Comment on Since 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?

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FurryMemesAccount@lemmy.blahaj.zone ⁨1⁩ ⁨week⁩ ago

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.

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