最新The Potential Power of West African Oil to the Economics and Energy Security.pdfVIP

Journal of Sustainable Development in Africa (Volume 10, No.4, 2009) ISSN: 1520-5509 Clarion University of Pennsylvania, Clarion, Pennsylvania The Potential Power of West African Oil to the Economics and Energy Security Interest of Euro-America in the 21st Century By Austin Ikein The strategic resources of West Africa have attracted Europeans, Americans, Arabs and lately Asians to th have political and economic relations with West Africa where Nigeria stands today since the 13 century. The historical significance of the European African Relations from the slave era through colonization is that the European territories in Africa became the treasure lands for the strategic resources deemed necessary for European development. Essentially, from the era of the Triangular Slave Trade through the industrial revolution, West Africa or the Gulf of Guinea has been the main entreport of the Black Gold the Europeans found in the labor value of Black slaves exported to the Americas and later the Palm Gold in the lucrative West African palm oil trade in the18th century that was a major lubricant to the wheels of European industrial revolution and today crude oil is the latest in a series of Black Gold treasures from the Gulf of Guinea, particularly Nigeria that is of utmost importance to the economic and military security of Euro- America and other major consumers around the world. The importance of Africa’s treasures to the development of Euro-America is felt to this day in the same way the European leaders felt in the 1800s. Reflecting historically, a European leader, King Leopold II of Belgium, upo