Chevron
Podcast: geopolitics of the Essequibo dispute
In Episode 205 of the CounterVortex podcast, Bill Weinberg looks at the recent re-escalation and (hopefully) denouement of the dispute over Esequibo—an oil-rich territory controlled by Guyana and claimed by Venezuela. Ironically, this claim was first asserted by the conservative, anti-communist Venezuela of the 1960s to help destabilize the anti-imperialist Guyana of Cheddi Jagan. Today, the left-populist but increasingly nationalistic regime of Nicolás Maduro even entertains hubristic claims to sovereignty over Venezuela's other much larger neighbor, Colombia. But this revanchism appears to mask the fact that "revolutionary" Venezuela largely remains a petro-state with a rentier economy, vulnerable to drops in the global oil price, even if Chinese corporate exploiters have been replacing gringo ones. With the recent easing of sanctions, US giants like Chevron have even returned to Venezuela—while the extractivist model results in indigenous resistance. Contrary to the dogmas of left and right alike, the real root of the Venezuelan crisis is that the country is insufficiently socialist.
Venezuela: oil sanctions eased, Chevron pleased
Negotiations barely got started in Mexico between representatives of Venezuelan President Nicolás Maduro and his political opposition last month before the United States announced the loosening of oil sanctions imposed on the regime. The move, allowing Chevron to begin pumping oil again, comes amid global energy shortages following Russia's invasion of Ukraine. Profits are to go to Venezuela's creditors in the US, not the state oil firm, PDVSA.
Ukraine war portends new oil shock
Long-depressed oil prices are suddenly soaring in response to the Russian invasion of Ukraine, with impacts already being felt globally. Kazakhstan, recently wracked by internal instability, is facing economic crisis as its crude exports are threatened. Most of these exports pass through a pipeline linking Kazakhstan's western oil-fields to Russia's Black Sea terminal at Novorossiysk. That terminal, owned by the Caspian Pipeline Consortium (CPC), lies within 250 kilometers of the Ukrainian port of Mariupol, now besieged by Russian forces. This proximity is sufficient for tankers loading at the Novorossiysk terminal to incur a "war risk insurance premium." According to S&P Global Platts, the premium has been high enough to deter buyers since the Russian invasion of Ukraine was launched late last month.
Burma: ousted leaders form parallel government
Ousted Burmese lawmakers and opponents of the military junta hitherto constituting the Committee Representing Pyidaungsu Hluttaw (CRPH, a reference to the lower house of the suspended parliament) on April 16 officially announced the formation of a National Unity Government. The president of this parallel civilian authority is U Win Myint, the ousted former president. Similarly, its state counselor is Aung San Suu Kyi, who was serving in that capacity before the February coup d'etat. Both U Win Myint and Suu Kyi are being held in detention by the junta, and the first demand of the NUG is for their freedom.
Military re-seizes power in Burma
Burma's military announced Feb. 1 that it has taken control of the country and imposed a state of emergency. The country's civilian leader Aung San Suu Kyi was detained in an early morning raid along with President U Win Myint and other figures associated with the ruling National League for Democracy (NLD). Although the internet was cut off by the military, Suu Kyi managed to get out a statement to social media calling on Burma's people to "protest against the coup." The military, officially known as the Tatmadaw, said the state of emergency will last for a year, during which time armed forces chief Gen. Min Aung Hlaing will rule and oversee new elections. The Tatmadaw is justifying the move by asserting that there was voter fraud in the November parliamentary elections, in which the military-linked Union Solidarity Development Party (USDP) suffered a crushing defeat to the NLD. No official election observers had made any claims of fraud. (The Irrawady, The Irrawady, The Irrawady, BBC News, BBC News, Burma Campaign)
Podcast: for total de-Trumpification
In Episode 62 of the CounterVortex podcast, Bill Weinberg grimly notes that, even with 400,000 Americans dead to COVID-19, the worst potentialities of the Trump presidency were not realized. Trump never (quite) established a dictatorship, and we didn't (quite) go over the edge into civil war. The critical task now for the country's progressive forces is to push for a maximal and thoroughgoing detrumpification—akin to the denazification of Germany after World War II. We may truly hope that the Capitol insurrection will prove to have been the last gasp of Trumpism. However, it may have been his Beerhall Putsch—and, as last time, there could be a second act. The more thoroughly Trumpism is reversed, the more likely it will be defeated and broken politically—especially given its glorification of "winning" and denigration of "weakness." The risk of sparking a backlash is not to be dismissed, but the greater risk is that of appeasement. Listen on SoundCloud or via Patreon.
Katie Halper: 'Useful Idiot' or Russian 'infiltrator'?
The popular vlogger and comedian Katie Halper, whose journalistic take-downs of the Democratic Party establishment have certainly been deftly exploited (at least) by the Kremlin propaganda machine, wears the accusation that she is a "useful idiot" for Russia as a badge of pride—"Useful Idiots" is actually the (presumably sarcastic) name of the podcast she co-hosts with the equally problematic Matt Taibbi. We've always wondered, in an academic way, if such figures really are useful idiots, or something more sinister—knowing propagandists for Vladimir Putin's deeply reactionary global ambitions. The debate has suddenly exploded onto the left-wing vlogosphere.
Iraq and Afghanistan: US troops out, Chevron in?
On a visit to Baghdad this week, Gen. Frank McKenzie, chief of the Pentagon's Central Command, announced that US forces in Iraq will be reduced in the coming weeks from some 5,200 troops to about 3,000. McKenzie later told reporters that troop levels in Afghanistan will drop from the current 8,600 to 4,500. All of this is to happen by "late October," he said. How convenient. (AP, Politico) This all smells more of politics that strategy. There are still more than 10,000 ISIS fighters remaining across Iraq and Syria, according to a UN estimate from August. So, as Defense One comments, "any 'mission accomplished' moment remains elusive to clear-eyed observers of ISIS and the Middle East."
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