OPEC+ Cuts: Has the US-Saudi Relationship Collapsed?

Biden's relationship with Saudi Arabia has been a colourful one since before he was even president. Considering the history, we look at the recent OPEC+ cuts; and whether this spells the end of the 50-year Saudi-US relationship.
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[@johnburke8337]

Small note to you all at TLDR US, this is exactly the content that will pull Americans like me in. Our TV news only loosely covers this, so when you bring history, contact, and current events in like this it’s informative and something I can happily share with friends

[@DennisTheInternationalMenace]

I agree w/you. It's sad that we have numerous news channels and doesn't do a deep dive into the main stuff. And im so sick of bias political channels that all they do is trash talk 1 another like Fox as an example.🤯 🔫

[@Reefer-Rampage69]

Agreed

[@frazzleboi2821]

agreed

[@baronvonjo1929]

As a American the last thing i want is news about America. That is everywhere. But here I am. The European and World stuff is far more interesting.

[@Burmn]

Nailed it. I don't watch most of the videos on this channel because I can get the politics stuff anywhere

[@MustafaMustafa-ce2pb]

OMG The thumbnail is everything 😂😂

[@DennisTheInternationalMenace]

Its hilarious. It creates a mood!😂🤣

[@franciscoacevedo3036]

MBS has very little difference from KJU main one is that MBS is sponsored by the USA

[@ukaszgrzesik7231]

Peak meme culture

[@HaydenManka]

It is quite good

[@browntaint6916]

@@franciscoacevedo3036 Wrong.. MBS actually wanted to distance Saudi Arabia from the US. This is why he killed khassoggi who wrote for Washington, Khassoggis clan is very pro US.

[@BarnabusBarbarossa]

The oil crisis of the seventies should have been enough of a warning sign to the world that making your energy security dependent on the whims of dictatorships is a foolish arrangement. Would that the world's leaders had actually taken the lessons of those events to hearts instead of committing even harder to the same follies.

[@I_Do_Poor_Ppl_Stuff]

"I just dont understand. We keep giving large amounts of control over our energy security to literal dictators and hostile foreign powers, and they just keep using that against us. What're we doing wrong?" The level of absolute, mind boggling stupidity of these people never ceases.

[@xAnonymousComedia]

"Dictators", says the guys that literally financed the death and ethnic cleansing of Palestine

[@islandmaster5064]

US politicians and businesses don't seem to think that

[@Universum.]

The US is independent, its the #1 oil producer. The rest of the world is not.

[@spartanx9293]

@@islandmaster5064 actually they did the shale revolution changed everything

[@FalconsEye58094]

We've made ourselves vulnerable, all the oil producing countries are not necessarily friendly with the US and having such a dependence on a country we don't always agree with politically is dangerous. And by resisting alternative energy sources, its gonna really bite in the butt at times like this

[@JollyOldCanuck]

The continental United States does not depend on Saudi oil-the US, Canada, and Mexico are all oil producing countries-the problem is that the United States' European and Asian allies are dependent on Saudi oil.

[@godblessthelessfortunate3175]

The US shot itself in the foot by allowing the small oil companies to consolidate into a few large companies after the 2008 financial meltdown. Before the meltdown, the US was producing so much oil that OPEC couldn't reduce enough production at a sustainable level to control prices. It basically busted their cartel price setting. Then Saudi tried to go the other way in an attempt to put the American oil companies out of business by opening the spigots full throttle. It did drive the price of oil per barrel to less than $40 but the Americans companies for the most part stayed in business. Then the financial meltdown came and did what the OPEC and Saudis couldn't do, which was to put small American oil companies out of business. Now that the US industry has consolidated into a few companies, they are playing along with OPEC to not produce as much as they could to increase their profits. I think Congress could do something to compel the US oil companies to produce more, but I suspect that the US companies have bought off enough Republicans to prevent any new laws or policies that would reduce their profits at the expense of American consumers. This is one example of why Citizens United was one of the worst decision by the SCOTUS. It changed the power structure in the country so that politicians now work for anonymous wealthy and corporate donors rather than their constituents.

