The emergence in the prices of natural gas on the planet markets is to blame for Russia, and by name itself Vladimir Putin. Thus, this bandit duo is besides liable for the overall increase in the cost of living, inflation and evident signs of stagflation felt by the globalised capitalist economy. These are facts as well known and attached to the statements of energy marketplace experts specified as Joe Biden and Mateusz Morawiecki, that they no longer request any further command. Isn't it?
The first ‘a crisis that wasn't there“
Gas feeder lines at the Yamalo-Nenetsky AO. These pipelines take gas from the wells to the processing plants.Not really. Not really. In fact, not at all, which is precisely the same as in the erstwhile equally massive operation of changing the financial system, covered by energy panic. Of course, it's expected to be the 1973 oil crisis, about which everyone knows was caused by the blackmail of arabian oil producers, avenging in the United States and Western Europe for supporting Israel during the Jom Kipur War – which is 300 percent untruth. As many as 300 – due to the fact that first there was no first crisis on the fuel market, but on the contrary, The inflationary policy of the U.S. government and the national Reserve has triggered price increases within the Western systemwhich oil producers have only responded to with delay. That's how it worked. Overturn the Bretton Woods strategy for post-war economical growth, anchoring a dollar in a gold parity.
Secondly, it is the United States, and in peculiar their State Secretary, Henry Kissinger In fact, they pressured allies, led by pre-revolutionary Iran, to proceed the policy of raising oil prices, primarily so that the resources obtained in the depreciated dollar would be utilized immediately for mass arms purchases. Linking the energy and weapons sector Sounds familiar, doesn't it?
And thirdly – triggering crisis psychosis has led to permanent securitisation of concepts of energy securitywhich, since taking into account in a memorable speechRichard Nixon of 18 April 1973, it entered the dictionary of Western propaganda permanently, infecting our part of Europe with it after 1990. The investigation of the erstwhile manipulation will allow, hopefully, to realize the scale and importance of the transformation of capitalism, for which 1 of the smoke screens remains the Russian-Ukrainian war.
A crisis that wasn't there It is no longer part of the conspiracy explanation domain, and the series of events known to global consumers as "Oil shock“ It is taught at universities as an example of successful political marketing. Books specified as “Carbon Democracy“ Timothy Mitchell[and] are academic complementary readings, leaving no illusions as to the intent of the actions of American executives (i.e. Western) economical policy, who usage acquainted and present slogans ‘growth limits“ or ‘Energy crisis” (and so not only oil, though nothing threatened the supply of coal and natural gas prices at the time) had been told by billions of people to wake up in a planet of different consumption and, in particular, another real incomes than those to which the postwar generation was accustomed. It was thanks to specified tricks that people born (such as the author of this text) in the 1970s had virtually no chance to hear a different description of the state of the economy in their lives than crisisbut simultaneously the global profit rates in trillions someway only grew invariably.
Energy, arms and currency Spiral
Smoke and flames emergence during Israel air strikes amid a flare-up of Israel-Palestinian violence, in Gaza May 12, 2021. REUTERS/Ibraheem Abu Mustafa TPX IMAGES OF THE DAYThe theoretically historical series of events was and is known. On 17 October 1973, eleven days after the outbreak of another Arab-Israeli war, six arabian oil-producing states announced a 5% simplification in oil supply and further cuts each period in which the United States will proceed its active support for the Zionist business of Palestine. In the West, especially in the US and UK, panic broke out, with queues in front of distributors, the announcement of the end of the combustion car, even a partial regulation of fuel sales, tightening velocity limits, extinguishing lights on public facilities, etc. In a word, it was more or little like a black gas crisis scenario, in front of our eyes attached to the Russian-Ukrainian War, although in practice launched much earlier, in parallel with the European Union's political decisions aiming to accelerate the energy transition towards renewable sources and speculation in the gas market.
