At Current Burn Rates The U.S. Guesstimates It Has Between A 10-14 Year Total Supply

 

wikipedia |  Proven oil reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated, with a high degree of confidence, to be commercially recoverable from a given date forward from known reservoirs and under current economic conditions.

Some statistics on this page are disputed and controversial. Different sources (OPEC, CIA World Factbook, oil companies) give different figures. Some of the differences reflect different types of oil included. Different estimates may or may not include oil shale, mined oil sands or natural gas liquids.

Because proven reserves include oil recoverable under current economic conditions, nations may see large increases in proven reserves when known, but previously uneconomic deposits become economic to develop. In this way, Canada's proven reserves increased suddenly in 2003 when the oil sands of Alberta were seen to be economically viable. Similarly, Venezuela's proven reserves jumped in the late 2000s when the heavy oil of the Orinoco Belt was judged economic. 

Reserves amounts are listed in millions of barrels. The column "Years of production in reserve" uses the daily production figures as of 2016^[5] (multiplied by 365).

* indicates "Oil reserves in COUNTRY or TERRITORY" or "Energy in COUNTRY or TERRITORY" links.

Proven reserves (millions of barrels)

Country	US EIA [6]	OPEC [7]	BP [8]	Others	Oil production 2020 (bbl/day)[9]	Years of production in reserve
Venezuela *(OPEC)	303,806	302,809	300,900		527,063	1,578
Saudi Arabia *(OPEC)	258,600	266,260	266,000		9,264,921	76
Iran *(OPEC)	208,600	[10] 208,600	155,600		2,665,809	214
Canada *	170,300	4,421	172,200	[11] 171,000	4,201,101	111
Iraq *(OPEC)	145,019	147,223	143,100		4,102,311	97
Kuwait *(OPEC)	101,500	104,000	104,000		2,625,145	106
United Arab Emirates *(OPEC)	97,800	98,630	98,630		3,138,249	85
Russia *	80,000	80,000	102,400		9,865,495	22
Libya *(OPEC)	48,363	74,363	78,400		408,074	324
United States *	47,107	32,773	55,000	[12] 43,629	11,307,560	11
Nigeria *(OPEC)	36,890	37,453	37,100		1,775,940	57
Kazakhstan *	30,000	30,000	30,000		1,756,705	47
China *	26,022	25,627	18,500		3,888,989	18
Qatar *	25,244	25,244	25,244		1,530,000	45
Brazil *	12,714	12,634	13,000	[12] 16,848	2,939,950	12
Algeria *(OPEC)	12,200	12,200	12,200		1,122,432	30
Guyana *				10,000[13]	83,174	329
Ecuador	8,273	8,273	8,000		479,371	47
Norway *	8,122	6,376	8,000		1,712,937	13
Angola *(OPEC)	7,783	8,384	12,700		1,249,678	17
Azerbaijan *	7,000	7,000	7,000		693,880	28
Mexico *	5,786	6,537	10,800	[14] 9.700	1,710,303	9
