Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Miami Rebel

Since when has OPEC spelled its name with a plus at the end?


12 posted on 06/04/2024 12:54:52 PM PDT by Berosus (I wish I had as much faith in God as liberals have in government.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Berosus

From the US Energy Information Administration:

In 2016, largely in response to dramatically falling oil prices driven by significant increases in U.S. shale oil output, OPEC signed an agreement with 10 other oil-producing countries to create what is now known as OPEC+. Among these 10 countries was the world’s third-largest oil producer in 2022, Russia, which produced 13% of the world total (10.3 million barrels per day [b/d]).

[Others include Mexico, Kazakhstan, and Oman.]


13 posted on 06/05/2024 7:38:09 AM PDT by Miami Rebel
[ Post Reply | Private Reply | To 12 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson