U.S. Imperialism Strives for Global Hegemony
The rapid development of energy demand in China
and south Korea in recent decades and the
continuing high demand in Japan has become a
source of competition for existing and emerging
energy producers. Russia with new pipelines into
China has established itself as a large supplier
of oil and gas in competition with Saudi Arabia
and other west Asian and African producers and
emerging LNG exporters in the United States.
The obstacle for Russian energy commodities to
reach greater markets in south Korea and Japan is
the U.S. military occupation of both Japan and
south Korea and blockade of the Democratic
People's Republic of Korea.
Russia and many oligarchs in Japan and south
Korea would like to see both oil and gas pipelines
come down through China or Russia directly into
the DPRK and continue through south Korea and
eventually underwater to Honshu in Japan. They
also want rail lines in the Korean Peninsula to
connect with Chinese routes to the west via the
New Silk Road, the Belt and Road Initiative and
with a possible tunnel to Japan.
With U.S. energy production now greater than U.S.
demand, the issue for a faction of the U.S.
imperialists has become one of opening up energy
markets in Asia and raising or at least
stabilizing the price of oil and gas. When the
U.S. was a large importer of oil and gas it sought
to gain control of foreign energy suppliers and
keep the prices low. The U.S. was the main
opposition to OPEC and any attempt to restrict the
supply of oil and gas in the international market
to stabilize prices at least at their prices of
production.
For the U.S. a conundrum has developed from its
fracking bonanza. The sudden quantity of oil and
gas has meant downward pressure on prices. To deal
with the problem, U.S. imperialism has unleashed
new attacks on other producers to suppress oil and
gas production and seize their markets.
In an unprecedented
frenzy the U.S. has unleashed sanctions and
boycotts against oil and gas producers and
invasion and war. Until recently before the U.S.
hydraulic fracturing allowed the U.S. to become
mostly self-sufficient in oil, Venezuela was a
major supplier to the U.S. Through sanctions and
sabotage, the U.S. imperialists have destroyed
much of Venezuela's oil production and markets.
Iran's oil production and economy are effectively
stymied by U.S. sanctions while invasion and war
have destroyed considerable energy production in
Libya and Syria. The U.S. imperialists have
pressured European companies and governments to
oppose Russian oil and gas projects through
sanctions such as those against the construction
of the Nord Stream 2 and Turkstream pipelines.
In contrast, Japan, both south and north Korea and China are
keen on having increased oil and gas production,
lower prices and a wider number of suppliers.
Japan and the Korean Peninsula do not have
substantial proven oil and gas reserves and China
is only beginning to explore and develop its
energy resources, and is currently producing 3.9
million bbl per day, somewhat less than Canadian
production of 4.6 million bbl per day but well
below the 15 million bbl per day the U.S.
produces.
Many in the ruling elite in Japan would welcome a
resolution of the isolation of the DPRK because in
their view that would open the possibility of
Russian gas and oil being piped down to Japan
through the Korean Peninsula and then underwater
to Honshu, Japan. As well, they want to see rail
lines and highways up the entire Korean Peninsula
to China and Russia and beyond along the New Silk
Road. Even within the U.S. financial oligarchy,
opposition to the Russian energy and other sectors
is not unanimous as some sections are connected to
and profit from that sector and more broadly from
the Russian economy while others welcome lower
energy prices.
The situation in
east Asia and Europe and throughout the world is
perilous. In Europe the U.S. strives to retain its
dominance through sanctions and military threats.
In east Asia, the U.S. is repositioning its
military to directly confront China and the DPRK,
and any forces in Japan and south Korea that may
desire to break free from its domination. In west
Asia and north and sub-Saharan Africa, the U.S.
and other imperialists are waging open warfare
against the peoples that want to gain control of
their economies and countries.
Canadians have the social responsibility to make Canada
a factor for peace. This requires Canada leaving NATO and NORAD and
breaking all military alliances and agreements with the U.S.
imperialists. On the economic front, Canadians must gain control over
the strategic energy sector not only as an economic measure
beneficial to Canadians and the social and natural environment but in
order to remove Canada's energy sector from global imperialist
contention and to make it a factor for peace not war.”
This article was published in
Volume 50 Number 12 -
Article Link:
U.S. Imperialism Strives for Global Hegemony
Website: www.cpcml.ca
Email: editor@cpcml.ca
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