2026-04-28 14:07 UTC
@hrbrmstr it's absolutely not. People have the utterly incorrect knee-jerk reaction to OPEC because of the 1973 oil embargo. Which was started by *OAPEC*, which is *NOT* OPEC.
OPEC is a much broader international organization which finally broke the Seven Sisters oligopoly that was inflating oil prices. Their intent was to *stabilize* oil prices. People argue with all the cheating members do, it's near useless. But the existence creates the stability, because the markets are vibe based.
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