[@jmhorange]

We live in a globalized world. We depend on stuff from other countries, even ones we don't like, but it goes both ways. The sanctions on Russia wouldn't be as effective if most of the world wasn't underpinned by the US dollar. We didn't make ourselves vulnerable, that's just what happens in a world with multiple countries.

[@crescentprincekronos2518]

@@JollyOldCanuck not only that but petrodollars, that's the checkmate and that road leads to hyperinflation as the world disconnects from our currency.

[@unconventionalideas5683]

We don’t actually import as much oil as we used to do, and what we do import is largely re-exported as refined petroleum products (gasoline, diesel, tar, kerosene, etc.). This means that the Saudis depend on us, not the other way around.

[@jjqq4116]

Kingdom of Saudi Arabia is extremely smart and capable. They made the best decision for themselves as they always should.

[@arrow1414]

I love what you did with that meme thumbnail! You even have the appropriate facial expressions! 😅😅👌

[@ryanjewel6826]

Don't end this channel we here in the US need this reporting.

[@frazzleboi2821]

yes

[@ericsilver9401]

If your last name is actually jewel, that’s really cool

[@toot4you19]

It would still happen on their global channel

[@Alisdair_UK]

Have you heard of Krystal and Saagar?

[@Masaru_kun]

they have 250k subs its obviously a low IQ attempt to get more money

[@Darkcamera45]

If this isn’t a wake up call that the US needs to stop relying on oil I don’t know what is

[@sunnohh]

So we actually make so much oil opec doesn’t really matter to our price anymore, has been since idk whenever shale cracking started and we have been exporting net since

[@cmdr1911]

There is no reason American and Canadian oil could meet American demand. The US should be insulted from oil shocks if the government would have a real energy policy.

[@spartanx9293]

Or you know we can just start using our own supply after the shale revolution the US is technically energy independent if we actually used it

[@cmdr1911]

@@spartanx9293 the US still needs heavy crude. Shale crude is very light and doesn't produce heavier products like diesel, asphalt ect.

[@spartanx9293]

@@cmdr1911 and we still have sources for that we're better off trading with the Canadians than we are trading with the God damn Saudis

[@Mekrinel]

Content like this that delves into the history and context, and not just the highlights of the moment, is the take that it’s harder to find in mainstream media these days.

[@frazzleboi2821]

agreed

[@Voxelcube808]

Facts

[@frazermckee2649]

yeah

[@carkawalakhatulistiwa]

@@frazzleboi2821 The United States has no right to dictate to other countries what they should do. the west must get out of imperialism's mind that the western problem is a world problem while the world problem is not a western problem. My question is when can we expel the Israeli invaders from the middle east.

[@BewareTheLilyOfTheValley]

Maybe it's just assumed the history is already known? Because I've heard about the rough relationship with the U.S. and Saudi Arabia my entire life. And the murder of Jamal Khashoggi was massive and made global news. "Muhammad Bonesaw" the prince has been called ever since (due to the way Khashoggi was hacked up to be removed from the embassy he'd entered and would not come out of alive). I figured most Americans over the age of 20-25 knew about this.

[@hyperemia61]

Keep the channel alive and good work guys!

[@emanuelzbeda1420]

Exactly the video I was hoping for

[@HisShadow]

Deciding to make Saudi Arabia a pariah state while actively reducing your domestic oil extraction probably wasn't a very bright idea.

[@justayoutubeaccount371]

Thanks for making something that is not just midterms.

[@seanragsdale5636]

I’m never getting that thumbnail out of my head now, thanks TLDR

[@simsInnovation]

Great content guys! Keep up with the news

[@zhubajie6940]

Another reason democracies need to free themselves from fossil fuels as carbon fuels just promote autocracies..

