world

OPEC, Russia move closer to cutting oil output

3 Comments
By Olesya Astakhova and Shadia Nasralla

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© (c) Copyright Thomson Reuters 2018.

©2019 GPlusMedia Inc.

3 Comments
Login to comment

Like Russia, most OPEC states are run by authoritarian regimes.

Alternatives to burning so much oil and gas (and coal) need greater support from all nations, especially those dependent on oil and gas exporting nations.

If not, these authoritarian states will take even greater control.

If not, expect to breathe more polluted air and expect climate change related problems to increase. Also expect more wars over control of oil and gas and their shipment.

Worrying that Trump's US is making the problems even worse by subsidizing America's oil, gas and coal industries, by doing nothing to support alternatives to burning so much oil and gas, by reducing air pollution control requirements, by appeasing Russia, Saudi Arabia and other oil and gas producers, among other tactics that keep the US stuck in the past and prevent progress (a dirty word to Trump and his aging GOP enablers).

0 ( +2 / -2 )

I thought the U.S produced a surplus of oil now, as in, vying for the worlds largest producer so why are they so keen to get the prices down? Surely domestically the fact they produce their own is extremely beneficial and for export, slightly higher prices are better. Don't really understand the U.S position on this.

0 ( +0 / -0 )

Cheap prices for oil allow cheap production costs which in turn mean lower cost products but more CO2 means stronger typhoons....

2 ( +2 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites