Don_Dickle@lemmy.world to No Stupid Questions@lemmy.world · 1 day agoSince the US is now starting shit with Iran. And Syria changing Regimes. Also the Saudis quietelly back the US attack on Iran, and Russia still in a stalemate situation. What is OPEC going to do?message-squaremessage-square8linkfedilinkarrow-up118arrow-down10
arrow-up118arrow-down1message-squareSince the US is now starting shit with Iran. And Syria changing Regimes. Also the Saudis quietelly back the US attack on Iran, and Russia still in a stalemate situation. What is OPEC going to do?Don_Dickle@lemmy.world to No Stupid Questions@lemmy.world · 1 day agomessage-square8linkfedilink
minus-squareneidu3@sh.itjust.workslinkfedilinkEnglisharrow-up11·1 day agoFuckall. Iran isn’t in a position to do much of anything, and the rest prefer stability and even benefit from a potential rise in crude prices.
minus-squareVon LLuna@lemmy.worldlinkfedilinkEnglisharrow-up5·1 day agoI’d be shocked if you end up wrong because this is a pretty accurate assessment of the situation currently.
minus-squareFurryMemesAccount@lemmy.blahaj.zonelinkfedilinkarrow-up2·21 hours agoAlso renewables are really cheap these days. If oil prices spike too much, more things will transition, leading to more long-term oil sale losses. They can’t afford to hike prices too much.
Fuckall. Iran isn’t in a position to do much of anything, and the rest prefer stability and even benefit from a potential rise in crude prices.
I’d be shocked if you end up wrong because this is a pretty accurate assessment of the situation currently.
Also renewables are really cheap these days.
If oil prices spike too much, more things will transition, leading to more long-term oil sale losses. They can’t afford to hike prices too much.