Environmental Engineering Reference
In-Depth Information
Alexandria, Egypt in February 1945: President Roosevelt (seated, right) confers
with King Ibn Saud of Saudi Arabia (seated, left) aboard an American warship
at Great Bitter Lake. The historic meeting took place while the President was en
route back to the US from the Yalta Conference.
Before the war, US companies had acquired oil stakes, alongside British
and French rivals, in Iraq and Kuwait. But the most important was the
sixty-year concession in Saudi Arabia that the Standard Oil Corporation
of California (Socal, which is today part of Chevron) bought in 1933.
