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(Count your enemies)OPEC members Saudi Arabia, Russia consider pausing oil production increases
Posted by: Steve G.
Date: November 24, 2021 02:46PM
Saudis, Russia and others responsible for soaring gas prices. Tell your idiot Trumper relatives.

OPEC members Saudi Arabia, Russia consider pausing oil production increases

By REUTERS

Top oil producers Saudi Arabia and Russia are considering a move to pause their planned oil production increases, the Wall Street Journal reported on Wednesday, citing people familiar with the discussions.

Other members of the OPEC+ group, including the United Arab Emirates, aren’t convinced a pause is necessary, the report added.

The Biden administration announced Tuesday it will release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain, to try to cool prices after OPEC+ producers repeatedly ignored calls for more crude.
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Re: (Count your enemies)OPEC members Saudi Arabia, Russia consider pausing oil production increases
Posted by: Speedy
Date: November 24, 2021 02:51PM
Neither country can afford a pause.



Saint Cloud, Minnesota, where the weather is wonderful even when it isn't.
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Re: (Count your enemies)OPEC members Saudi Arabia, Russia consider pausing oil production increases
Posted by: Carnos Jax
Date: November 24, 2021 11:05PM
^^^This is true, particularly for Russia (it's one of their few exports).
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Re: (Count your enemies)OPEC members Saudi Arabia, Russia consider pausing oil production increases
Posted by: mattkime
Date: November 25, 2021 12:53AM
More reason to move away from oil.



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Re: (Count your enemies)OPEC members Saudi Arabia, Russia consider pausing oil production increases
Posted by: Carnos Jax
Date: November 25, 2021 03:39AM
Yup. And as far as Russia goes, they have two reasons to hate him now. He single handily destroyed their commercial space launch business after they pissed him off, and now he’s going to destroy their oil industry with his EV’s. Karma is a bitch!
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Re: (Count your enemies)OPEC members Saudi Arabia, Russia consider pausing oil production increases
Posted by: sekker
Date: November 25, 2021 10:47AM
Quote
mattkime
More reason to move away from oil.

A true statement that's been accurate for nearly 50 years when it comes to national security.
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