You are viewing a single comment's thread from:

RE: The Syrian War is All About Natural Gas

in #politics7 years ago (edited)

Thank you for your contribution and for resteeming! It does seem that the US is losing Qatar to Russia. Apparently Russia is currently selling weapons both to Qatar, who now feels threatened by Saudi Arabia, and Saudi Arabia! Russia is also taking advantage of the situation to negotiate sales of their own natural gas to Saudi Arabia, while Qatar is now working on deals to collaborate with Gazprom. I wonder how the US will tackle this.

You see, it's still about fossil fuels. Because fossil fuels define markets, markets define the economy, and the economy defines power. For example, what would be the impact of a Russian-Chinese collaboration on oil and natural gas on the petrodollar and the US dollar as a no. 1 currency? What makes things really complicated (actually much more complicated than I tried to portrait for simplicity) is that geopolitics are not defined solely by countries (or state companies) but by private or semi-private companies as well. A semi-private company might be trying to keep its own state and a private investor from a rival state, both happy and serve interests of both to keep a balance. This is how things get out of hand when trying to find out exactly who's interests a particular action serves, because global economy is a jungle and alliances shift as fast as options do.

Coin Marketplace

STEEM 0.20
TRX 0.26
JST 0.039
BTC 100104.47
ETH 3619.58
USDT 1.00
SBD 3.10