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America is Achieving Full-Spectrum Energy Dominance — And Nobody is Paying Attention

You're not watching a war. You're watching America lock every nation on earth into energy servitude — An analysis of Richard Medhurst's "Petro-Gas Dollar" thesis — and "the way out" he missed.

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BettBeat Media and Richard Medhurst
Mar 22, 2026
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Cross-posted by BettBeat’s Newsletter
"This post by Karim of BETTBEAT and Richard Medhurst fully explores what I've mentioned before the attack on Venezuela - that they take Venezuela then Iran to cut the supply to China. On one hand, this is preparation for their imagined war on China, but as these authors point out, also an attempt to control the entire world's energy supply. But there is a way out - "renewables" and I would hope, a strategic defeat of the Empire."
- Kathleen McCroskey

Every US war, it is the same thing. The same voices say the same words: the US is losing. The war is a failure. America has never won a war. It is always the same analysis, rooted in the same 20th-century thinking — that “winning” means a white flag, a signed surrender, a conquered nation rebuilt in America’s image. Unsurprisingly, most of these commentators are the same old men still measuring victory by the standards of 1945.

I have said it many times, and I will say it again: the United States does not lose wars. If it did, it would stop waging them. Whether Afghanistan, Syria, Iraq, or Libya — failed states are not failures of Empire. They are the victories of Empire. And Empire is on a roll.

Now the same chorus rises over Iran. Left and right, the refrain is identical: this will be a disaster, America is overreaching, Iran will be its graveyard. The same voices. The same blindness. The same century-old script.

Except one voice breaks from the chorus. Like me, he is half Western European, half Arab. His name is Richard Medhurst. Perhaps our unusual identity provides a different lens — one foot in the empire, one foot in its wreckage. His Britain and my Netherlands on one side; his Syria and my Algeria on the other. Whatever the reason, I share his deep skepticism toward the conventional wisdom on American warfare. And now he has put forward a thesis bold enough to deserve serious scrutiny.

I listened to Medhurst’s unorthodox analysis of the Iran war — a sprawling, three-hour livestream delivered on March 20, 2026 — and it is harrowing. Not because it is the ravings of a conspiratorial mind, but because, claim by claim, the data holds up with a consistency that mainstream commentary has either failed to notice or refused to articulate. Medhurst argues that the United States, far from stumbling into another disastrous West Asian quagmire, is executing a calculated seizure of the planet's energy supply — and that the wars on Syria, Venezuela, Ukraine, and now Iran are not separate blunders but sequential steps toward a single goal: total energy dominance. He coins a term for the endgame: the "petro-gas dollar" or the "LNG dollar." Let us see if the term deserves to stick.

But I will say this upfront: while Medhurst maps Empire’s prison for the world with extraordinary precision, he never looks for the crack in the wall. His thesis has a blind spot — and it may be the most important part of the entire story.

We will get there. First, the prison.


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Richard Medhurst
Richard Medhurst is a Syrian-British journalist covering US politics, international affairs and the Middle East.
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