Nick Fountain
👤 SpeakerAppearances Over Time
Podcast Appearances
She was covering the OPEC meeting.
Saudi Arabia proposed modest increases to quotas, but based on old production capacities.
In a really serious way.
The oil ministers did dueling TV appearances.
Saudi Arabia even banned flights from the UAE.
Eventually, everyone figured out a way to save face.
The UAE got higher quotas.
But to keen tea leaf readers like Kate, it was clear.
and Israel started a war with Iran and Iran, a fellow OPEC member, started bombing the UAE, that's when they finally said, see you later.
That thing we told you about how hard it is to keep a cartel together?
We're seeing it happen in real time.
What does that mean for Valerie's summer camping budget?
The whole reason we're doing this episode is because we got a question from a listener, Valerie, who asked us, can we expect to see gas prices fall at some point given the UAE's departure?
Do you have an answer to that?