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The Future of Oil and Energy Dynamics
This chapter explores the potential obsolescence of OPEC in the wake of the electrification boom and the increasing adoption of electric vehicles. It delves into the complexities of energy consumption, the implications for oil-exporting nations, and the evolving market dynamics driven by technological advancements and energy demands from AI data centers. Additionally, the discussion addresses the challenges and opportunities presented by shifts in energy production and the ongoing transition toward renewable resources.