Oman *	5,373	5,373	5,300		948,967	16
Sudan *	5,000	5,000	1,500		64,740	211
India *	4,604	4,495	5,680	[12] 4,409	627,415	20
Vietnam *	4,400	4,400	4,000		193,264	62
Malaysia *	3,600	3,600	3,600	[12] 5,542	541,017	18
Egypt *	3,300	4,400	3,500		586,735	15
Yemen *	3,000		3,000		66,000	124
Congo(OPEC)	2,882		1,600		282,541	28
United Kingdom *	2,500	2,069	2,800	2,618	947,208	7
Syria *	2,500	2,500	2,500		35,000	196
Uganda *	2,500
Argentina *	2,482	2,162	2,400	2,330	440,335	15
Indonesia *	2,480	3,310	3,600	[12] 3,497	712,112	10
Australia *	2,446	3,985	4,000	4,002	351,180	19
Colombia *	2,036	1,665	2,300		791,844	7
Gabon *(OPEC)	2,000	2,000	2,000		173,634	56
Chad *	1,500		1,500		115,817	35
Brunei *	1,100	1,100	1,100		98,642	31
Equatorial Guinea *(OPEC)	1,100		1,100		147,563	20
Peru *	858		1,400	[12] 1,489	40,386	58
Ghana *	660				199,478	9
Romania *	600		600		67,574	24
Turkmenistan *	600	600	600		184,579	9
Uzbekistan *	594	594	600		37,997	43
Pakistan *	540			[12] 236	79,112	19
Italy *	497		600	[12] 595	100,514	14
Denmark *	441	439	600	[12] 550	71,339	17
Tunisia *	425		400		30,738	38
Ukraine *	395	395			33,577	32
Turkey *	366			[12] 284	61,757	16
Thailand *	252		400		202,117	3
Trinidad and Tobago *	242		700	[12] 830	56,556	12
Bolivia *	240			[12] 210	60,161	11
Cameroon *	200				66,749	8
Belarus *	198	198			34,249	16
Bahrain *	186				43,000	12
DR Congo	180				23,000	21
Papua New Guinea *	159			[12] 158	40,249	11
Albania *	150				14,331	29
Chile *	150				1,582	260
Niger *	150				9,497	43
Spain *	150				628	654
Myanmar *	139				8,833	43
Philippines	138				12,249	31
Netherlands	137			[12] 141	14,579	26
Cuba *	124			[12] 124	41,079	8
Germany *	115			[12] 229	37,508	8
Poland *	113			[12] 151	18,765	16
Ivory Coast *	100				36,746	7
Suriname	89				14,915	16
Guatemala	86				7,749	30
Serbia *	77				15,249	14
Croatia *	71				11,749	17
France *	61				12,910	13
Japan *	44				4,333	28
New Zealand *	40				18,579	6
Kyrgyzstan *	40				1,000	110
Austria *	35				10,822	9
Georgia *	35				400	240
Bangladesh *	28				3,000	26
Mauritania *	20
Bulgaria *	15				1,000	41
Czech Republic *	15	15.0			2,000	21
South Africa *	15	15			1,000	41
Israel *	12			[12] 12	300	110
Hungary *	12			[12] 35	16,418	2
Lithuania *	12				2,000	16
Tajikistan *	12				180	183
Greece *	10				1,831	15
Slovakia *	9				200	123
Benin *	8
Belize *	6				1,700	10
Taiwan *	2				196	28
Barbados	1				1,000	3
Jordan *	1			[12] 1
Morocco *	0.6				160	10
Ethiopia *	0.4
Kenya *	0		750
South Sudan					162,475
Mongolia *					17,582
East Timor *					14,000
Portugal *					12,932
World	1,661,905	1,535,773	1,750,600		76,137,732	60

