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legitster 5 hours ago

Depending on the type of oil and the refinery availability it's not that simple. Not all sources of oil can go to all refineries.

Also, there's the bigger geopolitical problems that creates. If the US knocks over the global energy supply and then retreats and abandons our trading partners, the knock-on effects would be even worse.

A large part of the reason WWII existed was the breakdown of international trade during the Great Depression. Countries without domestic supplies of their own were forced to grab territory instead of peacefully trading for what they needed.

at-fates-hands 5 hours ago | parent [-]

How do you think the UAE leaving OPEC will effect the oil markets in the coming months and years? Its being touted as having a major impact.