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OPEC Overflowing With Oil

In the News (WI-FI [1]): “All the world’s store of oil is overflowing; their reserves exceed three billion barrels. At the same time, OPEC has not yet made a decision on a possible term limitation of fuel production, said OPEC Secretary General Mohammed Barkindo on Tuesday, September 27th, reports TASS. …

“Venezuelan Energy Minister Eulogio del Pino said that the production may be limited to the level of August, it will remove an extra million barrels of oil per day from the market. …

“Earlier, the Venezuelan Minister announced a possible drop in oil prices below $20 a barrel if the representatives of the oil-producing countries fail to agree on joint action in the market.”

My Comment: Soon the entire oil industry will disappear. A new type of energy will free people from concerns about the production of energy of any kind. This would bring immense changes in the alignment of forces in the world. But it leads to the fact that only the joint solution of all problems of the world as a family [2], will give mankind the right decision.
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The End Of The Oil Age [5]