😂. You know WHY OPEC has reduced the daily oil production? Because Biden + plus the idiots in Europe and including the West, thought it might be a good idea to CAP the price on RUSSIAN oil. Another sanction. OPEC has said if that happens, it would damage the mechanism of the sale of oil on the world market. Russia, Saudi Arabia, UAE etc. don’t have to sell their oil, but can you imagine what would happen worldwide if they didn’t? Until an alternative energy source is developed or discovered - no current green energy can carry the base load as it doesn’t have the capabilities for industry - we need oil.
And why should they capitulate to the ridiculous demands from the West, just to supposedly punish the Russians? There are plenty of takers for oil. It is essentially a free market. If you wanna cap the price, you may lose out > not my problem.
😂. You know WHY OPEC has reduced the daily oil production? Because Biden + plus the idiots in Europe and including the West, thought it might be a good idea to CAP the price on RUSSIAN oil. Another sanction. OPEC has said if that happens, it would damage the mechanism of the sale of oil on the world market. Russia, Saudi Arabia, UAE etc. don’t have to sell their oil, but can you imagine what would happen worldwide if they didn’t? Until an alternative energy source is developed or discovered - no current green energy can carry the base load as it doesn’t have the capabilities for industry - we need oil.
And why should they capitulate to the ridiculous demands from the West, just to supposedly punish the Russians? There are plenty of takers for oil. It is essentially a free market. If you wanna cap the price, you may lose out > not my problem.