Oil prices are rising but who will suffer?

The man in the street of course. Not the politicians who are fueling (no pun intended) the latest potential oil crisis. I think Linkin Park nailed it when they used this line in the song “Hands Held High”:

When you can’t put gas in your tank
These fuckers are laughing their way
To the bank and cashing their check

Yes, it’s the ongoing Yemen/Saudi Arabia/Iran/USA crisis that you may have seen in the news. Saudi oil refineries were hit by drone strikes that caused significant damage, with the knock-on effect being that global oil supplies have been cut by 5% and prices are going to go up at the pumps. Houthi rebels in Yemen claimed responsibility for the attacks while the US has pointed the finger at current global sparring partner, Iran. Obviously, Iran has denied any involvement despite the US allegedly having evidence to prove that the drones came from there and not Yemen.

In short, it’s you and I who will have to pay the price when fuel prices rise. If we’re lucky, that’s all that will happen. The worst case scenario is that fuel stations run out or have intermittent supplies – a situation that could well become reality should the Saudi facilities suffer further attacks and consequent damage. Then we really will feel the squeeze. It’s been approximately ten years since the last such shortage hit us here in the UK and that time, it was down to a national blockade and industrial striking. Prices soared and pumps ran dry as motorists had to endure miserable queues, fraying tempers and the not knowing when you would next be able to fill up.

A very sneaky and convenient thing happened when the shortage was finally resolved though. Prices went back down but NOT all the way down to where they were before the blockade began. If the price hike was due to the shortage then there’s no reason why the price couldn’t have returned to where it had been. Clearly, the oil giants saw the opportunity to sneak a permanent increase through while customers were just relieved to be able to get fuel again and at a lower price.

gas-1
[Source]
If I were to put on my conspiracy hat, I might even suggest that the whole thing was orchestrated on purpose to get that price increase through when there was no other justifiable reason to do so…

But back to current affairs, this latest strain on our wallets will be the direct result of world leaders once again waving their dicks about and playing power games, heedless of how the ordinary people will feel the impact of their supreme arrogance. The situation is of course complicated and I’m not going to pretend that I’m an expert on what is happening but I’ll try and summarise.

  • The Houthi rebels fighting for control of Yemen are backed by Iran
  • Their opponents – the overthrown Yemenese government of President Abdrabbuh Mansour Hadi – are continuing to fight back, backed by multiple Sunni Arab states.
  • Saudi Arabia are the principle backer of Mr Hadi’s government and the Saudis are, of course, aligned with the US who supply them arms.

So the core battle on the ground is a war between two different religious factors. But the far more dangerous aspect of Yemen’s war is the proxy war between outside states that overshadows the original conflict. As a predominately Shia country, Iran is of course going to support the Houthi rebels, especially when it means gaining greater influence in the region. Iran’s enemies – the Saudis – aren’t interested in that happening in the slightest and so they are naturally attempting to restore President Abdrabbuh Mansour Hadi’s government, get rid of the Houthis and prevent Iranian influence from creeping into a neighbouring state.

But there is another conflict taking place that is having a direct influence on the war in Yemen – the cold war between Iran and the US. Donald Trump continues to throw stones in glass houses as he takes a hardline stance with Iran which I’m sure some of Trump’s supporters and right-wing types appreciate. Don’t fuck with ‘murica! Of course, there is the irony of the President being robust with a country that he has called the world’s number one “state of terror”…the same President who was about to have peace talks with the Taliban, on US soil no less. Unbelievable.

gas-2
[Source]
However you view Trump’s stance on dealing with countries like Iran, the facts still speak for themselves. Since tearing up the nuclear deal and ramping up the sanctions on Tehran, Iran has become increasingly hostile. They have resumed enriching uranium and breached the previously imposed limit as defined by the nuclear deal. They have been accused of sabotaging oil tankers in the region and have seized others. All of this will have unfavourable effects on ordinary people when oil supply lines are disrupted.

Between this and Trump’s other actions on the world stage, he is causing a lot of chaos and conflict. It’s almost as if he is moving through a jungle and using a stick to prod tarantulas and snakes. Prod them enough and they will strike back but what else can you expect? Iran has its back to the wall – its economy suffocating beneath the weight of sanctions – so what else does anybody expect them to do? Simply keel over and do what an outside state demands them to? Would you expect the US to do that?

I’m not defending Iran because they are in no way innocent in all of this but this is yet another instance of a nuclear-equipped country telling another country that they aren’t allowed nuclear weapons. It’s double-standards of the highest order and you can see why the likes of Iran and North Korea don’t take too kindly to US and European insistence that they don’t create nuclear weapons of their own. America isn’t the shining defender of justice and liberty that it likes to portray itself as because, at the end of the day, their administration’s involvement in proxy wars and meddling in foreign spheres of influence is only ever to gain or maintain input on the global sphere of influence.

It should also be said that while we will be bitching and moaning about fuel prices, the real suffering is taking place in Yemen where innocent people are being killed and their lives utterly destroyed as religious conflict and foreign policy translates into constant airstrikes and the savage destruction of their home. I can’t even begin to imagine what it’s like to live in such conditions. So perhaps spare a thought for them next time you are feeling irate about have to spend a few more pounds to put petrol in your comfy German executive saloon.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s