this post was submitted on 04 Mar 2024
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[–] [email protected] 0 points 4 months ago (1 children)

Let the US lock itself from the world, that should work.

[–] [email protected] -1 points 4 months ago

Best possible thing that could happen going forward.

[–] [email protected] 0 points 4 months ago (1 children)

EV's are bad for the American OPEC monopoly

[–] [email protected] 0 points 4 months ago (1 children)

American OPEC monopoly

What the hell does that even mean? The USA aren't even part of the OPEC^1^, how are they supposed to be in the "OPEC monopoly"? Or do you mean Venezuela with America? And why monopoly? OPEC/ OPEC+ are only responsible for 30-40%^2^ of crude production, that is a weird monopoly.

^1^ https://www.opec.org/opec_web/en/about_us/25.htm

The Organization of the Petroleum Exporting Countries (OPEC) was founded in Baghdad, Iraq, with the signing of an agreement in September 1960 by five countries namely Islamic Republic of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. They were to become the Founder Members of the Organization.

These countries were later joined by Qatar (1961), Indonesia (1962), Libya (1962), the United Arab Emirates (1967), Algeria (1969), Nigeria (1971), Ecuador (1973), Gabon (1975), Angola (2007), Equatorial Guinea (2017) and Congo (2018).

^2^ https://www.bbc.com/news/business-61188579

...Together, Opec+ countries produce about 40% of all the world's crude oil.

[–] [email protected] 0 points 4 months ago* (last edited 4 months ago) (1 children)

America controls Saudi, Kuwait, Iraq and Venezuela. Only Iran falls outside and if they start doing naughty things they are going to get invaded.

America is the largest oil producer in the entire world

https://en.wikipedia.org/wiki/List_of_countries_by_oil_production

Country Oil production September 2023 (bbl/day)

United States 12,900,000[8]

Russia 9,480,000[9]

Saudi Arabia (OPEC) 9,060,000[9]

Canada 4,778,973[10]

[–] [email protected] -1 points 4 months ago

Ah, yes. America with its magic wand controlling everything and everyone! Just yesterday evening Biden made me snort three lines of coke.