This Coronavirus thing impacts everything. The oil market is no exception. I’ve committed to some pretty strong predictions about the future of the oil market and how it means the end of the current regime in Saudi Arabia. I still stand by all of those predictions, but it’s hard to say whether this current crisis accelerates the timeline, or slows it down. Starting March 6th, Saudi Arabia went to war against every other producer in the world.
I believe that the US oil industry will be the most prominent victim. The sustained period of low oil and gas prices we are about to experience may bring us to an inevitable future more quickly. Saudi Arabia will be the last oil producer. The crucial question remains the price at which they are able to sell that oil for. It’s now possible to envision a future where Saudi Arabia controls price again… but only briefly. Today’s video explains…
I have meant to do a series on frozen conflicts for a while, and I’m glad that my North Africa focus has finally led me to do a video on one of the oldest and dumbest. The frozen conflicts in the former Soviet Union are probably the most famous, including Nagorno-Karabakh in Azerbaijan, Transdneistria, Ossetia and South Abhkazia in Georgia, and now Donetsk and Luhansk in Ukraine. These conflicts are famously a way for the dastardly Putin to keep his border unstable, and maintain a Russian sphere of influence. The conflicts that the US maintains aren’t generally referred to this way, but they serve the same purpose. Korea, Afghanistan, Iraq and now Syria are also frozen or lukewarm conflicts that the United States maintains for its own (wrongly) perceived strategic interest.
Most of these conflicts are unlikely to be solved, because a regional or world power has an interest in them. That’s not the case for Western Sahara. France definitely has an interest in the continued fight between Morocco and Algeria, but nobody else does really. The fact that this conflict has derailed Moroccan-Algerian relations for almost 50 years is just dumb, as I explain in today’s video.
Merry Christmas Everybody! I’m heading out of town in a couple hours, but I’m super psyched to be able to fill one of the year’s biggest gaps by putting out a Christmas eve video on Tunisia! I intend to do a better job of keeping on top of Tunisian and North African politics in the new year. In September and October they held a series of elections that I am very late in covering. Tunisia is probably the most important country in the Middle East/North Africa region. There’s a distinct chance that what they’re doing now will be remembered long after the decades of nastiness further East have been forgotten. One can hope anyway…
I like this video, but it also reminds me of some missed opportunities. For over two years now I’ve been putting out this “Everybody’s Lying About Islam” series, but I think I’ve been falling down on one of the most central points I was trying to make. I am grateful to Ilhan Omar for giving me the opportunity to make that point more forcefully. Throughout the series I vaguely allude to the ways that Islamophobia serves the US government, even as the US government’s most prominent figures preach peace and tolerance.
In this video, I make the connection crystal clear, in ways that I should have done long ago. Islamophobia allows the US government to shield their Saudi partners from blame for 9-11, while also providing an endless series of countries to be lucratively bombed and destroyed. Ilhan Omar is the subject of extraordinary hate and vilification because she points out the facts of Islamophobia, and the ways it is used by our government. I adore her for it. Her outspoken presence in congress, and the fact of her presence alone, is a sign that the US public is tiring of this old Islamophobic ploy, which is inspiring a high degree of panic in Washington, DC.
It’s becoming clear, also, that Ms. Omar may be quite the fallible human being. The questions surrounding immigration fraud she may have committed remain. I looked at those allegations, and why the statute of limitations means they won’t prove to be Omar’s kryptonite the way many in the swamp hope in a tweet storm back when I published this video. It has since been fairly credibly alleged that Omar may be getting a little bit Trumpy with her personal behavior. Her supposed seduction of (by?) a married, very non-Muslim campaign consultant doesn’t fit with the “fanatical jihadist” slurs we find on right wing radio, but it could present an interesting, and very current campaign finance challenge. With growing rumors of petty illegality, campaign finance irregularities, and moral failings, Ilhan Omar sounds a lot like… a congress person. In the world before Trump, who knows, perhaps I’d be bothered by all this. In 2019, I’m not. Let whatever proceedings are appropriate proceed, but I don’t yet see anything that’s likely to derail this vitally important voice in Congress.
With today’s video I tie together the past month or so of production, and explain why it is that I’m so interested in North Africa. Arab democracy, human rights, human progress, all of that is lovely. But today I focus on a much more simple, dollars and cents issue: Every month the Atlantic economy is mired in war and destruction in North Africa, is a month where the Pacific Economy surpasses it. The disaster in Libya is contributing to economic stagnation in Europe and the Eastern United States. There are very self interested reasons to promote peace.
I really enjoy the way that this one connects the North Africa region together, and then connects it to the implications for the world as a whole. I don’t think enough media does that. Let me know what you think!
I have always found Algeria fascinating. It’s weirdly distinct from the rest of the Arab world. This has always been true, but it’s been especially so since the Arab Spring in 2011, an event that Algeria sat out, almost uniquely.
Most countries in the Arab world are either small or profoundly beat up. They have all lost their independence to one extent or each other, victims of Saudi Arabia’s counter-revolutionary efforts since the Arab Spring. Even Egypt, a country of 80 million that used to lead the Arab world, is reduced to taking hand outs from Saudi Arabia and the United States. Not Algeria.
Over the past two months, Algeria has been experiencing its own protest movement, and its strong man has been dethroned. People are expecting things to take a similar path to earlier Arab Spring debacles. That’s possible, but in this video I argue things may turn out differently. Because Algeria is stronger than you think it is.
