Over nearly a half-century, since the time of Richard Nixon, American presidents have proclaimed the need for "energy independence" for the US, without ever succeeding in attaining it. During the past few years, it has become fashionable to say that the US has, in fact, become energy independent, even though it is not true. And, doubling down on this concept, there came the idea of "energy dominance," introduced by the Trump administration in June 2017. It is now used at all levels in the press and in the political debate.
No doubt, the US has good reasons to be bullish on oil production. Of the three major world producers, it is the only one growing: it has overtaken Saudi Arabia and it seems to be poised to overtake Russia in a few years. graphic source.
This rebound in the US production after the decline that started in the early 1970s is nearly miraculous. And the miracle as a name: shale oil. A great success, sure, but, if you think about it, the whole story looks weird: the US is trying to gain this "dominance" by means of resources which, once burned, will be forever gone. It is like people competing at who is burning their own house faster. What sense does it make?
Art Berman keeps telling us that shale oil is an expensive resource that could be produced at a profit only for market conditions that are unrealistic to expect. So far, much more money has been poured into shale oil production than it has returned from the sales of shale oil. "Energy dominance" seems to be just an elaborate way to lose money and resources. Again, what sense does that make?
But there is a logic in the term "energy dominance." It has to do with the way slogans are used in politics: a slogan is not just a compact way of expressing a certain political concept, it is often a coded message that hides much more than it says. So, we know that "bringing democracy" to a foreign country means to bomb it to smithereens. "Make America great again" means subsidizing the fossil fuel industry. "The Indispensable Country" means, "The American Empire." And more.
There is nothing wrong in using coded slogans: you only have to know how to decode them. So, "energy dominance" has to be decoded and turned into "military dominance." Then, things start making sense.