Author Thread: What is "opec" telling us aboutthe 'war' between Russia and Ukraine
TravisjustTravis

View Profile
History
What is "opec" telling us aboutthe 'war' between Russia and Ukraine
Posted : 30 Mar, 2022 08:35 AM

OPEC says Russia-Ukraine war could undercut oil demand, puts forecasts ‘under assessment’ https://www.msn.com/en-us/money/markets/opec-says-russia-ukraine-war-could-undercut-oil-demand-puts-forecasts-under-assessment/ar-AAV5c4R



Wait, wait, wait...lets reduce what is being said so that we have the least amount of moving parts.



Question #1 what Is OPEC?



The term Organization of the Petroleum Exporting Countries or (OPEC) is a cartel that aims to manage the supply of oil in an effort to set the price of oil on the world market, in order to avoid fluctuations that might affect the economies of both producing and purchasing countries.2

https://www.investopedia.com/terms/o/opec.asp



Question #2 what is a cartel:



A cartel is a collection of independent businesses or organizations that collude in order to manipulate the price of a product or service.

Cartels are competitors in the same industry and seek to reduce that competition by controlling the price in agreement with one another.

Tactics used by cartels include reduction of supply, price-fixing, collusive bidding, and market carving.

In the majority of regions, cartels are considered illegal and promoters of anti-competitive practices.

The actions of cartels hurt consumers primarily through increased prices and lack of transparency.

https://www.investopedia.com/terms/c/cartel.asp



So in simple terms, we are being told that opec is a gang of mob bosses that meet together for the purpose of making sure that they do not interfere with each others 'business dealings' (that sounds a little shady)



So, the opec mob bosses want to look out for there members...right, uh no.



So who are the oil producing nations that belong to opec?



Algeria

Angola

Congo

Equatorial Guinea

Gabon

Iran

Iraq

Kuwait

Libya

Nigeria

Saudi Arabia

United Arab Emirates

Venezuela

https://www.opec.org/opec_web/en/about_us/25.htm



Why would a group of mob bosses be concerned about a conflict between two non-members?



I proposed a theory that can explain the relationship between The Biden family and Ukraine https://www.politico.eu/article/why-ukraine-loves-joe-biden-us-election-donald-trump-russia/



The theory goes like this: "It seems to me that Biden and the evil club members are using Ukraine to launder money"



The theory would explain why a Ukraianian company sent almost $1 million to Joe Biden.

https://trendingpolitics.com/breaking-burisma-allegedly-paid-joe-biden-9-for-lobbying/



Also the theory would explain why there are 13 mob bosses in opec that are saying 'the war between Russia and Ukraine is bad for business"



As a bonus we can start to understand that maby what the Russians are doing in Ukraine is not on a mission to kill innocent people, maby Russia is liberating Ukraine from the evil clutches of a world wide crime syndicate (and the opec members are saying 'that Russian troops need to stop operating in Ukraine)

Post Reply