[@jonathanbowers8964]

Yeah. I am fine buying oil from Norway and Alberta and wish that Louisiana and Texas would stop giving oil companies tax breaks and invest that money into their people even if it makes oil more expensive for us consumers. I just don't support buying oil from places with strong human rights abuses. While Texas and Louisiana have their problems, Women in those states at least have the right to vote, freedom of movement, the right to divorce, and the right to work outside of the home. Meanwhile Saudi Women are treated like cattle and don't get me started on LGBT rights in the Oil Theocracies. Riyadh makes Shanghai look like San Francisco when it comes to LGBT rights.

[@hmmm3210]

@@jonathanbowers8964 typical Reddit word salad

[@victoriahaque5519]

@@hmmm3210 it was a very coherent comment I'm not sure what you're going for here

[@basillah7650]

You know those solar panels and wind power stuff comes from china right so you can still be cut off if 100% green

[@aetvrna]

@@jonathanbowers8964 in simple terms: "I want to buy expensive oil from progressive countries cause of mUh gAy rIgHtS

[@hansonlee5847]

As a US citizen, I think TLDR does a great job of presenting the US news without a political agenda, as you definitely aren't from the US. A lot of US news reports always have their angle, which gets very annoying tbh

[@MeepChangeling]

It's sad you think that forigners dont have political agendas for what they do in relation to us.

[@hansonlee5847]

@@MeepChangeling I think you misunderstand what I am saying. You are talking about foreign governments who definitely have their own political agendas. TLDR is an independent news source and makes attempts to not primarily instill their own political thoughts despite its implied left leaning bias. I have seen a lot of US "independent media" channels who always values commentary over news reporting or try to skew the political conversation like the Epoch Times and its subsidiaries

[@FitraRahim]

@@hansonlee5847 From what i see his video before, you're wrong. This channel not really independent, more like bias i think.

[@kaltinhomer4853]

@@FitraRahim how are they bias

[@epic1053]

Without a political agenda ? They have much less political agenda then 90% of the mainstream media but I wouldn't go so far as to say without political agenda.

[@Randomstuffs261]

8:41 "I can't deal with building-workman" ... building-workman is the superhero that nobody wants, but everyone needs. Just like Batman, he works in the shadows

[@nickbelcher2631]

Love the content!!! Keep it coming!!! I like all the facts brought up. It is probably a little of everything!

[@GhostOnTheHalfShell]

This is one of the best set of channels on straight up news. More than happy to do a bit part and pimp your ride.

[@martinhartecfc]

This has the best thumbnail I've ever seen on a news channel. Well played!

[@joshuaradick5679]

Hope this run works out. I don’t always agree with your analysis but I’m a news and editorial junkie. If views jump up and then fall back down after midterms maybe this will be more of a US special events channel.

[@joyperez5052]

Great channel guys!

[@SteveItOut]

Quality video as always!

[@frazzleboi2821]

opec+ sounds like some kinda subscription service

[@ghostel9253]

As an American i find these kinds of videos, about the type of geopolitics with the simplicity and detail you don’t get in the normal news, super interesting

[@WorldlyHappiness]

Great vid as always guys

[@TheMysticSaint]

Glad you covered this, I missed some of these details prior. 👍🏻

[@ashtoncarriveau3880]

Timely, informative, and specific. Definitely an improvement on your previous work

[@frazzleboi2821]

agreeed

[@kingace6186]

Very, very dependable.

[@frazermckee2649]

yeah

[@jordanlester9276]

This is the kind of content I wanted to see on the TLDR US channel! :)

[@chaosburger307]

Thank you, US viewer here. I was aware of this in the background, but this did a good job going over some of the history of it.

[@maddybeste280]

Thank you as always for your well rounded video!