Indeed, the foundations of changes in the energy marketplace were already developed at the end of the 1950s. Already then, global capitalism, after 1 and a half decades of aspiration with the warkeynesism of reconstruction and the start of the arms race – sought fresh opportunities. The consequence to the request to sustain continuous accumulation expansion must have been expansion, both geographically and massively, in both related cases requiring a continuous increase in oil usage and its derivatives. However, to proceed this process, including the first phase of diversification of production (primarily to Japan) – The United States had to free itself from the gold anchor firstto replace the mechanics “dollar recovery“[ii], as a consequence of the free creation of its course, as well as the request for good which oil-producing countries could buy from the main consumer country, i.e. the U.S., thus speeding up turnover and providing justification for further overproduction of the world's most crucial and completely nonexistent good: virtual money.
By the way, propaganda “threats to energy security” it had grown in the late 1960s[iii], and preparations to make the dollar the main safeguard of the planned global debt – effectively eliminated the pound, and thus the UK from its own function in the transformation. Importantly, however, since the current consequences of successive capitalist changes are besides mainly borne by a dollar – a pound sterling, freed from propaganda links with the euro and despite formal depreciation, it can be considered as part of a possible basket of currencies capable of replacing national Reserve tickets in global settlements. The fight for the form of the energy market, in peculiar the LNG invasion and the large return of atomic energy, are so besides elements of the large financial competition and the defence of the dollar against the competition of national currencies and their alliances.
Fear and margins grow...
Similarly, at the threshold of the 1970s, the increasingly evident desire to detach the American currency from the gold standard, and thus to devaluation simply had to trigger the reaction of states measuring their own income as a share of the profits from oil sales in relation to the gold parity. OPEC, which never wanted to be a cartel, or at least in its early years, did not act in this way, was, however, faced with facts made, including in peculiar the expanding maximisation of the profits of Western oil companies, which are actual retailers of retail prices. Again, this is akin to the current situation, where the increase in distributors' margins outweighs the increase in gas hub prices, with now producers countries having an even lower impact on the retail price at the final customer.
There is much more analogy. An crucial component of the American strategy was in the 1970s no only controlled management of instability in the oil extraction areabut besides deterrence of allies in peculiar from energy cooperation with the russian Union. But unlike today, despite the ongoing Cold War and the direct American business – then the national Republic authorities Germany was able not to bend, actively participating in the improvement of the russian mining manufacture in Siberia, thus gaining energy diversification over time, in our times under American force drastically and unilaterally liquidated. However, the situation of Western Europe was much more comfortable before the half-century than it is now, as in practice the alleged arabian embargo (and so mostly fictitious towards the pre-shipped oil tankers and the fast end of the war with Israel) had more than a limited impact on the European markets, inter alia due to the support given to them by... Saddam Hussein, in advance excluding Western European partners from any sanctions and restrictions applied by another producing countries[iv]. And yet the Americans and fuel companies succeeded in imposing a communicative about energy shockto confirm the effectiveness of the management strategy for controlled deficiency.
It was in 1973 that it began Permanent Scare of Mankind another breakdown and a blackout, and this is due to subsequent wars and geopolitical breakthroughs (Iranian Revolution, Kuwait's business by Iraq, etc.), and this has always been promised the exhaustion of deposits, but someway inactive worth using, and this is for ours The climate crisis and planetary apocalypse. During this period, the war in Ukraine so remains only 1 of the many scares, which in the final consciousness of consumers make full resignation of acceptance and for speculation, and manipulating energy prices, and for the macroeconomic and even civilizational transformations. The average recipients of propaganda – and energy – are full satisfied with the message "gas is expensive/prices are rising = by Putin and Russia!’, It was the same as he was guilty of the game of evil Arabs before the half century.
And we don't even want to think about who's making money out of it anymore.
Konrad Hand
[and] T. Mitchell, Carbon Democracy: Political Power in the Age of Oil, London, 2011, pp. 175-176.
[ii] Op. cit. p. 156.
[iii] Cf. study of the Ford Foundation “A Time to Choose: America’s Energy Future”, published on October 17, 1974, but summarizing the Energy Policy task launched in 1971, investigating the increasing psychosis of fuel scarcity and energy, for: R. Vitalis, Oilcraft: The Myths of Scarcity and safety that Haunt U.S. Energy Policy, Stanford, CA, 2020, p.58-59.
[iv] Op. cit, p. 67-69.
