I think I also called it right re fracking and the impact it would have on OPEC (see below.) The Progressive mainstream media, by and large, has missed what should have been a major story in 2015, to wit, the death throes of the once-mighty and much-feared, OPEC.
Founded in 1960 in Baghdad, OPEC became a major staple of international relations in following years. It encouraged members to seize control of their oil production and sought to control the supply and, of course, the world price of hydrocarbons. It was, perhaps, the most powerful cartel in history. Those of of us old enough to remember Richard Nixon and Jimmy Carter recall how OPEC drove prices through the roof, and used oil as a weapon primarily against the West, but with considerable collateral social and economic damage throughout the world. You all know the history and don't need me to tell it. In short, during the golden era of OPEC we saw fuel shortages in the US and Europe, and, most importantly, the rise of Islam as a global force. OPEC, oil, and the rise of Islam as a political and "military" power are very much intertwined. The most important members of OPEC were and are Muslim; the Saudis alone could dictate world prices and to a large extent controlled OPEC policies, and had a huge influence on the development of today's highly retrograde and murderous strain of Islam--I saw them at work, for example, in the 1980s among the Afghan refugees in Pakistan. The Saudis for decades served as one of the major promoters and funders of international terror--the understanding being that the terrorists would leave in peace the corrupt Wahabi guardians of Mecca (topic for another day: how that understanding has frayed.)
OPEC is dead as a major player on the international scene, and only can come back to life by Progressive insistence on making the West energy deficient--Do it for Gaia! As I have written before, America's remarkable "fracking" revolution has up-ended the world's energy market for the benefit of the West (also here and here). Not everybody agrees: Here, for example, is a thoughtful article claiming that reports of OPEC's death have been exaggerated. The main argument seems to be that the Saudis ARE OPEC--don't disagree--and that they aren't going anywhere--on that, I disagree. Here and here, however, are a couple of interesting pieces laying out the serious long-term economic problems facing Saudi Arabia--and, of course, this info from our own government shows the dilemma facing OPEC. I find those convincing as well as another article which bluntly states,
So, what's going on now?That, as far as I am concerned, sums it up re OPEC, with, as stressed, the one caveat being that progressives do not stifle fracking and other moves, particularly in the US and Canada, to achieve energy independence.
The answer, in a nutshell, is the shale revolution. The new technology for extracting oil and gas from shale reserves — which, let's remember, was opposed every step of the way by progressives, and is characteristic of a special American inventiveness — has proved a boon to the economy, and to employment, and even to the environment, since the revolution is driving a lot of oil and coal to be replaced by less-carbon-intensive natural gas.
OPEC is stuck in a Catch-22: Low prices mean they don't control the market anymore; but if they raise prices, they lose control of the market.
Investment in shale is only going to continue. And that means we may be witnessing one of the most significant geopolitical and economic events of the past 50 years: the death of OPEC.
All that should be good news in the fight against terror. And it is. Today's new terrorists cannot count on the sort of heavy-duty centralized financial backing that their ancestors in the PLO, for example, got in the 1960s and 70s. In addition, of course, we have the unlamented death of the USSR; the Soviet bloc provided major support for all sorts of terror groups that ran rampant in Europe and the Middle East during those decades and even into the 1980s. (For another day will be the discussion of Iran as a major financier of terrorism--I suspect they will not have the deep pockets of the Saudi regime, even with Obama's disastrous "nuke" deal which frees perhaps as much as $150 billion in frozen assets.)
We should be sitting pretty in our "war" with the Islamic terrorists. We're not. Most of us missed a major development that has almost nullified the victory over OPEC and the Saudis. I touched upon it in a discussion of the Boston bombers, but did not fully appreciate the magnitude of the phenomenon I was describing,
Our tolerant, liberal, and inclusive system was providing these clowns (their name, I will never write) with welfare. I guess that answers one of my early questions about how these creeps supported themselves. The older one, of course, had his idiot convert wife working 80 hours a week while he sat home and collected his, yep, welfare checks. The younger murderer got his citizenship, a scholarship and welfare. Yes, just as in the olden times when you gave your executioner a gold coin to encourage him to make a swift and painless job of the beheading, it seems we pay our executioners. Even more interesting is that these cretins' scumbag parents were also collecting, even though they did not live in the USA.Progressivist policies are now second only to the Koran as the greatest support to international Islamic terror. The Progressive hatred for Western Civilization makes a perfect match with Islam's hatred for Western Civilization. As noted before, in effect, what we have is a Molotov-Ribbontrop Pact between Progressivism and Islam. We see in Germany, for example, this Progressive hatred translated into the active encouragement of Muslim "immigration" into the heart of Europe--perhaps as many as one million, mostly young men, in the past few months. The results are catastrophic, and we are only seeing the beginning. Even before this latest "refugee" crisis, we had hundreds of thousands of Muslim immigrants living in Europe, many if not most on some sort of public assistance--just like the murdering brothers in Boston--and seething with hatred for the "white dude" culture that took them in, feeds them, gives them housing, etc. The Progressive hatred for our Civilization is so complete that even when Muslim "refugees" attack favored constituencies of Progressives, e.g., women, Progressives make excuses for the Muslims and advise women to "cover up" and "keep an arms length" from men. Progressive media is full of stories worrying about the potential "backlash" against the "refugees" because of the stories (oh so carefully worded) of mass rapes and assaults by the "refugees."
As stated previously (here, for example), the Gates of Vienna have been breached, well, better said, opened from the inside. Our political betters have decided to transform fundamentally our culture into a copy of the savage cultures where Islam rules--and we are not to resist. Here at home, for one example, we see two Muslims go on a jihadist rampage in San Bernardino, and that prompts weepy calls from the bien pensants to disarm us. I guess per that logic, the attack on Pearl Harbor was a call for Americans to get rid of their personal weapons.
While our PC schools and media actively seek to undermine our will to resist, our taxpayer pounds, euros, and dollars now fund the terrorists. We are paying our executioners.
You can follow me on Twitter at Lewis Amselem@TheDiplomad