Despite last week's agreement by Saudi Arabia and Russia to end their price war, the oil market remains in free-fall amid the virtual shut-down of the world economy by the COVID-19 pandemic. The price of the main US oil benchmark, West Texas Intermediate, fell on April 20 to $30 below zero—the first time oil prices have ever turned negative. This means anyone trying to sell a barrel would have to actually pay a buyer. The global industry output of 100 million barrels a day would appear to be on borrowed time. (NYT)

In Episode 50 of the CounterVortex podcast, Bill Weinberg notes frightening advances toward a fascist world order amid the COVID-19 crisis. With police-state measures being imposed worldwide, Donald Trump is claiming "total" executive power and threatening to "adjourn" Congress. That he is doing so in the name of lifting rather than enforcing the lockdown is certainly an irony, but either way it represents exploitation of the crisis for a power-grab. Even under a best-case scenario of a post-pandemic return to "normality," it will be in the context of an unprecedented totalizing surveillance state.

It's certainly an irony that with police-state measures mounting worldwide to enforce lockdowns and contain COVID-19, Trump is now claiming sweeping executive power to lift lockdowns in the US in spite of the pandemic. Asserting his prerogative to override state governors and order economies open again, Trump stated April 13: "When someone is president of the United States, the authority is total." After requisite media outcry, he later reiterated this assertion on Twitter. (NYT, The Guardian) The response in media and the Twittersphere has been to call this out as blatantly unconstitutional. While it is, of course, necessary to point out the illegitimacy of Trump's pretended power-grab, it is also side-stepping the real threat here: of the pandemic being exploited to declare an actual "state of exception" in which constitutional restraints are suspended altogether—perhaps permanently.

The chairman of the Mashpee Wampanoag Tribe announced March 27 that the US Secretary of the Interior has issued an order disestablishing its reservation on Massachusetts' Cape Cod and taking its land out of federal trust. Chairman Cedric Cromwell Qaqeemasq said in a statement: "[T]oday—on the very day that the United States has reached a record 100,000 confirmed cases of the coronavirus and our Tribe is desperately struggling with responding to this devastating pandemic—the Bureau of Indian Affairs informed me that the Secretary of the Interior has ordered that our reservation be disestablished and that our land be taken out of trust. Not since the termination era of the mid-twentieth century has a Secretary taken action to disestablish a reservation."

In a rare move, the US Department of Justice issued an indictment against Venezuelan President Nicolás Maduro on March 26. Maduro and 14 current and former Venezuelan officials have been charged with narco-terrorism, corruption, drug trafficking and other crimes. The DoJ alleges that Maduro conspired with the FARC, Colombia's guerrilla army, prior to becoming the president, and continued to do after assuming power. The indictment charges that this nexus has congealed under the name "Cartel of the Suns," and that Maduro continues to collude with dissident factions of the FARC that remain in arms despite the Colombian peace accords. Attorney General William Barr said the aim of the conspiracy is "to flood the United States with cocaine." 

The American Civil Liberties Union (ACLU) on March 24 filed a lawsuit against US Immigration & Customs Enforcement (ICE) calling for the immediate release of at-risk immigrant detainees in the face of the COVID-19 outbreak. The suit was brought on behalf of 13 immigrants that are currently held in California detention centers. The suit calls for the immediate release of these immigrants due to their "advanced age and underlying medical conditions" that make them "especially vulnerable to the potentially fatal COVID-19 infection while they are confined in crowded and unsanitary conditions where social distancing is not possible." The plaintiffs suffer from conditions such as diabetes, severe asthma, high blood pressure, gout, hypothyroidism, severe anemia and more.

Already depressed oil prices are now plummeting in response to the COVID-19 pandemic. Global oil consumption is said to be in "free-fall," and predicted to lead to the largest "annual contraction in history." Bloomberg reports that oil traders fear that demand "may contract by the most ever this year, easily outstripping the loss of almost 1 million barrels a day during the great recession in 2009 and even surpassing the 2.65 million barrels registered in 1980, when the world economy crashed after the second oil crisis." (OilChange)

Some 60,000 asylum-seekers sent back by the United States to Mexico until their claims can be heard in US courts face a longer wait in Mexican limbo after the US Supreme Court issued an order on March 11 that allowed a controversial anti-immigration policy to stand. An appeals court in San Francisco had ruled that the policy—officially called the Migrant Protection Protocols, but known as "Remain in Mexico"—was unlawful in the two border states under its jurisdiction: Arizona and California. The new order means asylum-seekers must now pin their hopes on the outcome of an expected formal appeal by President Donald Trump's administration—but that might not play out through the courts until early 2021.