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OPEC in Podcasts

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OPEC, an oil cartel led by Saudi Arabia, historically attempted to control oil supply

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The best thing that could happen to the energy industry | Matt Tilleard

In the 1970s, for example, the oil cartel OPEC, led by Saudi Arabia, tried to cut off the supply of oil to the United States. It caused an instant panic, a recession within months. Trump was 27 when those lines of cars snaked around the block. Putin was 21. Xi was 20. Our leaders understand in their bones that power comes from fuel.