Russia in opec+.
They’re all aligning with one common goal. Keep control of the most important market in the world. They have experienced people in charge that treat this as the most important thing for their countries. We have people that downplay its importance while focusing on rainbows and unicorns. Stupid.
https://twitter.com/javierblas/status/1577578162539692032?s=21&t=0aMLMkvVnRlHKN5dm1KesQ
If it wasn’t affecting the global economy so much, this comedy of errors would all be funny. It only gets worse from here. Wait for our gas export ban, coming soon. The people in charge will be surprised by the effects.
I get your sentiment, but have problems with these guys jerking us around. Of course if we were taking more advantage of our own resources we wouldn’t be so vulnerable.
I was really hoping the Euro/Germany energy crisis would be wake up call. Today’s reactions to opec cuts are pretty discouraging on that front.