Skip to main content
Advertise Buy the paper Contact us Shop Subscribe Support us
Oil, natural gas and capitalism
War in Ukraine and the Middle East plays into the hands of the US oil and natural gas imperialists, warns ZOLTAN ZIGEDY

THE great powers — the leading players in the imperialist system — have always required a source for the energy to drive their economic engines. They needed energy resources to build and empower their military might; they needed energy to grow their national economies and power their vessels of trade and transport. Indeed, their socio-economic systems would have collapsed without ample and available energy sources.

At the dawn of the capitalist industrial era, that source came mainly from coal. Coal powered the machines that grew the productivity of labour to great new heights. It is reasonable to think that only those countries with easy access to coal could then become great capitalist powers.

Beginning at the turn of the last century, oil — an abundant, efficient, and easily stored and transported energy source — became essential for the exercise of economic and military might. As modes of transport became dependent upon petroleum products, an intense rivalry was stoked for access to oil, often found in more remote areas of the world, far removed from the great urban centres of the great capitalist powers.

Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
More from this author
Features / 9 January 2025
9 January 2025
ZOLTAN ZIGEDY reflects on the lessons from two books looking at the US labour movement and the recent history of spontaneous mass uprisings – and finds two pernicious ideologies working against the interests of the people
Features / 22 November 2024
22 November 2024
ZOLTAN ZIGEDY argues Trump’s victory shows the deep failure of liberal calculations that write off huge swathes of the electorate and mirrors the worldwide rise of right-wing populism amid Establishment collapse
OPINION / 31 October 2024
31 October 2024
From ‘middle class’ to ‘microaggressions,’ from ‘fascism’ to ‘terrorism,’ ZOLTAN ZIGEDY makes an anguished cry for us to turn away from the most misused and misleading terms and tropes – or at least use them accurately
Features / 17 September 2024
17 September 2024
The left’s retreat from class, embrace of ‘hyphenated capitalisms’ and tepid reformism in tropical settings needs to be finally dumped in favour of a bold socialist programme and Leninist party organisation, writes ZOLTAN ZIGEDY
Similar stories
Britain / 13 December 2024
13 December 2024
But Unite warns that Labour has ‘missed a golden opportunity to bring the national grid under public ownership’
Features / 2 August 2024
2 August 2024
About half of Venezuela’s voting population is reliably wedded to the Bolivarian project. No other political project in Venezuela has the kind of election machine built by the forces of the Bolivarian revolution, argues VIJAY PRASHAD
World / 24 June 2024
24 June 2024