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UAE to leave OPEC

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Re: UAE to leave OPEC

#491

Post by satvikpendem »

nradov wrote: post #271
Tangurena2 wrote: post #256

Earlier quoted context omitted.

Domestic manufacturers used to build & sell compact pickup trucks. Nowadays, the only pickups on the market are huge fatmobiles. The profit margin in trucks is much higher than the profit margin on passenger cars.

You can buy a Ford Maverick compact pickup truck from your local dealer today. The profit margins on larger trucks are higher precisely because that's what consumers want. No one is forcing them to buy those vehicles.

Compare the Maverick to a Japanese kei trucks, they so impressed the current president that he signed an executive order allowing them, if they're manufactured in the US.

Re: UAE to leave OPEC

#492

Post by frontfor »

burner35534 wrote: post #355
bluGill wrote: post #177

OPEC has long been Saudi Arabia reducing output, and everyone else selling everything they can. They haven't had much power since the 1970s, but that they exist means they are a threat that if everyone else actually stuck to the agreement for a change. This is the common problem for cartels: everyone has inventive to cheat on the deals made. By selling a little more than your share you get more money, while because e…

Repeated PD is very different. The whole point of a cartel is that everyone inside is incentivized not to cheat, and it works as long as they agree on what's fair. The problem for cartels is people not in the cartel.

It’s well known that some OPEC members cheat nonetheless.

Re: UAE to leave OPEC

#493

Post by myth_drannon »

shykes wrote: post #478
myth_drannon wrote: post #476

Earlier quoted context omitted.

By the way that's just Qatari propaganda meant to put a wedge between Israel and Egypt. Qatar(Muslim Brotherhood) hates Egypt (that cracked down on MB) and hates Israel. They paid Netanyahu's advisors to push those lies about Egypt's double game and the cross border tunnels. Netanyahu the clown he is, "leaked" those lies to journalists. Qatar also paid Haaretz journalist to push those lies. The current situation with…

I did notice that Al-Jazeera was actively covering this issue. So your explanation would make sense. What about the military exercise though? Al-Jazeera is eagerly covering it, but it is in fact happening... I'm thinking that two things can be true at once - Egypt sees Israel as a "soft rival" and will undermine it when it can, without risking the peace itself; and Qatar is actively trying to put a wedge between them…

The military exercises too, just pure nonsense. Sinai peninsula has complicated security issues that they are trying to control. Egypt depends on Israel for cheap gas and really there is no indication whatsoever for any attempts to undermine. They do exercise soft power and play regional games. Egypt had and has very good leadership (with Sadat being the greatest modern leader in the middle east).

Re: UAE to leave OPEC

#494

Post by huntertwo »

grumple wrote: post #489
huntertwo wrote: post #483

Earlier quoted context omitted.

Shouldn’t UAE be upset their entire economy has absolutely rammed by the war started by Israel? At least the Saudis have pipelines - UAE is fucked

[flagged]

Even when Israel strikes first, someone else started it. Brilliant!

Re: UAE to leave OPEC

#496

Post by davidf18 »

huntertwo wrote: post #483
JumpCrisscross wrote: post #20

Context: (1) “The United Arab Emirates,” today “made a shock request of [Pakistan] — repay $3.5bn immediately” [1]. (2) Saudi-Emirati relations were at an all-time low before the Iran War [2]. (Saudi Arabia just bailed Pakistan out of its Emirati loan. Saudi Arabia and Pakistan agreed a mutual-defence treaty last year [3].) Put together, we’re seeing an Emirati-Israeli axis emerging to balance Saudi hegemony in the G…

Shouldn’t UAE be upset their entire economy has absolutely rammed by the war started by Israel? At least the Saudis have pipelines - UAE is fucked

[dead]

Re: UAE to leave OPEC

#497

Post by huntertwo »

grumple wrote: post #495
huntertwo wrote: post #494

Earlier quoted context omitted.

Even when Israel strikes first, someone else started it. Brilliant!

https://en.wikipedia.org/wiki/2024_Iran%E2%80%93Israel_confl...

