overproud Emperor to ban import from the States. Having been forewarn so many times for Free Trade to no avail, Japan turn deaf ears after ultimatum in 1972 unless relaxing import, Japan shall face sudden collapse of economics that forced Aramco to exercise an abrupt measure announcing oil price hike from US$1.98 to a whopping US$12.80 a barrel September 1972 that capsized global economics, especially Japan effective bankrupt at the price of more than 4,000 companies liquidation in 1973 to the wealth of Saudi Arabia and USA. Because of limited space, please read continuation in PART II "The Shah of Iran whom I know".