[@fatedcypress9222]

As an American, we DESPERATELY need news reporting like this. An unbiased analysis on American issues is such a needed breath of fresh air. I’ll definitely be looking for TLDR US videos from here on out. Thank you for the diligent work you all do here. ❤❤❤

[@Colzenous]

@Zack Smith as a muslim it's not lol

[@antyspi4466]

The US need Saudi Arabia not only for oil, but also for the denomination of oil trade in US dollars, which creates a huge demand for dollars, massively strenghtening the currency. Regarding reasons for the Saudis to side with Russia, keep in mind that the Saudis are currently reselling Russian oil for a nifty profit.

[@skp8748]

There would be a GLOBAL jihad if the US attempted to invade Saudi. Even though the vast majority of Muslims consider the Saudi monarchy an illegitimate western concoction US troops in the holy land would be beyond the pale. It would change the global security order. It would be a great opportunity for China to lobby Malaysia, Indonesia and Pakistan to reject US security assurances. Russia would work alongside Iran to funnel fighters into the region. GCC nations would have to scramble for new security assurances (from the influx of foreign fighters, Iran and the US) Africa would be an arena that would be especially at risk for the US and invariably France where extremists groups would have access to 10s of millions of young angry and destitute young men.

[@sau1748]

Well, they're not exactly reselling Russian oil, if they were, it would still get sanctioned. What they're doing is more elaborate; they're using the Russian oil to cover the domestic demand for energy in Saudi Arabia, in order to free up all of the Saudi-produced oil for export. That way, the oil being sold is still Saudi and cannot (will not) be sanctioned, and it's cheaper for the Saudis because western sanctions have made Russian oil so cheap that it's better than producing it themselves.

[@unconventionalideas5683]

Maybe, but the US is a major exporter of oil anyway, and the Saudis are not particularly honest about how much oil they have left anyway.

[@morceen]

@@unconventionalideas5683 That's irrelevant. The petrodollar is the only reason the american cotton is demanded, else it will be reduced to cotton again, especially without the supposed gold coverage that was removed.

[@wamingo]

petrodollar is a myth

[@kumarprince1407]

Well summarised 👍

[@jordanbarefoot]

Great video. Keep them coming

[@ScottCronin7]

I had forgotten much of the US-Saudi dynamic. Thanks for making sense of this! Keep the channel going!

[@justinhayes6532]

Thank you for continuing the US channel for the time being, your unbiased looks st news left out of our cycles is appreciated by many of us

[@JasonParmenter]

It is not left out of the cycle. They source mainstream news sources for these videos, it's just a rundown of what the bigger papers are already saying in greater detail. Hence "TLDR".

[@herisuryadi6885]

​@@JasonParmenter So Basically A Simplified Version?

[@JasonParmenter]

@@herisuryadi6885 Of what is already in the media cycle that he claims is left out of it, yes, hence TLDR

[@olitonottero7620]

Great info

[@jeremyheaman2738]

Great information as always!

[@bristowski]

This is a great channel. Hope to see it continue!

[@jalda2791]

Agreed

[@frazzleboi2821]

agreed

[@Ren_-]

Excellent video TLDR!!

[@dannyhutt]

Great analysis of a complicated story. Well done!

[@airsquadron654]

Love this channel!

[@seanmorrow276]

This is the kind of content you should be making for a TL;DR News US- not just stuff focused on Trump. We get that enough in our news already- you’ll get a consistent American following by covering the not as highlighted issues. If you need a suggestion for another video- please look into the Supreme Court case Moore V Harper and Independent state legislatures theory. Should the Supreme Court rule in favor of ISL it could potentially end democracy in the US- pretty alarming stuff

[@frazzleboi2821]

yes

[@carkawalakhatulistiwa]

Western hypocrisy

[@carkawalakhatulistiwa]

The United States has no right to dictate to other countries what they should do. the west must get out of imperialism's mind that the western problem is a world problem while the world problem is not a western problem. My question is when can we expel the Israeli invaders from the middle east.

[@danielmorton1606]

What a complete batshit crazy political theory. State legislatures would not be bound by their constitution. It literally removes all forms of redress.

[@Rebecca-oh5yh]

That would be a very good, and disturbing, episode.

