Geopolitics of Oil
America is biggest oil and natural gas producer in the world. USA must make an agreement with OPEC to control output of petroleum and thus control the price of petroleum. Russia is one of top oil producing countries and has been cooperating with OPEC to cut back on oil output increasing price of oil. America must also make cooperation agreement with OPEC to help with balancing price of petroleum. It is also very helpful for controlling World Economy.
Middle East, Caspian Sea, and Red Sea have produced oil for decades and even centuries. It is now the time for these regions to reduce and stop oil output and transform their economies. We have expanded petroleum output of Russia and USA to beyond ten million barrel of Petroleum per day. It is now Russia and USA turn to produce oil and even export them to other countries. We need to preserve Middle East’s oil for future of the region and for the whole world.
If America does not join OPEC and if America’s Oil Production keep the price of oil for low then we will bring Saudi Arabia, Qatar, UAE, Kuwait, Russia, China, and Europe to purchase American Oil Well and Oil production sites. America must either join OPEC or become great Banana Republic.