OPEC’s end will be a win for humanity
and America — another Trump miracle

Not holding my breath.

One less yacht for junior princes.

Dimbulb leftists are asking, "but what about the price of gasoline today?"

#3 - and don't forget all those other dim bulbs whing about the price of gasoline while getting another tattoo and/or new set of acrylic nails.

Is Venezuela still part of OPEC now that Maduro is gone? So far it is just the UAE. Need a few more countries to leave before declaring victory.

I doubt that OPEC will end. There is too much money to be made from limiting oil pumping to increase prices. When OPEC first flexed in 1971 (IIRC), they jumped oil market prices from $3 a barrel to $12 a barrel. This quadrupled their profits. They have been doing it again and again for over half a century. Now oil is a "rare" commodity, which is pure BS, since oil is commonly found all over the globe The amounts under Lake Maracaibo in Venezuela are almost unfathomable, although that particular crude type is kinda of nasty, too much asphalt in it for convenience. But many places have huge quantities. Prices should be much lower than they are. I'd hope we get down to $35 to $40 a barrel eventually, with that being more equivalent to the old $3 a barrel price, allowing for the 10X devaluation via inflation of the dollar since then.

OPEC has been an extortion racket from day one. Democrats made it worse by shutting down domestic oil production. I'm sure money changed hands.

I hope Detroit doesn't go wild and start building 427 ci engines again, although I would probably buy one.

Expecting OPEC to end because of the UAE's departure seems like a stretch. Keeping in mind that OPEC controls say a third of the world's overall crude oil production, that's still enough for the member countries to keep OPEC around. In the big picture, there isn't a central global organization that controls the supply and pricing of crude oil. Aside from OPEC, there are plenty of other non-OPEC producing countries (like America). The financial markets can also influence pricing. And of course, geopolitical events. The msm likes to package things around OPEC because that makes it easier to frighten people the minute gas prices go up. However, if UAE's departure should cause OPEC's demise, wonderful.

It can't last, regardless of who's POTUS. When OPEC was formed, the USA had not discovered "Fracking," and the world was much less "explored" than it is today. As I say, "Almost anywhere on earth has either Oil, or Natural Gas, or Both." In some places it's much easier to obtain than others, but it's still there. According to the "Abiogenic Petroleum Origin Theory," the earth, under extremely high-heat and high-pressure within, transforms its trapped Methane gas, leftover from earths formation in the Big Bang, to become petroleum, or to remain as Methane, aka, Natural Gas, with unique local impurities added, giving a "fingerprint" to each. There have been several oil-wells in the Gulf, which had been "capped" and abandoned several decades prior, after they had been pumped to exhaustion. When they were opened up for re-work evaluation, they were all found to be brimming with the same concentration of oil as when they were at their peak, and not only that, but it was oil with identical composition! By contrast, according to Petroleum's "Biotic Theory," a very large number of dinosaurs had to crawl down the pipe and rapidly decompose, in order to become oil. The earth is always producing Oil from its massive quantity of internal Methane, a compound that NASA scientists even found on rocky "exo-planets" far removed from ANY "biotic" sources. The USA is now the worlds #1 producer of Petroleum, while Russia ranks #2, UAE #3, and Saudi Arabia #4. You can see where this is heading when even Israel has its own coastal supply now.

Reply to #10: FTA: "There have been several oil-wells in the Gulf, which had been "capped" and abandoned several decades prior, after they had been pumped to exhaustion. When they were opened up for re-work evaluation, they were all found to be brimming with the same concentration of oil as when they were at their peak, and not only that, but it was oil with identical composition!" Your concept is facing a huge statistical hurdle, considering the ratio of "several oil-wells in the Gulf" that were thought to be depleted but then "were all found to be brimming", to the tens of thousands that, once depleted, never recovered...at all. A far more plausible explanation for those few that you presume to have recharged by a seemingly endless supply of "abiogenic" oil is that they had initially coned water into their perfs, but after years of no production, the cones relaxed, allowing the oil-water contact to reconnect the perfs to vestigial attic oil. What you fail to mention is that in no case did any of those "several oil-wells" recover anywhere close to their original, pre-shut-in cums. Also, your reference to dinosaurs as the source of hydrocarbon in the "biotic theory" neglected to mention the far greater biomass of oceanic diatoms, which a more accurate reference to the biotic theory would have credited as the main source of biogenically-sourced hydrocarbon. Finally, the methane you seem to think was captured someplace at great depth in the Earth's core, at temperatures and pressures far higher than any at typical reservoir depths, would have long ago been cooked into rock-hard minerals far beyond any chance of later being reconstituted into recoverable oil or natural gas.

Trump is very destructive to our enemies.

I just wish the oil companies, one of whom I retired from after 33 years, would give the American consumers a break, and then sell the overage overseas for whatever the market will bear. $4 a gallon is price gouging, considering the current price per barrel.