2min chapter

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Guyana Is the Most Exciting Story in the World Oil Market

Odd Lots

CHAPTER

Can the US Join OPEC?

The US has no national oil company. It has hundreds of private companies that manage oil resources according to commercial incentives, market incentives. In the past, the US has had production management policies that in many ways mirror what OPEC does. Could the US and OPEC work together on managing the global supply, the global price of oil? That I imagine could be a possibility.

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