[@thepeff]

I enjoy your US content and I hope this channel works out

[@garyfrancisco7860]

Love your vids!

[@Dragon-hm4pq]

Another great video

[@robertlarson7224]

To my mind, the Saudi’s have been on the “other side” for 20 years. It’s long overdue we drop the veil of friendship.

[@skp8748]

Then maybe they should start selling oil in Euros and Yen.

[@danciagar]

@@skp8748 Considering is a Medieval Monarchy, just give money to someone friendly that has a de jure claim on the throne. Against a Medieval kingdom, medieval "diplomacy" is needed it.

[@skp8748]

@@danciagar nothing medival about it's a 20th century British invention. Also overt US intervention would cause backlash which would spiral out of control.

[@MichaelDavis-mk4me]

@@danciagar That, or Yemen could start finding Javelins missiles and M16's lying on the ground. Or maybe the Saudis need freedom.

[@morceen]

@@MichaelDavis-mk4me Saudi is not Libya sweetie.

[@jamesblack6920]

I'm sure they aren't too happy about the major move towards electric cars in the U.S. either. While it doesn't make oil obsolete, I'm sure they would like to keep demand as high as possible.

[@skp8748]

Not really the Saudis along with the GCC are some of the biggest investors in ev tech and ev companies.

[@diptosarker810]

Where do you think the electricity for EV comes from.

[@vinitalec]

Excelent job, Very interesting content!

[@zenawarrior3012]

Very informative on something I need to be more aware of.

[@him_That_is_me]

"offer a fig leaf" I think you mean olive branch. Fig leaf usually means something quite different

[@HugeMcFister]

I’m surprised this channel doesn’t have more views everyday, great production value

[@mikicerise6250]

He didn't even mispronounce anything this time. ;)

[@dailypositivity6659]

Keep making these videos please!

[@ForbiddenRazor]

I appreciate your TLDR US channel very much. I am an American, and it is great to have another source of news beyond the politically charged talking heads of domestic US news sources. Also the war in Ukraine is probably soaking up most of the attention! That might be a reason why the US news channel has been slower.

[@marctemura2017]

Yes, nut what are not telling you? America is set take over the cotton market again the south will rise again.

[@JasonParmenter]

As I have said to other hidden conservatives like you, they source "domestic" news sources for this video.

[@glennnewman1018]

Way to go TLDR this is th4e content I am looking for.

[@kingace6186]

Hope all the best to TLDR News US.

[@brendant2180]

great video!

[@theabaddon7457]

You earned a like from me just for even before the first second, just for the thumbnail.

[@MrKenichi22]

It a 89 year old U.S.A.-Saudi Relationship, it began with a deal between America and Saudi Arabia to establish an egalitarian relationship between the two countries to have Saudi Oil mix with American Oil to boost America’s Economy during the Great Depression which was a better relationship than Great Britain and Iran’s relationship was at the same time, where Saudi’s would get development in exchange for Oil to keep America’s Gas price cheap and Saudi Arabia would be built up. This was strengthened after World War 2 as Cheap Saudi Oil would keep the gas price low, allowing America to rebuild Western Europe. So that deal has connections to the Martial Plan that FDR wrote down and Truman Carried out. Unless by 50 Years you are talking about Nixon’s deal in the 1970’s to fix Oil Prices to be cheap as the Saudi’s used the price of oil as a weapon against the West for supporting Israel in the Yom Kipper War, which created the Petrodollar, I apologize, but the relationship between America and Saudi Arabia began in the Franklin Roosevelt years as the Saudis were a backward weak country that needed powerful friends for its survival against possibly becoming a colony after establishing itself in 1932.

[@joshuaskinner307]

Great video

[@bradleyf1342]

Good coverage

[@intelligencecube6752]

Thank you for continuing to post excellent content for us here in the US! We definitely need more channels like yours.

[@Malikses]

this is why you never rely on cartels for anything

[@skp8748]

I mean you can't insult and malign somebody and then expect them to make decisions that harm them for your benefit. A relationship is a two way street.

