this post was submitted on 06 Oct 2022
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In major setback for US and EU, OPEC+ decides to cut global oil production (peoplesdispatch.org)
submitted 2 years ago by shreddy_scientist@lemmy.ml to c/worldnews@lemmy.ml
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[–] sexy_peach@feddit.de 0 points 2 years ago (2 children)

How is this a setback?

[–] guojing@lemmy.ml 0 points 2 years ago (1 children)

Less oil means that oil and gasoline prices will go up. Biden and Scholz both asked Saudi-Arabia to increase production instead.

[–] sexy_peach@feddit.de 0 points 2 years ago

oh I saw it from the perspective that we should try to use as little oil and gas anyways.