First paragraph

> On 1 April, Israel bombed an Iranian consulate complex in Damascus, Syria, killing multiple senior Iranian officials.[28] In response, Iran and its Axis of Resistance allies seized the Israeli-linked ship MSC Aries and launched strikes inside Israel on 13 April.[6]

Not to mention, Israeli occupations in Syria, Lebanon, Gaza, and the West Bank. Iran is not the only bad actor.

Re: UAE to leave OPEC

#498

Post by oa335 »

ericmay wrote: post #402
watwut wrote: post #398

Earlier quoted context omitted.

Those states could export oil entirely reliable. They had tourism and finance industries dependent on them being safe. Iran did not mined strait until USA and Israel bombed it twice during negotiations, threatened civilisation destruction, murdered political leaders and attacked BOTH civilian and military infrastructure. You dont get to start a war or bomb and then blame the other side for not passivele accepting the…

> threatened civilisation destruction Iran threatens to erase Israel and the United States off the map pretty much daily. So I just don't care that Trump did the same back to them. If they don't like threats like that, perhaps they should stop issuing them yea? > murdered political leaders and attacked BOTH civilian and military infrastructure What civilian infrastructure was deliberately attacked? We do know that Ir…

> What civilian infrastructure was deliberately attacked?

Its clear you have only been getting your information from a certain set of sources. a lot of civilian infrastructure has been destroyed in Iran.

One of Israel's goals is to cripple the economy of Iran.

"Israeli leaders, including Defense Minister Israel Katz, have ordered the military to carry out strikes on targets that cause economic blows to the Iranian regime."

"This included a strike on major Iranian gas infrastructure in the country’s south nearly two weeks ago, and strikes on two of Iran’s largest steel factories on Friday. "

https://www.timesofisrael.com/israel-shifts-to-hitting-irans...

"Missiles also struck one of Iran’s biggest state-run pharmaceutical companies, Tofigh Darou, destroying its production and research and development units, state media said on Tuesday, blaming the strike on Israel. It’s a major producer of anti-cancer drugs and anesthetic in Iran"

https://archive.is/KAtCR

"A century-old medical research centre (Pasteur Institute) set up to fight infectious diseases like plague and smallpox has been heavily damaged in strikes on Tehran"

https://www.telegraph.co.uk/global-health/terror-and-securit...

In addition, one of my friends who lives in Iran reported that a dialysis center, a refrigerator factory, a public park (that had "police" in the name), a popular chicken restaurant, and an entire apartment building full of people were each separately targeted and destroyed (apartment building was double tapped, killing rescue workers)

the above is just a small selection, universities, factories, bridges, oil infra has all been targeted as well.

would you consider US Steel factories, universities that do research for the military, factories or companies that make components that go into US weapons, apartment buildings where one military leader lives as military or civilian infrastructure?

Re: UAE to leave OPEC

#499

Post by wombatpm »

renticulous wrote: post #144
bawolff wrote: post #57

Earlier quoted context omitted.

I think there are only 3. Houthis (iran), PLC (saudi), and STC (UAE). I guess Al-Qaeda and Isis are also there.

On whose side is Turkey? Or is it charting its own path?

Turkey’s main goal is preventing the establishment of a Kurdish state for fear of losing it’s Kurdish region.

Re: UAE to leave OPEC

#500

Post by testing22321 »

traderj0e wrote: post #410
testing22321 wrote: post #305

Earlier quoted context omitted.

> customers will demand more efficient vehicles The problem is those vehicles don’t exist, because the manufacturers only want to build the high margin gas guzzlers. Look at fuel economy of US made vehicles vs those in Europe. It’s beyond a joke.

Whatever your standard is for an "efficient" vehicle, more efficient things than those 15-20mpg trucks or SUVs do exist in the US. Every automaker sells a serious car that gets at least 30mpg combined if gas-only, or like 50mpg if hybrid.

The really wild part is you think that’s good.

You’ve never driven a BYD because your government blocks them. You’ve also never driven a fuel efficient car because they hardly exist in the US

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