[@-.-l]

@@skp8748 exactly 😂

[@jaredkeys4343]

great vid!

[@nathansteiner8595]

Hope things get better soon

[@burningphoenix6679]

America should nationalize its energy so we don’t have to rely on foreign countries or private companies to decide our prices.

[@ASK-ko9qx]

Lol you clearly are delusional to the level of Trumpets.

[@darnit1944]

Oh but the republicans would say nationalisation is socialism reeeeee Energy independence is a must though.

[@cyrnos1655]

Hey, you can't do that, it's socialist !! :(

[@eoinoconnell185]

Didn't they organise a coup in Iran just for that ?

[@nromk]

That's a big no, in case you didn't know Biden and the Republicans are trying to prevent Mexico from nationalizing its energy sector.... So the idea that the USA is going to do something so normal not just for Socalists countries but for capitalists countries like The UK, Finland, Sweden, Norway and Danmark and it's something Germany is working to do too, the USA is clearly stuck in the Cold War.

[@MadMadCommando]

The US and allies should really consider forming an oil consumer’s union to counter OPEC’s power

[@antixocialman]

I was saying the same thing. USA, Canada, Guyana have oil in the Western Hemisphere . This could bring in a lot of money to our end and let the others go their way. Challenge them as they are challenging us

[@skp8748]

@@antixocialman and when OPEC decide to accept Euros and Yen for oil? What will happen to the US ability to export inflation?

[@boynotgenius]

@@skp8748 This is what most people are missing, it isn’t about whether you can or cannot counter the price, it’s the fact that OPEC so far has used the USD, they can easily switch to Yen and sell to China & Asia in general for many many years.

[@skp8748]

@@boynotgenius that would undermine the us reserve currency status and inhibit US control of global markets and the insulation they have economic shocks.

[@backstreetbanta8144]

This channel is what got me started with TLDR pleas don't kill it

[@IK_MK]

8:36 That ending though 😂😂😂

[@nromk]

Plus OPEC has several countries that aren't exactly fans of the USA, the USA could become friends with Iran, but they are equally hostile towards Iran too so the US is shooting itself in the foot here.

[@ferdinanddaratenas3447]

Iran is an enemy of the US, while Saudi Arabia is not, although both are theocratic dictatrships. Biden should have kept his mouth shut during the 2019 campaign instead of virtue-signalling, putting American interests at risk, about some Muslim Brotherhood journalist that almost nobody cared about in America and was smoked for going against the regime in his home country. Now this is the result. Compare that with the attitude Bin Salman had towards America when Trump was President. I'm not saying that Trump didn't have flaws, but forgetting to put US interests first in foreign policy was not one of them.

[@ravenmoon5111]

There is a lot of truth there. And it is caused by many levels of denial by the American left. At one time I was a staunch supporter of the US right because of this things like this but the right here is become so aligned with anti American influence I don’t see them as a solution

[@casualsuede]

America's response won't be in oil, it will be in other ways. Saudi Arabia should tread carefully. A lot of dictators (oops I mean monarchs) think they get global clout by shitting on the usa, but many of them don't end up well after a few years,

[@skp8748]

Doesn't make sense. Saudi human rights are of no material concern to the US. They don't operate beyond their borders and the war in Yemen is on their border and against an Iranian funded/armed group. What does undermining Saudi benefit the US? Biden hasnt been critical of Israel's human rights or Mexico so what is the objective I don't get it.

[@TheStormtrooper00]

Maybe war is teh option?make Saudi's into new Iraq.

[@kennethlowrie995]

I don’t think Saudi Arabia wants to purchase Russian weapons given their performance in Ukraine.

[@xz9662]

Nobody will buy russian weapons except poor african countries

[@thinktank8471]

Saudi wants to raise price We have no connection with Russia We have sold oil at very cheap price for decades

[@1994mrmysteryman]

How do you know of their performance in Ukraine? Through CNN?

