"the only reason oil prices are high right now is because the Saudis and other OPEC members have decided to voluntarily cut millions of barrels of their production. But there’s only so far they’re going to cut, and only so long they’ll be willing to prop up the market — and by extension, Alberta’s treasury. When the Saudis decide it’s in their best interests to stop — say, when they see demand rolling over as renewables continue to take market share — they’ll happily flip the switch and flood the market all over again."

#energyextortion #energy #climate #climatedenial #climatechange #cdnpol

https://www.nationalobserver.com/2023/09/20/opinion/so-much-ethical-oil