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Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

APRIL 10, 2015

However, OPEC has been in the line of fire from the western world in light of its stance of not reducing the production levels of its member nations (excluding Iran). Most view this as a strategy to squeeze the American shale production and other non-OPEC nations. (Source: opec.org). All is not well for OPEC. Venezuela’s Woes.

Saudi Arabia 150
Saudi Arabia Venezuela Iran Nigeria 150
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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

Green Car Congress

MAY 6, 2019

Nigeria or Algeria cannot do the same for their oil industry. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas. This drives the development of fossil fuels, including coal and shale production, as well as renewables.

Carbon 207
Carbon Europe Climate Change Saudi Arabia 207
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