this post was submitted on 02 Jan 2024
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[–] [email protected] 8 points 10 months ago (1 children)

I assure you they have no issue with that.

They could probably double their output if they wanted. But they don't, they want high prices not more oil.

[–] PanArab 1 points 9 months ago

Saudi Arabia has a policy to reduce oil consumption locally. The government subsidizes power to the people, so if solar/wind is cheaper they will be adopted as it will save the government money.