[@darnit1944]

Russian weapons are not bad. They are very good. The problem is their lack in good tactic, training, and logistical support. Ask the Ukrainians. They are eager to reuse captured Russian weapons.

[@kennethlowrie995]

@@1994mrmysteryman News reporting.

[@tristan6512]

Another great video.

[@gagan1294]

Thumbnail cracked me up lol 😂😆😂😂

[@ryanmcfall1127]

It's always irksome to me when politicians in the US cancel oil projects in America and with Canada when we are not fully prepared to get off oil yet. Thereby forcing us to work with pariah states to get oil. It's like burning your only bridge over a river before constructing a new one

[@stormy_waters]

Thank the lefties for that

[@ryanmcfall1127]

@@stormy_waters yup, voting in America is like choosing either shit or piss

[@reddeercanoe]

Yes as a Canadian it’s always a wonder why the US doesn’t like our oil?

[@donaldbenjamin6358]

With Iran providing Russia with drones, and SA being the only regional power to keep Iran in check, letting relations with SA slide would be a bad move for the US

[@antixocialman]

Saudi is holding Iran with USA army and defense system. If the USA pulls out saudi can have Russia as a peace maker between them and Iran. It’s no issue for the USA and the western countries. We do not want to benefit monster regimes anymore. Also we will pull out all our businesses as well from those places and they can do whatever they want. It’s not serious anymore

[@jacobstokes8178]

Superb content

[@darkenergy436]

that thumbnail was the best thing ever

[@randomjay3633]

Make sure you watch all the way to the end, get that watch time up.

[@Ruby_Coast]

Watch till the end for a fun surprise ‼️

[@DaDunge]

It could just be about the mid terms it's no secret that MBS likes Trump.

[@yami6499]

Nothing to do with mid-terms....the Saudis wont like anyone who threatens their kingdoms' rule...simple as that. Kamala-Biden gov. are too dogmatic to realise this basic of geopolitics....Trump was practically an isloationist who focused on American interests without worrying wats happening in rest of world, so MBS had no issues with him.

[@mattheww.6232]

It's pretty clear that Biden and his Admin is hostile to the Saudis and will go back to undermining them as soon as he need the progressive votes Iran paid for with the BDS movement.

[@calmcmanus9928]

I mean putin, Kim as well

[@DaDunge]

@@calmcmanus9928 Well Russia also benefits from a US in gridlock because one house holds te presidency and one holds the houses of congress.

[@NoGodsUnderStars]

The content that gives us a contextual overview is a lot closer to what news should be, instead of our system of news pundits that just share out-of-place quotes to lock in views for their commercial ads. Keep it up.

[@carkawalakhatulistiwa]

The United States has no right to dictate to other countries what they should do. the west must get out of imperialism's mind that the western problem is a world problem while the world problem is not a western problem. My question is when can we expel the Israeli invaders from the middle east.

[@xsad7250]

I subscribed didn’t know you had this channel until it popped up on my feed today :D

[@TheRameniSBuRNT]

Thank you TLDR. I already knew about the OPEC cuts but you went in much more depth about Saudi-U.S relations in general.

[@danieltalley7739]

TLDR US is one of the few news sources that focus on the US in a completly factual way with very little or no opinions and not focus on blaming something or someone. American news media is designed to entertain like a TV show would rather than report actual news. This is why I watch TLDR US, they give the facts as is and makes it clear when they go into speculation. Love you guys! Hope that it's feesable for you to keep the channel because it will definitely be missed, but I also understand why if not and will continue to support your other channels as well.

