OPEC – The Musings of the Big Red Car https://themusingsofthebigredcar.com 53 years and 204,000 miles of business, CEO, leadership, startup, political, military wisdom Thu, 06 Oct 2022 14:16:40 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.11 Black Gold, Putler, And The Dark Prince https://themusingsofthebigredcar.com/black-gold-putler-and-the-dark-prince/?utm_source=rss&utm_medium=rss&utm_campaign=black-gold-putler-and-the-dark-prince Thu, 06 Oct 2022 14:16:40 +0000 https://themusingsofthebigredcar.com/?p=10828 This week OPEC+ at its 33rd OPEC and non-OPEC Ministerial Meeting held in Vienna agreed to decrease crude oil production by 2,000,000 barrels a day which will have obvious implications — bad implications — for the rising price of oil, increasing inflation, and the global economy. Taking 2,000,000 bbl/day out of the pipeline will:  1. […]

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]]> Oil War https://themusingsofthebigredcar.com/oil-war/?utm_source=rss&utm_medium=rss&utm_campaign=oil-war Sun, 08 Mar 2020 19:02:19 +0000 https://themusingsofthebigredcar.com/?p=8803 If you slept in on Daylight Savings Time, then you may have missed that we have another war erupting in the Middle East — Saudi Arabia (through the newly public Aramco which it controls) has lowered the price of its crude, while threatening to increase crude oil production by more than 2,300,000 barrels daily to […]

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