 wikipedia |  This list is based on CIA The World Factbook (when no citation is given).^[1] or other authoritative third-party sources (as cited). Based on data from EIA, at the start of 2021, proved gas reserves were dominated by three countries: Iran, Russia, and Qatar.

There is some disagreement on which country has the largest proven gas reserves. Sources that consider that Russia has by far the largest proven reserves include the US CIA (47600 cubic kilometers),^[2] the US Energy Information Administration (EIA) (49000 km³),^[3] and OPEC (48810 km³).^[4] However, BP credits Russia with only 32900 km³,^[5] which would place it in second place, slightly behind Iran (33100 to 33800 km³, depending on the source).

Due to constant announcements of shale gas recoverable reserves, as well as drilling in Central Asia, South America and Africa, deepwater drilling, estimates are undergoing frequent updates, mostly increasing. Since 2000, some countries, notably the US and Canada, have seen large increases in proved gas reserves due to development of shale gas, but shale gas deposits in most countries are yet to be added to reserve calculations. 

Proven Reserves (km³)

Country	U.S. EIA (start of 2021)[6]	OPEC (start of 2018)[7]	BP (start of 2018)[8]	Other	Production km³/year (in 2020)[9]	Years of production in reserve[10]
Russia *	47,798	50,617	35,000		624	77
Iran *	33,980	33,810	33,200		238 (2019)	143
Qatar *	23,871	23,861	24,900		167 (2019)	143
Saudi Arabia	15,910 (2022)	8,715	8,000		114	140
United States *	13,167 (2020)	9,067	8,700		947	14
Turkmenistan *	11,326	9,838	19,500		84 (2019)	135
China *	6,654	2,934	5,500		179 (2019)	37
United Arab Emirates *	6,088	6,091	5,900		63	97
Nigeria *	5,748	5,627	5,200	5,932[11]	46 (2019)	125
Venezuela *	5,663	5,707	6,400		23 (2019)	246
Algeria *	4,502	4,504	4,300		88 (2019)	51
Iraq *	3,738	3,744	3,500		11 (2019)	340
Australia *	3,228	3,173	3,600		146 (2019)	22
Mozambique *	2,832				5 (2019)	566
Canada *	2,067	2,059	1,900		179 (2019)	12
Uzbekistan *	1,841	1,564	1,200		47 (2019)	39
Kazakhstan *	1,840	1,898	1,100		26 (2019)	71
Egypt *	1,784	2,221	1,800		77 (2019)	23
Kuwait *	1,784	1,784	1,700		20 (2019)	89
Azerbaijan *	1,699	1,227	2,800		23 (2019)	74
Norway *	1,557	2,314	1,700		112	14
Libya	1,501	1,505	1,400		11(2019)	136
Indonesia *	1,415	2,866	2,900		63	22
India *	1,388	1,289	1,200		28	50
Malaysia *	1,189	2,909	2,700		75 (2019)	16
Ukraine *	1,104	304	1,100		20 (2019)	55
Vietnam *	708	203	600		8 (2019)	88
Oman *	651	884	700		37 (2019)	18
Myanmar *	651	273	1,200		18 (2019)	36
Pakistan *	595	757	400		38 (2019)	16
Yemen *	481		300		0.09 (2019)	5,344
Argentina *	396	381	300		41	10
Brazil *	368	325	400		25 (2019)	15
Angola *	339	422			7 (2019)	48
Peru *	311	513	400		12	26
Trinidad and Tobago *	311	433	300		31	10
Bolivia *	311	310	300		15 (2019)	21
Congo *	283	111			1.4 (2019)	202
Brunei *	261	252			12	22
Syria	241	300	300		4 (2019)	60
Papua New Guinea	184		200		12	15
Mexico	181	146	200		27 (2019)	7
United Kingdom *	181	269	200		40 (2019)	5
Israel *	176		500		10 (2019)	18
Thailand *	139	180	200		38 (2019)	4
Equatorial Guinea *	139	145			5 (2019)	28
Cameroon *	135	152			3 (2019)	45
Netherlands *	133	804	700		33 (2019)	4
Bangladesh *	127	346	200	[12] 385	29 (2019)	4
Romania *	105	105	100		10 (2019)	10
Philippines	99				4 (2019)	25
Chile *	99	5.30			1	99
Poland *	90	56.3	100		5.66	16
Colombia *	88	104	100		11	8
Sudan *	85				0	-
Bahrain *	82		200		18 (2019)	5
Cuba *	71				1 (2019)	71
Tunisia *	65				1 (2019)	65
Namibia	62				0	-
Rwanda *	57				0	-
Afghanistan *	51				0.08	638
Serbia *	48				0.45 (2019)	107
Italy *	45	27.1	100		4	11
New Zealand *	31				5	6
Ivory Coast *	28				2.44	11
Mauritania *	28				0	-
Denmark *	28	73.9	100		1.3	22
Gabon *	26	25.5			0.31 (2019)	84
Croatia	25				0.85	29
Ethiopia *	25				0	-
Georgia	8.5+16 [13]	8.5			0.02 (2019)	1,225
Germany	23	39.6	100		5 (2019)	5
Ghana	23				1.56 (2019)	15
Japan *	20				1.93	10
Moldova	-			[14] 20	0.006 (2019)	3,333
Slovakia	14				0.06	233
Uganda	14				0	-
Ecuador	11	5.4			0.34 (2019)	32
Ireland *	11				2.66 (2019)	4
South Korea *	8.5				0.24 (2019)	35
Austria	5.66				0.93 (2019)	6
Tanzania *	5.66				1.39 (2019)	4
Taiwan *	5.66				0.15 (2019)	38
Jordan *	5.66				0.12 (2019)	47
Bulgaria	5.66				0.06	94
Somalia *	5.66				0	-
Tajikistan	5.66				0.02 (2019)	283
Kyrgyzstan	5.66				0.03 (2019)	189
Albania	5.66				0.04 (2019)	142
South Africa *	-			[15] 3	1.22 (2019)	2
Turkey *	2.83			300TPAO estimate	0.48 (2019)	6
Czech Republic	2.83				0.19	15
Belarus *	2.83				2.4 (2019)	1.2
Hungary *	2.8				1.7	1.6
Spain	2.55				0.06	42
Morocco *	1.44	474			0.1 (2019)	14
Benin	1.13				0	-
DR Congo	0.99				0	-
Greece	0.99				0.01	99
Barbados	0.11				0.02 (2019)	6
Armenia *	0	18.0			0	-

 

Who Among Us Has Deeply Pondered The USonian Rationale?

