Really?
And just how did Henry Kissinger, who was a University professor in 1960, just happen to do that? He didn’t go to work for the government until the 1970’s, I believe.
Good to see you again Satan. I was asking myself the same question, the guy must be a nut.
Henry Kissinger, in what then was in no official capacity, was talking to the Saudis, and chiding them for selling their oil for only a slight markup over the cost of getting it out of the ground. Texas Crude was still in plentiful supply, and there was almost zero environmentalist activity preventing further exploration and estraction. They had so much natural gas, that it was flared off as a waste product at refineries, just as a safety precaution. But overly cheap Saudi oil was preventing the Texas wildcatters from making the margins they would have liked to make, and the Cold War made the idea of importing so much of this crude oil seem a bad idea.
The Saudis, reluctant at first to take this advice, saw some virtue in kicking up their prices just a little, and kind of got into the habit, so to speak. OPEC was largely built to protect this nascent international oil trading, and with the oil crisis of 1972 and 1973 (still the Nixon years, you recall, and with Henry Kissinger exerting a totally excessive amount of influence within the Administration), the lessons of years earlier took hold.
Henry Kissinger may not have been a goverment figure in 1960, but he had been doing a lot of advising in years prior to Nixon coming to office.