Thursday, February 2, 2017

FULL BORE OPEC HEADS EXPLODE

Consider the crocodile. A lifeform so suited to its environment that it has not evolved in 40 million years. Peering into the underlying venality of some of the stuff that happens right in front of one's face is sometimes pretty vicious, like a crocodile. I don't think politics has changed in that length of time either.

 VDH was pretty funny with this one:
He (Trump) calls for full-bore gas and oil development, a common culture in lieu of identity politics, secure borders, deregulation, tax reform, a Jacksonian foreign policy, nationalist trade deals in places of globalization, and traditionalist values.
If the US takes energy development to the next level, it will see the immediate collapse of Russia, Saudi Arabia, Iran, Iraq, OPEC, Venezuela, etc., economic warfare not seen since FDR in 1939!  That worked out splendidly if you owned defense stocks or war material production facilities.

I'd have some sympathy for the talking heads if any of them raised this issue, but I've seen no sign that they have. On the other hand, I don't spend any time looking at the old organs of politics and political chicanry anymore. Needless to say, I don't have any sympathy for OPEC. OTOH, lower energy prices usually mean good things for the 3rd world.

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