Was There a Plan to Keep Oil Prices Down?

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CalmS4tFull Member
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#1Dec 29, 2021, 07:34 PM
The ongoing conflict in the Middle East has exposed a big secret that the West has kept quiet. They’re pushing the idea that oil is worthless and renewable energy is the future. Countries like France have been leading the charge against fossil fuels, aiming to phase out petrol-run cars for environmental reasons. But look at today, oil is still super valuable despite all that noise.
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#2Dec 30, 2021, 12:35 AM
Switching to green energy was never about doing it overnight. It was supposed to be a gradual thing, not some sudden panic that caught everyone off guard. Honestly, in a century, we probably won’t rely on oil as much. With current events speeding up the push for greener energy, maybe future wars won’t hold us hostage over oil.
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its_matrixSenior Member
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#3Dec 30, 2021, 02:58 AM
Maybe you’re missing the economic picture. This isn’t some big secret; pretty much everyone knows that. Also, it’s not only the West using oil. Lower prices benefit everyone globally. It's not about campaigning against oil prices, but rather acknowledging that fossil fuels are dirty and finite. The countries embracing renewable energy get that.
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bear100Hero Member
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#4Dec 30, 2021, 03:19 AM
A teacher once told me, if you want to confuse people, declare something evil first. The West definitely has a futuristic plan concerning oil and has created a narrative that pushes others away. Rationally, you shouldn’t underestimate crude oil’s value. Even renewable energy relies on materials from crude, just like bitcoin was demonized.
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kevin_bridgeFull Member
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#5Dec 30, 2021, 06:49 AM
Why does everyone jump to conspiracy theories? When you say 'more profitable,' who are you even talking about? Are you implying the West has an anti-fossil fuel agenda because they aren't profiting? Seriously, most top oil companies are based in the US and Europe. They want to keep oil in play.
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shard_2013Full Member
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#6Dec 30, 2021, 12:18 PM
Are you sure about that? The US is currently the largest oil producer. The Israel-Iran conflict is driving prices up, not some Western strategy to lower them. If this war wraps up quickly, we might see prices drop. But if it drags on, we could be in for even higher prices.
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#7Dec 30, 2021, 05:50 PM
Shifting from oil to renewables is a slow, costly process. The West isn't switching to green energy anytime soon. I think there was a deliberate plan to make oil cheap, but it was poorly executed. Plus, most people aren't even fans of electric cars.
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lonealphaNewbie
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#8Dec 30, 2021, 10:11 PM
I don’t think the goal is to keep oil prices low, but rather to control oil resources worldwide. This aggression from the US could be about securing more power over oil.
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k3v1n.lynxHero Member
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#9Jan 1, 2022, 12:24 AM
You’ve got a point about control and power in global issues. Even with ships now passing through, tensions can spike at any moment, making everything unstable. Countries act based on their interests, not just peace talks.
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0x4lphaFull Member
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#10Jan 1, 2022, 05:14 AM
Are we talking about renewables or clean energy? Clean energy like nuclear, solar, and wind doesn’t pollute. Still, nuclear isn’t renewable, but it’s clean. China seems to be thriving with electric vehicles while the West struggles.
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CalmS4tFull Member
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#11Jan 1, 2022, 08:12 AM
I wonder what happened to all that renewable energy sold to reduce oil prices. Did they realize oil won’t be replaced anytime soon? The Iran war might not be just about oil, but we all know it’s a key factor.
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DarkOmegaMember
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#12Jan 1, 2022, 01:43 PM
Crude oil prices impact everything in trade. It’s essential for making fertilizers, plastics, and gases. This conflict will hit Europe and parts of Asia hard. The war will end when the US decides it should.
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0xRocketMember
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#13Jan 1, 2022, 04:53 PM
You can’t expect an overnight shift from gas to electric. Sure, electric vehicles are less polluting, but maintenance can be pricey. If low prices are the aim, then alternatives could help, like having more electric cars on the roads.
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la5eryesNewbie
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#14Jan 1, 2022, 09:22 PM
You got it twisted. They’re not saying oil is useless; they want to convince you it is for your own good. They’re out to decrease your dependence on oil to push their own business agendas. They’ve profited immensely from this shift.
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bear100Hero Member
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#15Jan 2, 2022, 01:33 AM
The US government surely knows not to mess with Iran. They’ve invested heavily in military power, aiming to control oil through regime change. But it was a miscalculation; not everyone will just roll over.
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nick.novaFull Member
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#16Jan 2, 2022, 07:28 AM
Some gas stations in my country are privately owned, and some choose to lower prices. But not all can or will do that. Renewable energy still has a long way to go to be as efficient as oil.
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boss777Senior Member
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#17Jan 2, 2022, 09:26 AM
When you say ‘the West,’ are you including all of US, Europe, and Australia? Because Trump didn’t even consult allies before moving into Iran. This wasn’t a Western plan to lower oil prices.
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lonealphaNewbie
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#18Jan 4, 2022, 11:13 AM
Each country handles electric vehicle support differently. Some offer subsidies to encourage sales, but still, electric cars are popular mostly for commuting. Heavy vehicles still need combustion engines for efficiency.
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#19Jan 4, 2022, 11:30 AM
Oil is key for many products; rising oil prices send everything else skyrocketing. Stable oil prices lead to stable growth. The Middle East is key, especially with the Strait of Hormuz being a major trade route.
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fudbusterSenior Member
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#20Jan 5, 2022, 12:50 PM
Renewable energy is still pricier than oil, which is why it hasn’t taken off. Oil and gas are too ingrained in our economy to simply replace them quickly. The volatility of oil prices influences economic policies and inflation.
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