After the “Arab Spring,” Saudi Arabia gave its citizens a raise. Saudis citizens don’t pay income taxes. Most of them don’t even work. The Saudi government pays them, and to avoid the fate of the leaders in Egypt, Libya and elsewhere, the Saudis increased their citizens’ pay and pensions. They committed future funds to these payoffs.
This has presented the counterjihad movement an opportunity to strike a decisive blow into the heart of the global jihad.
Jihadist projects are funded largely through Saudi Arabia and Iran, two OPEC nations. The Taliban is a Saudi oil-money project, for example. So is the Muslim Brotherhood and the OIC. Hezbollah is an Iranian oil-money project.
OPEC is a cartel formed of primarily Islamic countries. OPEC was founded for the purpose of raising world oil prices. Jihadist activities around the world have been on the rise because jihadist funding has been on the rise. The source of that funding is oil profits, which have been on the rise.
What keeps the whole thing functioning is oil’s monopoly over the most important commodity on earth — transportation fuel.
In the 1980′s, because the rising cost of oil, many new programs were started to create a freer fuel market. Brazil launched its ambitious ethanol program, many new ethanol distilleries were built in America, Roberta Nichols created a massive methanol experiment in California, etc. But in the mid-80′s, OPEC flooded the world market with oil in order to drop world oil prices, which made all of these potentially-competitive fuels no longer competitive on price, which crashed Brazil’s program, put half the U.S. ethanol facilities into bankruptcy, and prompted California to abandon its methanol experiment.
It was a classic monopolist move. It’s the oldest trick in the monopolist’s book: Drop your price to send the competition into bankruptcy.
Once their competitors were sufficiently crippled, OPEC started raising the world oil price again.
But competing fuels have recently begun to reappear. Brazil permanently changed to flex fuel vehicles (rather than ethanol-only vehicles) for example, which has protected them from OPEC’s manipulations (when oil prices drop, drivers buy gasoline; when oil prices rise, drivers buy ethanol). Brazil’s economy is booming.
In the United States there is a growing clamor to use methanol as a fuel, ideally in flex fuel vehicles. Methanol can be made inexpensively from America’s abundant natural gas, and can be sold for half the cost of gasoline without any subsidies. If it was available as a fuel, people would buy methanol because it would save them a lot of money. But right now, it is not available as a fuel in the U.S. One bill now in Congress is trying to change that.
So let’s say the bill passes into law and methanol becomes available, and people start using methanol for fuel. Gasoline would have to drop in price to compete, or it wouldn’t sell. Everything would be wonderful. But…
Wouldn’t OPEC just drop the world price of oil to crush this new competitor?
This is where things have changed in an important way. This is our new opportunity. Saudi Arabia controls what OPEC does. The Saudis are sitting on the easiest oil to produce in the world, and therefore theirs is the cheapest oil to produce. Because of this, they dictate what the rest of the OPEC nations will do. But if methanol becomes a fuel in America, Saudi Arabia (and the global jihad movement) will be between a rock and a hard place — and it could be the end of both OPEC and the third jihad.
- It’s time to shock O.P.E.C. (counterjihadreport.com)