The horrible terrorist attack in Paris has drawn a number of responses as to what to do. Both French and US forces have launched bombing raids against ISIS forces in Syria. Many are calling to again put “boots on the ground” – a euphemism for send sending more of our sons and daughters off to die. With irrational fear trumping compassion, many governors want to have nothing to do with refugees from Syria.
Nether war nor fearfulness will solve our problems. It is time for a different perspective. The chaos in the middle east cannot continue without money to pay the fighters and buy the weapons and ammunition. Much of the money to fund the terrorists comes from the sale of oil. A step was taken with the bombing raids recently when over a hundred oil tanker trucks were destroyed. These were tankers that ISIS used to sell oil on the black market. As long as they have access to the oil, ways will be found to sell it. Additionally cash from the Gulf States flows directly to ISIS. It is not the official positions of the governments of the Gulf States, but rather private donors, made rich through the sale of oil, who are contributing to ISIS.
If the terrorists will find a way to sell the oil they control, and the riches of the Gulf States donors will continue to flow to the terrorists, what is to be done? Starve the beast. Stop buying oil. Not just the black market oil or the oil produced by the Emirates, but all oil. If we don’t buy the black market oil, we go somewhere else to buy oil. But someone else will buy the oil. Same for the Gulf States oil. We buy instead from Venezuela or Nigeria. But then someone else buys the Gulf oil. The problem is that oil is a very fungible commodity. Within limits, oil is oil, no matter where it comes from.
The answer is to stop using and therefore stop buying, oil. If we completely withdraw from the market, we will effect a dramatic drop in the price of crude oil. It’s a simple matter of supply and demand. We in the United States constitute a scant 5 percent of the world population, we consume over 20 percent of the world’s resources including oil. The drop in prices means less revenue from the sale of the black market oil and lower revenues for the emirates, hence less money to fuel terror. Transitioning to an electric economy fueled with wind and solar has its costs, but so does waging war.
Transitioning away from the use of oil will happen eventually as oil on the planet runs out, why not start now and help to stabilize geopolitics in the process. Why not start now to reduce pressure on the climate that comes from burning the oil? Why not stop now to help clean the air to reduce health care costs. A final benefit would be that we could become world leaders in sustainable energy technology.