Mickey Huff and Peter Phillips discuss “U-S Petro Dollar Hegemony and Global Imperialism.” The second half of 2014 saw a dramatic drop in the world price of crude oil. Today’s guests see this as a move engineered by the Obama Administration as an economic attack against Russia, part of the conflict over Ukraine. This edition of Project Censored presents a wide-ranging analyis of world energy trading and its implications, from China to Syria to western Europe and the U.S. Brazilian journalist Pepe Escobar about the threat of war being caused by US/NATO brinksmanship. In the second half of the program, independent journalist Mike Whitney (Counterpunch.org ) and political analyst Eric Draitser (of Stop Imperialism.org) discuss the connection between Ukraine, the sudden drop in oil prices, global imperialism and more.
Listen to the show here