[@joeshmoe8345]

Thanks

[@Inazarab]

please keep this channel going

[@pedrolopes3542]

Most People always miss the main point, and MBS is missing the point of price regulation too. The Laffer curve applies to replaceable commodities too. The moment that a commodity becomes too expensive, consumers begin to try to replace it with something cheaper, thus killing demand for that commodity. They huge oil price hikes will make electric cars cheap in comparison with combustion engine vehicles, once the market tips over, the car makers will discontinue diesel and cheap gasoline cars... This might very well be the last decade of oil as the world's main commodity, soon electricity, hydrogen or something else entirely new will replace it. believe it or not, once upon a time wood was the main energy commodity, then it was coal, now is oil, natural gas was rising, but it will never become the main commodity. we will continue to buy oil for the chemical industry, but the amounts will be far smaller than the current oil demand. putin and MBS have single-handedly sped up the energy transition to renewables and reopened nuclear. You might think: "but people love their gasoline cars", to which I answer: nothing changes people's preferences faster than an empty wallet.

[@TJ-wt9op]

🙌

[@anova_inc]

Let's keep this channel going! I love this for election coverage!

[@Kaimenhoi]

Thumbnail of this clip is gold.

[@KevinContreras2013]

You’re the only news source I go to anymore besides AP and Reuters.

[@skp8748]

Redacted is also good.

[@Karagoth444]

On the "plus" side, fracking would again seem more desirable for some native energy production, due to fracking needing high energy prices to be profitable. (and yes I am very aware of fracking downsides)

[@robertm.8653]

I might be wrong, please correct me if so. I read that the Saudi's were already not producing the amount the were supposed to, like saying they will produce 10 M barrels and only extracting 7 M ( it's an example, not actual numbers ) , and so them saying they will produce 2M less is still above the difference in what they were saying vs doing. How is this still influencing the market?

[@nicholasthompson2308]

nice video!

[@arkiplayer3755]

Love this

[@charliebee5154]

I'm NYC right now and this video was released at around 10:30 AM on a Tuesday... Guys, the ratings aren't gonna bump up that way. At least not in North and South America. 😅

[@CyFr]

When is it ever the right time?

[@adam346]

anyone else still wondering why vehicle electrification is in everyone's (and the nations) national interest?

[@zozzledwolf4653]

you do realize that until biden shut down our pipelines we were exporting oil

[@DatsunBloke7357]

You mean inferior and unreliable veichles no thanks I'll stick to my 80s diesel car. I can make my own fuel for cheap.

[@endless2239]

to go with electric vehicles you will need a LOT of lithium, which the US is not producing in quantities rn, thankfully is produced in Australia which is friendlier to the USA but will still not solve the dependency problem. it would also screw with the petrodollars, which is not on the USA national interest.

[@adam346]

@@endless2239 there are quite a few battery techs being developed that do not require lithium.. of course many are a few years out of mass production but the trend is away from Lithium and to substances like sulfur and other more common metals. And there are promising break-throughs that almost double Lithium Ion batteries energy density, so quantity may not be *as* much an issue.

[@adam346]

@@DatsunBloke7357 ok? I guess we should then revert to 80's diesels to save the state from the ravages of oil companies? Environment will go to hell faster than anything but at least we won't be beholden to the Saudis?

[@ashleydodson3633]

I am curious about some pieces I've heard around the oil production cuts, specifically I've heard that opec has not been meeting their current production goal, and that this is more of a public shaming than an actual cut in production? This wasn't mentioned in the video, so not sure how much they produce relative to how much they are ectually providing.

[@talltroll7092]

Yes. It's mostly a cheap way for OPEC members to signal their displeasure with the US without actually having to really DO anything, let alone make less money

[@cortezv69]

You by far have the best thumbnail I have seen on KZbin 😂

[@07qahtan]

Saudi Arabia has no interest whatsoever politicising oil sales. It's really a matter of pure economics and balancing the demand and supply of one of the most critical commodities on earth. Especially with a very likely harsh recession around the corner. Most markets are dealing with very high uncertainties, but only Saudi Arabia has the capability to arrange and stabilize the oil market and minimize such uncertainty around such precious commodity

[@stephenjenkins7971]

Pretty much no American believes that, especially considering Russian calls to do just this to weaken the effects Western sanctions. The timing is too suspicious to say the least.