Rather, they either become consumed by tactical battlefield analyses, or start to fixate on Russia's existential position. Case in point, once the Khazarian bio-labs in Izyium an

But who here is considering the USA's rationale? As the lion, shark or spider must kill to eat, so too must an empire based on debt money consume all available resources. And who has the globe's last great stores? 

What happens to the $USD if we can't access/control these resources to ensure that the dollar power lives on?

This is why Ukraine is really the OK corral. - we're all in. But how do we ensure success? The same way we always have - by establishing the "victims" moral authority to engage in total war. In this case, total war can be rationalized that a desperate Russia used the first battlefield nuke. Why would they do that? Because they were losing so badly as to be on verge of system wide collapse.

How do we "know" Russia is losing across a collapsing front? Because the massed social media (troll army flooding all platforms) repeats the claim as virtual shock troops while the broader audience is bombarded by the MSM.

What is your take away? Patreaus, et al are telling anybody paying attention that we will escalate and retaliate with nuclear weapons as justification for Russia's "first strike".

The Nordstream false flag was just a dry run.

"Russia will attack other Russian pipelines soon" says John Brennan.

Translation: The US will blow up Turkstream. https://t.co/riSbbyhtg9

— Rosie's Social Media Madhouse! (@DarnelSugarfoo) October 3, 2022

Perhaps the global social conversation should move away from passive topical discussion to more actively sounding world-wide alarm:

Whereas,

1. The $US dollar system requires constant expansionary growth to survive;

2. Credit expansion demands energy inputs along the entire cycle of production, delivery, use and service;

3. The world's last great stores of critical natural resources reside within Russia's geographic boundaries and remain under Russia's political control;

4. Ukraine is being used as a fulcrum to advance the collapse of the Russian state to facilitate resource expropriation for the West;

5. The USA lacks any feasible way forward to achieving victory in Ukraine by limiting itself to the use of conventional force of arms;

6. US failure in Ukraine will lead to a collapse of dollar dependent Western political and socio-economic institutions, including the MIC, Federal Reserve and perhaps the U.S. government itself;

7. Failure vis-a-vis Russia in the Ukraine theater therefore threatens the USA with a direct, critical existentional crisis;

8. US policy and decision makers may have already concluded that a Sampson option via escalation represents the most logical option if the USA as it currently exists were to fail anyway.

Therefore,

It is concluded that global and worldwide political leaders, influential persons and other interested voices should appeal to more rationale minds within the U.S. government to reconsider contemplating this course of action.

The Sampson option.

Let's review basic game theory: if the USA (by that i mean the $USD) is guaranteed to lose under existing, conventional circumstances - then why not gamble that your 1 or 2 reply may be defeated/prevented and/or forestalled?

If they too fail, where's the net incremental loss?

You're an American - you know that a failure of the $USD brings down the entire socio political edifice and functioning economy that supports the MIC, FIRE, and those of us peasants not eke-ing out paycheck-to-paycheck survival.

In other words, Russia represents an existential threat to our very way of life.

And what is our takeaway from all the above?

Russia is losing so badly that in a final desperate act to forestall a total government collapse, madman Putin WILL resort to utilizing nuclear weapons.

At that point the collective west will be fully justified in retaliating in like manner and possible escalating in order to defeat the threat of an evil Putin/Russia.

Since the west ($USD) must have Russia’s resources in order to survive, a drawn out, protracted settlement, truce, stalemate in Ukraine doesn't do us any good.

Time is on Russia’s side, not ours. We must collapse, divide & plunder NOW in order to prevail. We can't do that via conventional means, so we must use nuclear weapons.

Finally, we MUST BE ABLE TO blame Russia in order to assert a "victims" moral authority.

 

Further Consideration Of Legality From The Russian Point Of View

This is an important element that from the beginning has underpinned Putin's and Lavrov's interventions. In accordance with the international right of peoples to self-determination, the LPR and DPR referendums concerned only accession to the Russian Federation within the geographical boundaries of the oblasts. Independence referendums had already been held in 2014.

