#1475 Fossil Fueled War
Best of the Left - Leftist Perspectives on Progressive Politics, News, Culture, Economics and Democracy
Jay Tomlinson
4.5 • 3.4K Ratings
🗓️ 11 March 2022
⏱️ 58 minutes
🧾️ Download transcript
Summary
Air Date 3/11/2022
Today we take a look at the intertwining oil interests that underlie many of the decisions about Russia's invasion of Ukraine and how others are responding to it. It is a tangled mess that the US, Europe and other nations are currently attempting to extract themselves from but it will be a long process.
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SHOW NOTES
Gas prices are going up, but it's not Biden's fault. Thom exposes Trump, Saudi Arabia and Putin's connection to raise gas prices.
We speak to energy and climate investigative reporter Antonia Juhasz, author of "The Tyranny of Oil: The World's Most Powerful Industry," about growing calls for a green energy revolution amid the climate crisis and rising prices for fossil fuels.
As the horrors of Russia's war on Ukraine continue, we continue focusing on efforts to counter it. Shell Oil apologizes for getting caught secretly buying cheap Russian oil.
The MR crew discusses how increasing oil production domestically is being talked about as a solution, but no one is talking about the importance of nationalizing energy.
Ch. 6: Banning Russian oil - Today, Explained - Air Date 3-8-22
Gas prices hit a record high in the United States today. Then the White House put an embargo on Russian oil. The Atlantic's Robinson Meyer explains.
The prolific author has said that kleptocratic actions are an “existential threat facing our generation.”
MEMBERS-ONLY BONUS CLIP(S)
Ch. 8: Peak Oil- It's a Crude, Crude World. - Unf*cking The Republic (UNFTR) - Air Date 2-5-22
We tie in good ol’ Milton Friedman again to discuss how trading this ubiquitous fuel went from commodity to casino.
FINAL COMMENTS
Ch. 9: Final comments on the rising demand for clean energy action in the wake of the invasion of Ukraine
TAKE ACTION!
Find Your Local:
Mothers Out Front* (*not just for mothers) Chapters
League of Conservation Voters Affiliates
Local Politics:
Find Your State Legislators and Write and Call Them
Find out if your local legislators and candidates have taken the “No Fossil Fuel Money” Pledge
Learn how to get your local candidates/legislators to sign the “No Fossil Fuel Money” pledge
National Politics:
Find out Which Members of Congress are Taking Oil and Gas Money via Open Secrets
League of Conservation Voter Environment Scorecard
EDUCATE YOURSELF & SHARE
Climate Hawks Join the Debate on Ukraine (New York Times)
Newsletter: Heat Pumps for Peace and Freedom (Bill McKibben on Substack)
Editorial: What’s better than a ban on Russian oil imports? Ending our dependence on fossil fuels (LA Times)
Written by BOTL Communications Director Amanda Hoffman
SHOW IMAGE:
Description: Close up of a white sign that says "War Sized Climate Action Now!" in black, military-style text. To the right, a silhouette of the Iwo Jima memorial shows soldiers raising a wind turbine (instead of a flag).
Credit: "CleanEnergyMarch-5-1470274" by Mark Dixon, Flickr | CC by 2.0 License | Changes: Cropped, slight increase in brightness and contrast
Transcript
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| 0:00.0 | Welcome to this episode of the award-winning Best of the Left podcast in which we shall |
| 0:07.1 | take a look at the intertwining oil interests that underlie many of the decisions about Russia's |
| 0:13.0 | invasion of Ukraine and how others are responding to it. It's a tangled mess that the US, Europe, |
| 0:19.6 | and other nations are currently attempting to extract themselves from, but it's going to be a |
| 0:24.0 | long process. Clips today are from the Tom Hartman program, Democracy Now, the Bradcast, |
| 0:30.4 | the majority report, today explained and why is this happening with an additional members only |
| 0:36.8 | clip from Uneffing the Republic. |
| 0:45.4 | Want to know why gas prices are so high? This is my piece from HartmanReport.com today. |
| 0:50.9 | It's titled Exposed, the Trump Putin and Saudi connection to high gas prices. |
| 0:55.8 | You know, it's been a couple of years and so most people have probably forgotten |
| 1:00.6 | that in 2020, during the pandemic, in April of 2020, as the whole world shut down, as you could |
| 1:07.3 | look up in the sky and there were no more jet trails, you know, vapor trails and things like that, |
| 1:11.6 | everything went quiet, the highways were quiet, the demand for oil had collapsed so much that the |
| 1:17.2 | price of oil was, you know, really, really low. It first, it got as low as $30 and $40 a barrel. |
| 1:24.2 | And then the Saudis began punishing the Russians because the Russians wouldn't go along with |
| 1:31.2 | production cuts to drive the price up. And so the Saudis opened their spigots and the price of |
| 1:36.9 | oil actually, it went down to $15 a barrel here in the United States and this is what Reuters |
| 1:43.2 | wrote at the time. This was April of 2020, quote, despite the agreement to cut a tenth of global |
| 1:48.0 | production, oil prices continued to fall to historic lows. U.S. oil futures dropped below $0 last |
| 1:54.4 | week as sellers paid buyers to avoid taking delivery of oil. They had no place to store. Brent futures, |
| 2:01.1 | the global oil benchmark fell towards $15 a barrel, a level not seen since the 1999 oil price |
| 2:07.2 | crash from as high as $70 at the start of the year. So here you have American Petro billionaires |
... |
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