Politicians Lose Their Minds as OPEC Cuts Oil Output

Politicians Lose Their Minds as OPEC Cuts Oil Output

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OPEC plus the international oil cartel just decide to cut production of oil by 2 million barrels per day.

This comes at a time right before U.S. elections and right at a time when oil prices were starting to fall, meaning that Russia's income from being able to sell oil and continue its war was also starting to fall.

And the United States of America, politicians lost their minds about it, saying crazy things like, “Oh, this is an act of war, we're going to stop providing military support and protection for you, Saudi Arabia. And oh, this is going to contribute to Russia gaining more income.”

You think?! Maybe if the government hadn't gotten in the way of increasing energy production, we wouldn't be in this predicament!

Timecodes
0:00 Video Overview
0:52 Intro
1:00 OPEC Cuts Oil Production
2:01 NOPEC vs OPEC
3:58 Politicians Involvement Against OPEC
5:25 More than Oil
7:21 Outro

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#OPEC #Oil