I wish my country had a fuck load of oil.
Well we kinda did before the Witch sold it to all her mates on the cheap.
I wish my country had a fuck load of oil.
That hasn’t worked out well for the people of many countries that have oil. In Saudi Arabia, women only got the right to drive legally in 2017.
Here’s the 2022 top 10 oil producing nations. How many of those would you like to live in?
- United States 12,900,000[8]
- Russia 9,480,000[9]
- Saudi Arabia (OPEC) 9,060,000[9]
- Canada 4,778,973[10]
- Iraq (OPEC) 4,340,000[9]
- China 4,016,664[11]
- Brazil 3,670,000[12]
- United Arab Emirates (OPEC) 3,250,000[9]
- Iran (OPEC) 3,140,000[9]
- Kuwait (OPEC)
Canada seems as the only sane choice.
USA is fine if you are rich - majority of people aren’t.
Russia, Saudi Arabia, Iraq, China, united Arab emirates, Iran, Kuwait - may as well label them country A, variant X.
Brazil - not sure about this one.
Canada it’s the only country that wasn’t shit before it got oil. USA wouldn’t be too bad either and would be worse without oil.
That says nothing of oil just those countries and where they are in the world. Countries next to them without oil are just as bad.
My country did have oil and it got us out of stagnation, we just didn’t have enough of it and miss used it.
Norway has huge oil per capita and it’s doing great. But it wasn’t a shithole before it had oil either.
Both Canada and the US have a solid middle class and residents enjoy quite a bit of freedom. Norway is also near the top of the list, and have made oil into a huge boon for the citizenry.
The biggest thing is countries need to either have a diverse economy or they need to use the oil wealth to build such an economy. Many of the countries on that list have not and they are in for a bad time when the oil runs dry or others simply produce enough that they no longer matter. Venezuela should be higher on that list, but they really screwed themselves. (Countries like China, despite producing a fair bit of oil, actually import a shitload via sea routes they have no ability to protect. It’s actually a huge vulnerability for them if they find themselves on the wrong side of a blockade.)
But, back to the point, it isn’t so much that oil makes your country shit. It’s just that oil happens to exist heavily in a region filled with shit countries (and don’t be mistaken, their are many shit countries in the world). The Middle East has been a disaster area for a long, long, long time.
Both Canada and the US have a solid middle class and residents enjoy quite a bit of freedom. Norway is also near the top of the list, and have made oil into a huge boon for the citizenry.
I agree on those points, and you’re supporting mine. Of the top 10, only 3 are generally desirable. OP was wanting oil in their country. I’m pointing out that there’s less than a 30% chance that it would turn out well for their country. I also didn’t directly point out that even if it turns out well for their country, there’s nothing saying it would turn out well for OP. There are still those in poverty in those 3 desirable countries.
Any of them, as long as I get to choose the house and location.
All of them except russia, chuba, and brazil
If your country’s economy is based on a single basic commodity, you’re going to have a bad time. These countries tend to be brutal dictatorships.
I didn’t say I wanted it based on a single commodity I said I wanted my country to have more oil.
Those countries were dictatorships before they had oil and the ones around them they don’t have oil at dictatorships
It was sold kinda on the cheap, but it did dig us out of a hole. (Can’t believe I’m defending the milk snatcher…)
I love every day that I don’t use gasoline.
Gasoline is only one part of what comes from oil. If you participate in modern society, you’re using petroleum products whether you like it or not lol
This is the best summary I could come up with:
DUBAI, United Arab Emirates (AP) — Saudi oil giant Aramco on Sunday reported it made $121 billion in profit last year, down from its 2022 record due to lower energy prices.
However, lower results also squeeze the kingdom as it embarks on a massive development project under its assertive crown prince to wean itself off oil revenues.
“Our resilience and agility contributed to healthy cash flows and high levels of profitability, despite a backdrop of economic headwinds,” said Aramco CEO Amin H. Nasser in a statement.
Saudi Arabia, a leader in the OPEC cartel, has allied with Russia and others outside of the group to try to keep production down to boost global oil prices.
Saudi Arabia’s vast oil resources, located close to the surface of its desert expanse, make it one of the world’s least expensive places to produce crude.
The vast majority of the company remains held by the Al Saud royal family, with a sliver traded on the Tadawul stock market.
The original article contains 454 words, the summary contains 164 words. Saved 64%. I’m a bot and I’m open source!
