UAE leaves OPEC in major blow to global oil producers' group

[darnoldrocks]

What are the ramifications of this move?

[dougie]

Very big news as the cracks begin to show in the alliance. They won't be the first. And they are a good friend of the US.

[Checked Up]

This entire situation has been very difficult for US citizens living on a fixed income! Too many seniors are forced to decide whether to buy gas for the car or eat properly. It's a terrible thing to have to deal with. I feel there should be a  fuel subsidy long before the U.S. sends a single dime to aid any foreign country affected by the impact of this war!

[rainman2]

This entire situation has been very difficult for US citizens living on a fixed income! Too many seniors are forced to decide whether to buy gas for the car or eat properly. It's a terrible thing to have to deal with. I feel there should be a  fuel subsidy long before the U.S. sends a single dime to aid any foreign country affected by the impact of this war!

What will the financial qualifications be for this?

Will it be based politically on party allegiance?

Rumor has it in the past trump wouldn’t help blue states.

The same for this if it would cone to fruition?

[Foalin at 4]

What will the financial qualifications be for this?

Will it be based politically on party allegiance?

Rumor has it in the past trump wouldn’t help blue states.

The same for this if it would cone to fruition?

 

    President Trump doesn't support the blue states DEI programs! It's all about bad policy, NYS just lost 74 million in federal funding over tractor trailer drivers who can't understand road signs and read English! Our governor believes these drivers are ok! 

[rainman2]

 

    President Trump doesn't support the blue states DEI programs! It's all about bad policy, NYS just lost 74 million in federal funding over tractor trailer drivers who can't understand road signs and read English! Our governor believes these drivers are ok!

President Trump doesn’t want to help any of the blue states period.  Just what it is!

FYI, come to Florida, people don’t understand road signs too! Your skin color, race, and ethnicity doesn’t matter!

[Kirby's Ace]

 

    President Trump doesn't support the blue states DEI programs! It's all about bad policy, NYS just lost 74 million in federal funding over tractor trailer drivers who can't understand road signs and read English! Our governor believes these drivers are ok!

Just like Biden with the Red states hiuh? Butcsince its Trump the Terrible now Dems ate crying foul!

[rainman2]

Just like Biden with the Red states hiuh? Butcsince its Trump the Terrible now Dems ate crying foul!

How many times did Biden do it?

Did Trump help red states help red states after fema was left on its own any much needed assistance??

[dougie]

With the UAE leaving OPEC, it allows them to sell as "free agents" no longer under the constraints of OPEC's price structure. In my humble opinion, I think Kuwait and the Saudis might jump out in the near future. The future of energy needs shows OPEC as a old and tired alliance that has been weakened by the Iranian attacks on the gulf states. The best solution. Everybody sell their own oil for whatever they can get.

[rainman2]

With the UAE leaving OPEC, it allows them to sell as "free agents" no longer under the constraints of OPEC's price structure. In my humble opinion, I think Kuwait and the Saudis might jump out in the near future. The future of energy needs shows OPEC as a old and tired alliance that has been weakened by the Iranian attacks on the gulf states. The best solution. Everybody sell their own oil for whatever they can get.

Does this mean gas will be $2/gallon or $12/gallon??

[dougie]

No one knows for sure. But the UAE and the Gulf states have a great relationship with the US. So, i'm betting this will be great for the US.