Europe’s Immigration Problem

A European Union proposal to resettle tens of thousands of refugees from Syria and Eritrea across Europe met with strong resistance from some governments, raising doubt about its prospects.

At the same time, another EU plan for dealing with its refugee crisis—a naval operation in the Mediterranean Sea to destroy the vessels that smuggling gangs use to transport migrants—came in for criticism from United Nations Secretary-General Ban Ki-moon.

Never mind that both of these approaches are counterproductive, although not in the way that “some government” or Ban seem to think.

Rewarding these refugees for fleeing, desperate though their plight might be, does exactly nothing to solve their problem—or the problem of their fellows and future refugees in northern Africa. Instead, it only allows the problem to grow worse, and it makes the growing flood an even greater humanitarian problem and an even greater problem for the nations of Europe.

Ban made manifest the general misunderstanding of national responsibilities in this regard.

I encourage EU member states to show compassion as they consider this important proposal to share their resettlement responsibilities. This can enable the European Union to address the dramatically increasing flows of people while setting an example for other regions of the world facing similar challenges[.]

No nation, including no European nation, has a “resettlement” responsibility here. No nation is obligated to allow people—or peoples—who are not citizens to cross its border and enter without permission. And no nation has any obligation to grant that permission—such an obligation would destroy the very concept of borders. Which in turn would destroy the very concept of private property and of ownership, whether private or national.

The effort, money, energy, and other resources committed to “resettlement” (reservations? The US has some experience with the failure of that sort of thing) or to sinking boats (which won’t stem the flow in the slightest; boats like the ones refugees or their African coyotes are using are easy to cobble together) would be better spent, would be more morally spent, working the problems in the refugees’ home countries so there would be far fewer refugees in the first place.

Of course political solutions are preferable, but even with its high up front cost (while potentially being far cheaper in the long run), an included option for working the problems at the source is military intervention. Just War Theory allows for humanitarian military intervention; all that’s necessary is for the intervening country(s) to do it like they mean it.

Besides that, there’s a utilitarian reason to intervene rather than merely to absorb refugees. The refugees are not looking for a place in which to better their lives; they’re looking for a place in which to stay alive. The countries from which the refugees are flooding will only become the more violent as time passes and peaceable people leave. And those countries will become increasing threats to the peace and safety of the European nations just across the Med.

Funny Thing

…about competition and private cost control.

The Saudis and their OPEC colleagues, at the start of the shale and fracking revolution last year, made an overt decision to keep their own production up, which would allow prices to drop (much of OPEC—especially Saudi Arabia—had lots of cash reserves with which to handle the drop), which would kill American deep drilling and put those competitors out of business, restoring price control to OPEC.

However.

The US shale industry is by necessity becoming more efficient than ever. Low oil prices have become an opportunity. The Saudis have lit a fire under producers to trim the fat, deploy new productivity-boosting technologies and zero in on the most productive geology.

And

Just a year ago, popular opinion seemed to be that shale oil production was generally unprofitable if oil prices fell below $80 per barrel.

And

Statoil, for example, reported that just in a few months it cut its drilling time for new wells in Texas’ Eagle Ford formation from 21 days to 17. That kind of efficiency gain has helped “petropreneurs” reduce the cost of drilling wells from $4.5 million to $3.5 million.

Other companies are experimenting with new fracking fluids and different types of sand to create better shale-rock fractures. Some are effectively incorporating Big Data to better understand the sweet spots of geologic formations and optimal well-spacing to increase productivity.

The result is a rapid decline in the break-even price across shale plays. Already, analysts believe it is now $60 per barrel and before long will fall to $50.

Oops.