What in the world is going on with these bubbles (video)

I just looked and its a little under half up the skimmer.

Think that little bit is what's causing it?
Positive. I could see it in the video. The skimmer looks like a toilet flushing. The water gets sucked down so far that the pump pulls air and loses prime. Then the skimmer refills because the pump has slowed down, and it primes again and the whole cycle repeats.
 
Thanks everyone.

As usual, you were correct!

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Positive. I could see it in the video. The skimmer looks like a toilet flushing. The water gets sucked down so far that the pump pulls air and loses prime. Then the skimmer refills because the pump has slowed down, and it primes again and the whole cycle repeats.

Thank you.
 
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