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Qatar Will Pull Out Of OPEC, As Rift With Saudi Arabia Deepens
Qatar plans to leave OPEC in January, shaking up the alliance of oil-producing nations and furthering its dispute with Saudi Arabia. Qatar made the announcement on Monday — the same day it informed OPEC.
Qatar's Energy Minister Saad al-Kaabi said the small Persian Gulf country will leave OPEC because it wants to focus on natural gas — a sector in which Qatar is a world leader. But the move also draws another line of division with Saudi Arabia, the only country with which Qatar shares a land border.
Saudi Arabia cut diplomatic ties with Qatar in June of 2017, in a dramatic move that was matched by Egypt, the United Arab Emirates and others. Since then, Saudi Arabia has maintained a boycott against Qatar, a country that has sometimes pursued its own foreign policy goals against the will of its fellow Sunni states.
[...] Qatar's exit from the Organization of Petroleum Exporting Countries will become official on Jan. 1, 2019, Kaabi said at a news conference in Doha Monday. The country will still attend the group's winter meeting in Vienna, which is scheduled to begin on Thursday.
See also: Qatar to quit OPEC after more than 57 years, denies decision related to Saudi-led boycott
(Score: 3, Informative) by Gaaark on Monday December 03 2018, @11:43PM (2 children)
Alberta, here in Canada, WAS pulling in TRAIN LOADS of money from oil. They were swimming in it!
So, instead of putting it in the bank and lending it out or whatever it is you do with buckets of money, they spent it wildly making EVERYONE happy.
I thought: "Ooops, bad move. Just wait til the price of oil drops."
NOW, Justin Trudeau is spending my taxes on bailing THEM AND a US company out by buying a pipeline that won't be built and making promises galore......sigh. If only people had brains and politicians used them.
If they had spent all that excess on, say, solar research etc.
If only Trudeau wasn't wasting money on a dying industry.
If only Trudeau would cry and apologize to me for wasting my money while high.
https://www.theglobeandmail.com/politics/article-trudeau-criticized-for-tweet-to-trevor-noah-pledging-50-million-to/ [theglobeandmail.com]
--- Please remind me if I haven't been civil to you: I'm channeling MDC. ---Gaaark 2.0 ---
(Score: 0) by Anonymous Coward on Thursday December 06 2018, @04:48PM (1 child)
I didn't have a high opinion of Trudeau coming into your elections a few years back, but I warmed to him, thinking 'maybe he'll turn out to be the right guy'. But much like Obama it was just more carefully tailored imaging before he turned out to be another tool of the status quo.
Don't worry though, you guys are now perfectly aligned to have the Canadian Donald Trump so you can MCGA... Although that looks more like an 80s graphics standard than a slogan for Canadian revitalization and pride :D
(Score: 2) by Gaaark on Thursday December 06 2018, @05:27PM
Yeah, he got elected on his name and looks: our very own 'celebrity' leader. He did get 'managed' effectively at first but he's gotten out of control with his apologizing, crying and spending our tax money (notice he didn't offer to donate his own money to that celebrity cause... but CANADA'S money? Hell yeah.
Someone needs to freeze his twitter account and silence him.
He's quickly becoming a loser leader who will be tossed, and unfortunately that will open things up big time for the Conservative losers.
Here's hoping Green get in (i can dream about a GOOD future for Canada, can't i?)
MCGA by voting for someone other than the big 2(.25) parties: lets vote for (hoping) some integrity (and not just in Canada).
--- Please remind me if I haven't been civil to you: I'm channeling MDC. ---Gaaark 2.0 ---