Opinion piece: How the US Pulled off an Armed Robbery of the World’s Energy Supply and Created the Petrogas-Dollar | Black Agenda Report
https://www.blackagendareport.com/how-us-pulled-armed-robbery-worlds-energy-supply-and-created-petrogas-dollar
Posted by Redd868
2 Comments
Lengthy read, so I also got a AI summary from Preplexity below. Whoever wrote this thing put in a lot of effort, bias notwithstanding.
The one thing I gleaned was
>Sitting on Europe’s doorstep, the Levantine Basin could replace piped Russian gas entirely — a goal explicitly stated by Von der Leyen.
I didn’t know they had a replacement plan to replace Russian natural gas. That causes me to reassess the business prospects for Europe.
__________________________
____________________________
The article argues that the US used its military, sanctions, and control over key energy routes to dominate global oil and gas flows, effectively turning energy trade into a system backed by US power rather than just markets. It describes this as the creation of a “petrogas-dollar” order, where countries that need energy must also operate within dollar-centered financial channels.
## Main points
– The piece says Washington has “armed robbery” leverage over the world’s energy supply, meaning it can disrupt, redirect, or pressure exporters and importers through force and financial coercion.
– It links US dominance of oil and gas to the wider strength of the dollar, arguing that energy commerce reinforces dollar demand and US influence.
– The article frames recent geopolitical events as accelerating this system rather than creating it from scratch.
## Overall takeaway
Its core claim is that the global energy economy is not neutral: the US sits at the center of a coercive system that mixes military power, sanctions, and dollar finance into one structure. The article is strongly critical of US policy and presents that system as intentionally built and maintained.
This is classic conspiracy theory stuff. The article mixes a handful of verifiable geopolitical facts (US LNG export growth, European energy dependency shift, Nord Stream sabotage) with speculative causal chains, unattributed claims, and inflammatory framing presented as fact.
For example.
* The claim that the Us orchestrated hundreds of attacks on Russian refineries. No, the US did not. Ukrain did this – after years of the US trying to prevent Ukraine from attacking Russian pipelines and infrastructure.
* The claim that the US blew up the Nord Stream pipelines. Simply not true – German investigators have identified seven suspects, including former members of a private diving school in Kyiv – all members of the Ukrainian military
* The language is hyperbolic, the piece lacks credible sources