Why would anybody care? They can keep all of their oil for themselves. We now have Tesla cars thanks to Elon’s geniuses so oil is not needed anymore. I don’t understand why I keep reading these news as if I should be scared… Boo fucking hoo. No oil anymore? Not a single flying duck has given. Tell me you sand people:
If you don’t sell your worthless oil… how are you gonna earn these precious US dollars which the FED just printed a few trillions recently?
Yeah you can’t.
The dollar has infinite supply and oil do not. You will run out of oil one day but the US will forever print the shit out of the USD.
Get mad.
Topic: Saudi Arabia and OPEC Reveal Surprise Oil Production Cut - page 2. (Read 164 times)
https://news.bitcoin.com/saudi-arabia-and-opec-reveal-surprise-oil-production-cut-white-house-insists-cuts-arent-advisable-right-now/
On Sunday, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was coordinated with some members of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC members as a “precautionary measure” to stabilize the oil market.
White House response
https://www.bloomberg.com/news/articles/2023-04-02/opec-output-cuts-aren-t-advisable-right-now-white-house-says#xj4y7vzkg
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Are the US authorities no longer in control of the world situation?
On Sunday, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was coordinated with some members of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC members as a “precautionary measure” to stabilize the oil market.
White House response
https://www.bloomberg.com/news/articles/2023-04-02/opec-output-cuts-aren-t-advisable-right-now-white-house-says#xj4y7vzkg
___
Are the US authorities no longer in control of the world situation?
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