Ep 4: The WRONG Way to Fight Extremists
Everything is Everything
00:00
The Dynamics of Oil Cartels and Market Manipulation
This chapter explores the complexities of cartels and monopolies, with a particular focus on OPEC and the historical context of oil price manipulation, such as during the 1973 war. The speakers discuss the role of state intervention in price fixing, the implications of geopolitical events on the oil market, and the evolving dynamics between major oil-producing nations. Additionally, the chapter addresses misconceptions about resource limitations and emphasizes the importance of innovation in response to energy challenges and climate change.
Transcript
Play full episode
