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Tag: OPEC

OPEC, a power once, now a dinosaur . . .

Posted on December 14, 2018December 14, 2018 Manuel19 CommentsPosted in Blog

Recently and for the first time in 75 years, we became a net exporter of oil, as opposed to a mayor importer. If you think this is confusing, try looking at it from OPEC’s point of view. If they produce more, the price drops, while net income remains the same. If they cut production, oil […]

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Male Magellanic woodpecker, Campephilus magellanicus, on a tree trunk.
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