EO is designed to combat imminent interruption in oil supplies

Paul Joseph Watson
Infowars.com
Wednesday, March 21, 2012

Some analysts fear that the Obama administration’s recently passed executive order represents more than just a power grab and could in fact be part of preparations for a war with Iran.

As we documented earlier this week, the “National Defense Resources Preparedness” executive order, an update to similar EO’s passed under previous presidents, empowers the federal government to seize control of the farming industry, “all forms of energy,” all “water resources”, “all forms of civil transportation”, all health resources, and “all other materials, services, and facilities, including construction materials.”

However, a key addition to the language made by Obama is that all these industries and means of production can be seized “under both emergency and non-emergency conditions”.

This represents an effort to lay the groundwork for the complete nationalization of the U.S. economy.

It could also mean the Obama administration is now on a war footing for an imminent conflict with Iran, according to market analysts.

The order “is either a serious power grip or another sign that inside the deep recesses of the White House, they are preparing for war,” Phil Flynn, an energy analyst at PFGBest, told MarketWatch.

The executive order mandates that departments of the federal government related to defense “be prepared, in the event of a potential threat to the security of the United States, to take actions necessary to ensure the availability of adequate resources and production capability, including services and critical technology for national defense requirements.”

Despite White House spokesman Jay Carney brushing the executive order aside as a “routine piece of business,” New York Times best-selling author Edwin Black writes that its passage signals, “Obama may have quietly placed the United States on a war preparedness footing, perhaps in anticipation of an outbreak of war between Israel, the West, and Iran.”

Pointing out that the executive order is clearly designed to combat an imminent interruption in oil supplies to the United States, Black writes that the move is a precursor to any potential closure of the Strait of Hormuz, “which would obstruct some 40 percent of the world’s seaborne oil, some twenty percent of the global supply, and about 20 percent of America’s daily needs.”

With the US positioning three aircraft carriers along with numerous anti-mine ships in the Strait of Hormuz, the threat to oil markets of any potential attempt by Iran to close the key oil choke point is being tackled head on.

In addition, the recent speculation that emergency oil stocks will be released by the United States and the UK is also seen by many as a precursor to an attack on Iran.