US and Israel Water Wars in Middle East

Dec 27, 2009
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Which resource is becoming more valuable than oil in the Middle East?

"Water is to the twenty-first century what oil was to the twentieth century: the commodity that determines the wealth and stability of nations.

"People who think that the West’s interventions in Iraq, Libya and Syria are only about oil are mistaken. Broadly speaking, Western interest in the Middle East is becoming increasingly about a commodity more precious than oil, namely water.

"According to the U.S.-based Center for Public Integrity, Western nations stand to make up to a US$1 trillion from privatizing, purifying and distributing water in a region where water often sells for far more than oil."

Whether it's Bechtel's $100 billion "reconstruction" contract to source, process, and distribute water in Iraq or French control of Libya's Nubian Sandstone Aquifer or Israel's reliance on Golan Heights water, it's clear global capitalists and the governments they control view hydro-imperialism as a multi-billion $ revenue stream

US Water Wars in the Middle East » CounterPunch: Tells the Facts, Names the Names
 
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