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Shale oil has lulled Americans into oilbllivio. Some have been deluded in to thinking that global oil prices, global instability in oil producing regions no longer matters in the uS, ’cause “we got oil.” Dream on suckers. Muckracker
To the politicians in DC and financiers in New York, Saudi Arabia is an island of stability in a sea of chaos. A reliable ally, willing to keep the oil flowing, year in and year out. A place that’s not vulnerable to the instability that routinely guts the countries around it.
Of course, that line of thinking is utterly misguided. The opposite is true.
In reality, Saudi Arabia is extremely fragile and much of the chaos we see in the Middle East is due to the way Saudi Arabia avoids falling to pieces. Worse, we are largely to blame for this. We go along with this charade, and our willingness to play along is doing much of the damage.
To understand why this illusion Saudi stability is so toxic, let’s dig into a very smart idea from thermodynamics called dissipative structures. In fact, the idea was so good that won Ilya Prigogine the Nobel prize in Chemistry. Prigogine’s idea provides us with insight into how everything from how biological structures (e.g. bacteria, apes…) to natural phenomena (e.g. tornadoes) to social systems (e.g. nation-states) build order and prevent collapse.
The important part of this idea for us, is that all dissipative structures grow by exporting or expelling waste products into an external environment. In other words, they achieve “order” by getting rid of the disorder produced by building it. morehere
It was such irresponsible propaganda and so many blatant lies for a media organization to sponsor that it was obvious that CNN and Wolf Blitzer had no fear of being called on the carpet for spreading war fever. The so-called “mainstream media” has been transformed into a Ministry of Propaganda.
What about the fact that Obama stabbed the Saudis in the back? I heard that the petrodollar is no longer what they are using because Obama made the deal with Iran and Pissed off the Royal Family by breaking the deal we had with them from Regan?
This is why the US needs to cut off exports of its oil and sell it all right here and let saudi sand boogers think about their shenanigans