Blowout

The oil and gas industry—left to its own devices—will mindlessly follow its own nature. It will make tons of money. It will corrode and corrupt and sabotage democratic governance. It will screw up and—in the end—fatally injure the whole freaking planet. And yes, it will also provide oil and gas along the way! And jobs for the workers who produce those things for it. The end-times battle that we’re engaged in now is to figure out how to get along without oil and gas—and we’re plugging away but still a ways off from that—and, in the meantime, commit to a whole new level of constraint and regulatory protection against this singularly destructive industry to minimize its potential harms.

They depend on cheating. Putin and his minions cheat at the financial markets. They cheat at the Olympics. They cheat at their own fake democracy. They cheat other people out of their democracies.

The fascists in attendance complained about being called Nazis. The outright Nazis sporting swastika tattoos said they were a little hurt by that.

Putin and his siloviki operate in accordance with the simple principles of Joseph Goebbels: Play on the emotions; the bigger the lie, the better; lies should be repeated many times….Unfortunately, it works.

We can see how many of the Euro-Atlantic countries are actually rejecting their roots, including the Christian values that constitute the basis of Western civilization. They are denying moral principles and all traditional identities: national, cultural, religious and even sexual. They are implementing policies

In sum, countries that depend on oil for their livelihood eventually become among the most economically troubled, the most authoritarian, and the most conflict-ridden in the world.

A trained Soviet KGB operative then heading its successor outfit, the FSB, Putin had done the sitting Russian president the memorable favor of successfully derailing the criminal investigation into the Yeltsin clan. He did so by blackmailing Russia’s prosecutor general with a fake sex tape.

Climate disaster has put a spotlight on the need for human society to evolve beyond dependence on petroleum, but our very capacity to decide on that—or anything—remains at risk as long as the industry is still ranging like a ravenous predator on the field of democracy.

The country, meanwhile, has eroded into a stultifying economic sinkhole for average Russians. “Despite receiving $1.6 trillion from oil and gas exports from 2000 to 2011, Russia was not able to build a single multi-lane highway during this time. There is still no interstate highway linking Moscow to the Far East,” Karen Dawisha wrote in her richly detailed 2014 book, Putin’s Kleptocracy.

Oil extraction is much more capital-intensive than it is labor-intensive—which means it doesn’t produce a lot of lasting jobs. But in the end, it does produce big revenues when it’s sold on the global market. That sets the stage for grand-scale corruption of the political class: people who can maneuver themselves into getting a cut of that sale price of oil will find themselves quickly rich, whether or not they actually expend any effort to pump the stuff out of the ground.

The Donbas was a heavily populated and productive manufacturing area, with Donetsk alone accounting for about 12 percent of Ukraine’s gross domestic product. The area nearby also accounted for something near 90 percent of Ukraine’s oil and gas production, and fracking technology promised to open new fields. Grabbing the Donbas was a twofer. Russia could cripple the teetering economy of Ukraine and scoop up a healthy supply of oil and gas. Novorossiya!

feel the pull of its centripetal force

Accuracy just never really captured the expansiveness of his vision, or the arc of a good story well told.

It's easy to look back on those strange days at the end of September 2003 and identify the warnings signs about Putin and Russia that American policy makers missed. But it would be unfair to them, and unfair to history, to do so without recognizing that the way things turned out was not inevitable. There really was the spore of a bright, new future in 2003, and it is certainly true that Russia itself had the resources and the capability to go in another direction. That things turned out as they did is a tragedy, a sprawling but explicable tragedy. And it is not Russia's alone.

One hundred repetitions make one truth. The defenders of the truth can be overwhelmed by repeated lies.” No lie was too outlandish, as long as it could at least plausibly confuse the real news,

Here’s the crux of the matter. Oil and gas companies do the kind of risky, capital-intensive work that the average Joe, the average mom-and-pop business, even the average country, doesn’t do for itself. In so doing, they can make a spectacular pile of money, but they can also make a tremendous amount of mess. And ruin. And even catastrophic, polluting apocalypse, when they really put their shoulder into it. But they are also big enough and hold enough sway that even big powerful governments tend to defer to them when it comes to how to best police their behavior.

Berlusconi, in particular, was a role model for Putin according to Zygar: The Italian prime minister “had used his business empire to win elections and then used politics to further enrich his business. That made Berlusconi a natural ally of Putin’s. Neither man ever criticized or found fault with the other.

Standard DNA is shot through the oil industry, as are Standard’s dominant traits: a penchant for pinching pennies, an eagerness to devour and expand, a mistrust and even hatred of government regulation, a vaguely delusional sense of higher calling, and a wary respect for innovation. Worth keeping these traits in mind, because they’ve gone on to shape the modern world. They still function as a character sketch—or maybe a psychological profile—of the richest, most powerful, and most destructive industry on the globe.

Aubrey McClendon had increased his personal wealth nearly 50 percent in a single year, to $3 billion,