The two maps from September and October are easy to read. The troops of LPR and therefore Russia, now since today or tomorrow morning (only when the entry into force of the texts to be enacted) have withdrawn from a territory that remains Ukraine between the administrative border and Oskil.

Part of the territory of Donetsk Oblast is occupied by the Ukrainian army. Liman is legally irrelevant.

The "regions" of Kherson and Zaporoje were consulted on their independence, where they were liberated and only the part controlled at the time of enactment is supposed to become Russian territory.

Russia can even claim to have legally respected the will of the people and just demand (ultimatum) the withdrawal of Ukrainians from Donetsk Oblast of Russia.

NATO and the little penis piano player in Kiev won't do it.

Going forward, the Russian counter-attack will then be legally justified as invasion of Russian oblasts by Ukraine. One can even consider Zelensky's outgassings today as a declaration of genocidal war.

We will know in a few days if the Russian army is out of ammunition, or, merely waiting for a legal framework to go to war in earnest.

mid.ru |  Question: What should people do if they live on Russian territory by right that is in fact occupied by the Armed Forces of Ukraine (VSU)?

Sergey Lavrov: The issue of borders is described in the conclusion of the Constitutional Court. This issue has moved to the fore now that Russia has launched the discussion of the constitutional laws on the admission of four new entities into the Russian Federation. Read the conclusion of the Constitutional Court. It explains everything clearly. Senator Andrey Klishas, who is speaking now, also commented on this issue. You will have an opportunity to discuss it with him in more detail.

Question: If we are correct, a transitional period will last until 2024.

Sergey Lavrov: If you read the laws that are being adopted now you’d note that they mention 2026 as the completion of the transitional period.

Question: Is it essential to win the recognition of this admission to Russia by other states?

Sergey Lavrov: Absolutely not. Of course, it would be better if all countries of the world recognised this new and inevitable reality. We have cited a huge number of judicial arguments, including references to the UN Charter that seals the principle of equality and self-determination of nations, and the UN General Assembly Declaration that makes it clear that all countries should respect the territorial integrity of states with governments which recognise the right to self-determination and represent the whole people belonging to the territory of a country.

Obviously, the Vladimir Zelensky regime, just as the Pyotr Poroshenko regime before it, not only never met these criteria but also crudely violated them. The residents of Donbass would and will never agree that those who illegally seized power in Kiev represent their people that live in this region and other parts of Ukraine where the residents feel inextricably linked with the Russian civilisation.

In terms of international law, it would be important for all countries to display a responsible approach and recognise this obvious, objective reality. We are seeing how far the West has gone in its anti-Russia frenzy. Obviously, lacking convincing arguments in its favour, it is trying to intimidate all other countries, primarily, the developing nations (in Asia, Africa and Latin America) by resorting to threats and blackmail to compel them to denounce Russia. This is yet further evidence of the weakness of the West’s position. If you feel you are right, express your opinion on this or other international events and let others determine independently, like adults, whose arguments sound more convincing: those of Russia and the residents of Donbass that do not want to be under the neo-Nazi regime or those of the collective West that proclaimed Kiev “the beacon of democracy” and swore to fight until the last Ukrainian to weaken Russia as much as possible and probably even to divide it.

I guarantee that the majority of countries understand perfectly well that we are right. Not everyone has the courage and power to talk about this straight. The overwhelming majority are refusing to join the West in the economic and other sanctions pressure on the Russian Federation.

I am convinced that the truth will make its way, regardless of whether the West wants it or not. The scenario that is proceeding now has been prompted by life itself and relies on the free expression of the people’s will. Any other actions – the artificial fuelling of confrontation, mobilisation of anti-Russia forces, threats or blackmail – are anti-historical and will get lost into oblivion. The will of the people will last forever.

 

Tear-Stricken? Satan's Hold On Your Soul Is Far Deeper Than You Imagine...,

variety  |  The tear-stricken faces peering up adoringly at James Bond producer Michael G. Wilson, seated in the royal box at Royal Albert Hall, during a lengthy standing ovation at “The Sound of 007” concert said it all: It’s not just movie music — the music, for this franchise at least, is the movie.