Some videos come pretty easy, and today’s video is one of them. I really like it when new ways of looking at stuff pop into my head. The more I think about it though, there are other aspects to this I should have included. The shift in the oil market here is pretty extraordinary. It’s actually the birth of a sort of “Super OPEC”. It’s also an OPEC that’s a lot more dangerous for its members. With a US president in charge, especially a US president listening to Texas oilmen, military operations become a potent tool of market making.
The world, and the US, used to have a minimal investment in the stability of petro-states. In the long term, these places should be happier without US supported perma-leaders, but the short term looks increasingly grim. As oil demand peaks, the ballooning US petroleum industry will need to be protected. The US can do this by knocking off competitors one by one. This could be an underappreciated aspect of Libya’s permanent oil crisis since 2011. Petro-states on each side of the conflict have no incentive to get their proxies on the same page and producing more. Venezuela is being knocked out. So is Iran. Destabilizing Iraq would be very easy. Saudi Arabia is super shaky. A broader war in the Middle East would be horrible, but it would be pretty great for the new head of OPEC… The US president.
I don’t like covering breaking news topics. I’m happy to produce a video on a deep seated issue that gets sparked by something in the news, but I don’t like making predictions or doing video takes about an on-going story (that’s what twitter’s for!). Mid-stream analysis, the bread and butter of the cable news networks, is largely bullshit. Unfortunately, for today’s video, Khalifa Haftar of Libya ambushed me. On March 26th, I promised to do a video on Libya, a topic I had already been researching for a week or two. On April 4th, Khalifa Haftar invaded Western Libya, throwing everything up in the air.
Half of this video was drafted before April 4th. As the news has rolled in, my estimate of Haftar, already pretty negative, continued to plummet. I have tried to make this video consistent and informative in its presentation, but I’m not sure I pulled it off. A video’s title is very much a part of the experience. Usually it just advertises and reflects the content, but I think with today’s video, more buffeted by events than I like, the title may present the conclusion. I shot this video last Thursday, and have continued to research and follow developments as they have come. Haftar is not the savior he is sometimes presented to be. I hope today’s video gets that across.
This video would not have been possible without the International Crisis Group’s Libya coverage. On country after country I have found their work invaluable. They tend to be my starter source for one-shot videos like this where I won’t be reading multiple books.
After today’s video had been shot, the Wall Street Journal confirmed that Haftar has Saudi Arabia’s full support in his destruction of Libya’s chances for a settlement.
I used this headline on Haftar and the Muslim Brotherhood in the video. Keep in mind that the National is a United Arab Emirates publication, so this article may be more useful for what the UAE wants you to think about Libya, than what is actually going on.
I also used this headline from Reuters, and the article provides a nice discussion of Egypt’s shady bombing campaigns in Libya. Reuters is a US publication, so of course it’s going to downplay the fact that Washington, DC is, at root, the responsible party in this nightmare.
I really like today’s video, but I think I stuck my foot in my mouth a bit at one point. I just sort of declared that Tunisia is not a “white country”. I already know I’ll be getting a ton of comments on that. There is no settled definition of “White”. Because of some historical weirdness, in the US Arabs have generally been described as white, long before Italians or Slavs were considered to be in that category. That hasn’t kept US foreign policy from being heavily focused on bombing Arabs for the past two decades.
I try to avoid using desperately inexact terminology like “white” and “Latino”. But what I was trying to get at with today’s video was the fact that certain countries are inside the charmed circle of countries that are seen as deserving of serious help and foreign aid, and some are not. Tunisia, whatever you may think of the country’s relation to “whiteness”, is not in that charmed circle. It should be.
I’m proud of today’s video, but I wish I had delved into the topic of the Muslim Brotherhood a little more deeply before making it. I have of course looked into the issue in the past. This week I’m reading a lot about 1848, so I ended up interpreting my long settled views on the MB through that lens. Sadly I didn’t do a review of what the “Muslim Brotherhood” is supposed to be in the countries of the Arab world in 2018, until I got to the editing process. I was kind of blown away. The whole Muslim Brotherhood theory really makes no sense at all.
Saudi Arabia really doesn’t like the Muslim Brotherhood. Supposedly. In Saudi Arabia’s view of the world, it’s the Muslim Brotherhood that’s responsible for all the Sunni terrorism over the past couple decades. Saudi Arabia has nothing to do with it. It’s not Saudi Arabia, it’s this vast, international conspiracy that the Saudis are heroically fighting! Qatar’s support for the Muslim Brotherhood is supposedly one of the main reasons that Saudi Arabia is trying to isolate Qatar democratically. Yet in Saudi Arabia’s failed invasion of Yemen, one of Saudi Arabia’s great allies… is the local branch of the Muslim Brotherhood. It’s amazing how completely that undermines the narrative, but just doesn’t get talked about much. There is no real connection to an over-arching group or philosophy.
That’s because there is no over-arching group or philosophy. The Muslim Brotherhood is very powerful in Egypt. Egypt’s military is now trying very hard to crush it, as it has been doing on and off for at least 70 years now. The Brotherhood’s presence elsewhere is an artifact from the dimly remembered past, when Egypt was the leader of the Arab world. The Muslim Brotherhood is as much a parody of what it once was, as Egypt itself is. The most significant problem for the Saudi/US theory of the all powerful Muslim Brotherhood is the movement’s complete absence from Syria. The Assads apparently did a pretty good job of slaughtering the local chapter decades ago. But if the MB was this powerful force for world-wide terror… wouldn’t it have some kind of “boots on the ground” in Syria’s almost decade long coming out party for all of radical Islam’s worst pathologies? Not a thing. The Muslim Brotherhood doesn’t really exist as an international force. Wish I had remembered to get that in today’s video. But I still think it’s pretty good.