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Sunday, April 19, 2026

Petroleum Rules the World: We Control Most of It

By ignoring all the bright thinkers and conventional analyses the President’s genius strategy has placed us in the driver’s seat. We are now the world’s top source of oil and gas and control major distribution flows of petro supplies from around the world.


Despite the best efforts of those who would utilize the preposterous climate change scare to control us and depopulate the world, petroleum still rules world economies. About 80% of all world energy is petro-based -- it fuels industrial and agricultural production along with transportation. Constricting supplies causes all prices to rise -- the inflationary effects are well-known (except perhaps to the bright thinkers promoting net zero policies, which are tanking their economies and immiserating their citizens).

For this reason, foreign policy strategists, media pundits, and governments who listened to them for decades avoided attacking Iran, fearing worldwide disruption of a critical supply. Yet at the moment, by ignoring all these bright thinkers and conventional analyses, the President’s genius strategy has placed us in the driver’s seat. We are now the world’s top source of oil and gas and control major distribution flows of petro supplies from around the world. 

Our own supplies are formidable.

The U.S. is an absolute energy monster * Sitting on 46 billion barrels of proved crude reserves (60% still locked in tight rock) * Permian Basin alone pumps 6.6 million barrels/day, more than every OPEC country except Saudi * Total U.S. crude: 13.6M barrels/day, the world’s #1 producer, beating Russia (9.1M) and Saudi (9.3M) * Natural gas? Not even close, record 43.2 trillion cubic feet in 2025, about 25% of global supply. The U.S. out-produces every petrostate on the planet. -- @hedgeye

We also control the sale and transportation of oil from Venezuela, which holds 17% of all the world’s known oil reserves. Maduro used to provide this free or cheaply to Cuba and China. Now it goes at market prices for the benefit of Venezuelans and to U.S.-approved channels.

Not only do we sit on a sea of oil and gas and control Venezuela’s output, too, but we also control the distribution of other sources around the world.

This past week, as we were mopping up the war in Iran, we signed a defense agreement with Morocco. This means we now control four major maritime checkpoints for petroleum transportation. 

Lawrence 精卫

Translated from Chinese. The United States signed a defense agreement with Morocco yesterday, which concerns the Strait of Gibraltar (the gateway between the Mediterranean and the Atlantic). Thus, in just over a year, the United States has fully controlled the world's four major maritime chokepoints: Gibraltar Malacca Hormuz Panama I don't need to spell it out -- everyone can see this is a carefully orchestrated strategy, and it feels a bit more reliable than the Belt and Road Initiative.[/quote]


 In case of war -- for example a Chinese attack on Taiwan -- the U.S. can embargo a significant portion of the world’s energy mix. At the moment both Russia and Chinese strategists must be revising their expansionist policies in light of these developments.

Like the barnyard colleagues of the Little Red Hen, European leaders are likely to try to jockey themselves into position to regain some control over the Strait of Hormuz. Victor Davis Hanson explains why like the little hen, we opened the Strait and we should alone enjoy the product of our labors:


I think now that all the heavy lifting has been done and Iran is flat on its back, you’re going to see all these opportunistic, carrion actors come in. You’re going to see the UN say, ‘Well, we’re going to be in charge of the peace,’ or you’re going to see people say, ‘This is what we’re going to do with Lebanon,’ or individual European states, or the EU, or NATO. But none of them were to be found when it was very unpopular, very risky, and Iran had this reputation -- unfounded, I think -- but it was the terror of the Middle East. We were told it was indomitable. For 47 years, you might want to go to Iraq or Afghanistan, but you don’t go near Iran. They’re too crazy. They’re too dangerous. And Donald Trump, in less than six weeks, with the help of the Israeli Air Force, demolished it. And now all of a sudden, everybody wants to pile on and think that they’re somehow responsible for the future of the new Middle East. It’s really shameless. It really is.”

Davis also provides the finest account of how Trump vanquished Iran in five weeks, where, for 47 years, it was believed to be an impossibility.

(Here is the briefest summary. You really should read it all.)

We’ve never taken on a country of 93 million people that had the most fearsome, terrible reputation of being dangerous and unpredictable, and running the Middle East with a ring of fire proxies in Syria, Iraq, Yemen, Gaza, Lebanon, indomitable.

They had terrified seven presidents. And yet in five weeks, we destroyed its ability to make war.

We found the tunnels, hidden airfields, and silos, and eliminated them. 

Iran walked right, put their head right into a noose. They said, we’re gonna shut down the Strait of Hormuz, only us can determine who gets in and who gets out, and they have to be pro-Iranian. And we’re not gonna let Gulf states sell oil. Ha ha ha. We’re gonna -- and everybody said, oh, that was brilliant. 

The Left went crazy. It was delighted. Oh my gosh. The Pentagon was caught on unprepared… The Pentagon had been preparing that for 50 years. Under Reagan, they opened it. They know how to do it. So, all that Trump said is that’s a good idea. Shut down the strait. And let in the good guys and stop the bad guys. 

But your bad guys are our good guys. And your good guys are our bad guys. So, we’re gonna take a page outta your book, and we’re not gonna let in anybody anywhere near Iran, and we’re gonna let in everybody else. And the difference between the strategies is not just that we flipped it, but you have no wherewithal. PT boats and a bunch of mines won’t stop us, but we have a huge fleet. And that will stop you from stopping us. And if you decide that you wanna send the remnants of your missiles into the Gulf or Israel, or at our fleet, go ahead. [snip] And what was the result of all that in the last 48 hours? Ships are coming in that we let, and ships are not coming in, that we don’t let, and people, economists at the major research universities in Europe, the United States, have now flipped on a dime and they’re actually looking in empirical fashion, at last, at what this means. And the ranges are absolutely stunning. $400 million, and more, per day lost economically to Iran, whether that’s lack of oil sales or petrochemical sales, or lack of key imported mechanical goods, electrical goods that keep their infrastructure running, or food. They’re in dire straits. 

They’re losing all of their income from the Strait of Hormuz and they’re losing all of their income from the petrochemical and oil. And they were broke to begin with, and they can’t do anything about it because Trump did it sequentially. Military, first, chance of negotiation, second, put the boot on the neck, third.

Unconditional surrender remains their only option now, as we have made clear.

Secretary of State Mark Rubio has flown to Cuba, and I anticipate this will result in a negotiated settlement freeing the citizens of Cuba, as we freed the citizens of Venezuela and are likely to soon free them in Iran.

If all this is not exciting enough for you, it looks like the Russiagate prosecutions are about to begin.

Source confirms to me that Joe diGenova will be sworn in on Monday as Counsel to the Attorney General to lead the Russia collusion hoax investigation. He will work out of the Fort Pierce, FLA courthouse; a grand jury has been empaneled there since January. This is the home of Judge Aileen Cannon, who presided over Special Counsel Jack Smith's documents case against the president until she determined in July 2024 that his appointment violated the Constitution and tossed the indictment.

I expect this means the grand jury has completed its work, and indictments and trials are about to begin. If the media is not embarrassed enough by its ridiculous coverage of the Iran war, predicting as it did great loss of American life and a lengthy war, wait till you see whatever shred of credibility it retains after these trials are concluded, when they all fell for the Russiagate ruse.


https://www.americanthinker.com/articles/2026/04/petroleum_rules_the_world_we_control_most_of_it.html

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