Tuesday’s charity event at London’s grandest venue preceded the Oct. 5 release of feature documentary “The Sound of 007” on Amazon’s Prime Video (the streamer’s top executives for Europe were, unsurprisingly, in the box next to the Bond guardians), and didn’t hesitate to remind both Bond novices and grizzled veterans that the franchise is virtually synonymous with some of cinema’s most iconic tracks. 

The concert — part of a cavalcade of events marking the British spy’s 60th anniversary on screen — was produced and overseen by five-time Bond composer David Arnold, who was front and centre the entire evening, shredding with Hans Zimmer on an electric guitar or belting out late Soundgarden frontman Chris Cornell’s divisive rock anthem “You Know My Name,” from “Casino Royale.” Arnold was musical director for Danny Boyle’s London 2012 Olympics opening ceremony, but this — you could tell — was a night he relished.

Dame Shirley Bassey, who dazzled Royal Albert Hall at the BAFTA Film Awards in March, was back to kick off the concert with “Diamonds are Forever” and “Goldfinger.” (The audience gave Bassey a standing ovation well before she’d even sung a single note.) Other vocalists included the movies’ original performing artists Lulu and Garbage, who sang “The Man With the Golden Gun” and “The World is Not Enough,” respectively, and were warmly received by fans.

Other standouts included BRIT School graduates and powerhouse singers Emma Lindars, who ably took on Adele’s hit song “Skyfall,” and Ella Eyre, who smashed both “Licence to Kill” and “Nobody Does it Better.” Deborah Anne Dyer, better known as Skin, also put her own riff on Paul McCartney’s “Live and Let Die” with thrilling results. Performers were accompanied by the spectacular Royal Philharmonic Concert Orchestra conducted by Nicholas Dodd, which had many in raptures over a three-minute rendition of “Come In 007” from “The World Is Not Enough.”

It’s puzzling why Billie Eilish’s “No Time to Die” title track or even Sam Smith’s “Writing’s On the Wall” from “Spectre” were omitted, but one can only assume that Arnold and his team were keen to pay homage to the 60-year-old franchise’s older films, such as “Thunderball” and “The Spy Who Loved Me” (both of which received moving orchestral pieces) in addition to the more pop-heavy entries of the last decade.

The evening also paid tribute to the late John Barry, who arranged the original Bond theme tune for the first movie and wrote for 11 of the films. Don Black, a lyricist for several Bond pics and a close friend of Barry’s, regaled the audience with memories of the debonair British composer, who once described writing “The Living Daylights” for the titular movie with Norway’s A-ha to “playing table tennis with four balls.”

 

OPEC+ - Led By Russia - Smacks The Taste Out Of Brandon's Mouth

cnbc  |  A group of some of the world’s most powerful oil producers on Wednesday agreed to impose deep output cuts, seeking to spur a recovery in crude prices despite calls from the U.S. to pump more to help the global economy.

OPEC and non-OPEC allies, a group often referred to as OPEC+, decided at their first face-to-face gathering in Vienna since 2020 to reduce production by 2 million barrels per day from November.

Energy market participants had expected OPEC+, which includes Saudi Arabia and Russia, to impose output cuts of somewhere between 500,000 barrels and 2 million barrels.

The move represents a major reversal in production policy for the alliance, which slashed output by a record 10 million barrels per day in early 2020 when demand plummeted due to the Covid-19 pandemic. The oil cartel has since gradually unwound those record cuts, albeit with several OPEC+ countries struggling to fulfill their quotas.

Oil prices have fallen to roughly $80 a barrel from more than $120 in early June amid growing fears about the prospect of a global economic recession.

The production cut for November is an attempt to reverse this slide, despite repeated pressure from U.S. President Joe Biden’s administration for the group to pump more to lower fuel prices ahead of midterm elections next month.

White House ‘disappointed’

The White House said in a statement that Biden was “disappointed by the shortsighted decision by OPEC+ to cut production quotas while the global economy is dealing with the continued negative impact of Putin’s invasion of Ukraine.”

It said that Biden had directed the Department of Energy to release another 10 million barrels from the Strategic Petroleum Reserve next month.

“In light of today’s action, the Biden Administration will also consult with Congress on additional tools and authorities to reduce OPEC’s control over energy prices,” the White House said.

The statement added that the OPEC+ announcement served as “a reminder of why it is so critical that the United States reduce its reliance on foreign sources of fossil fuels.”

To be sure, the burning of fossil fuels, such as coal, oil and gas, is the chief driver of the climate emergency.