Agriculture vs oil

[DrBeer]

USA is large enough in its oil production to join OPEC if they wanted.  Its also true their consumption is massive but in resources they have more then enough, half a century forward if required.   Venezuela has the largest reserves in the world but not the efficiency to extract and refine it profitably.   Its part of a market and export vs import, some times its easier to buy production from abroad but I have no doubt USA has any lack of oil.
   Same reasoning I would apply to Russia benefiting from occupying Ukraine.   Disregarding any law or morals to their actions, there is little sense from any perspective.  Russia wont benefit from this war, at the very best they eliminate a competitor in some way but the world has plenty more waiting.
   The usable land mass of Russia is expanding massively every year, not by invasion of others but their own land sealed in permafrost is becoming available which means even more oil and gas.   Yet like Venezuela's fate they lack the people, the sophisticated industry and efficiency to profit.   War will not profit them or anyone else, the only strategy was to hurt others more then themselves and even this is questionable.

What's the point of the US becoming a member of OPEC ? They're essentially competitors of the US. Therefore, the U.S. plays its own game - its own production, plus most likely there will be oil from Venezuela, plus the U.S. has the opportunity to settle oil production issues with Saudi Arabia. And this is enough to stabilize or even manipulate the oil market. And joining OPEC is unnecessary restrictions and obligations, especially in this "alliance", there are frankly specific countries that, to put it mildly, hate the United States. Therefore, if the U.S. joins any oil union, it will be a U.S.-led union )

[SatoPrincess]

Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?

Oil is a bigger sector of economy than agriculture. The value of oil cannot be overstated, countries have fought civil and international wars because of oil wells. The whole world revolves around oil, every country wants a treaty with an oil producing nation that is why the Saudis have become wealthy and powerful in the world today. Ever heard the term ‘oil money’? With the profits and influence they have gathered from oil exports, the country can move into other sectors like agriculture, sports, health e.t.c.

[Dunamisx]

We know the oil market is booming and countries with oil resources are really making a huge fund out of it and sometimes they do it at the negligence of another local natural resource.

Maybe if you ask me i will say that oil is no longer booming as before ever since the invention of bitcoin, to say the fact oil boom was part of the reasons many left the practice of agriculture for the gold rush in oil boom and all we could acheive after all that are these present results with inflation and recession threat.

But, of course, the agricultural sector, though not given the proper recognition and the required investment is one sector that contributes seriously to the development and dependence of most nations

All these were actually things of the past and not anymore invoke, except we all can realized the need of going back to the practice of agriculture which we left times back and possibly together with bitcoin, things may change and turn around.

[Rasa nanas]

agriculture and oil are two very important factors because agriculture is related to food security and oil is related to energy. but currently each country has started to manage its own food security but regarding oil not all countries can manage it because they do not have sufficient oil reserves. On the other hand the food sources that we need every day are renewable resources, but oil is a nonrenewable resource. That's why currently many countries are eyeing oil and making countries that have abundant oil reserves make big profits.

[Hispo]

agriculture and oil are two very important factors because agriculture is related to food security and oil is related to energy. but currently each country has started to manage its own food security but regarding oil not all countries can manage it because they do not have sufficient oil reserves. On the other hand the food sources that we need every day are renewable resources, but oil is a nonrenewable resource. That's why currently many countries are eyeing oil and making countries that have abundant oil reserves make big profits.

No country can survive without both of those things: food and energy. There is only one way to get food and that is growing it from the soil, however oil is completely essential for the development or the survival of a nation, because it is not the only source of energy, one can get energy from the sun, rivers, the wind, uranium and even from the own crops as well (bio diesel/ethanol).
That is why I believe countries should not focus so much on oil and focus more on their food security, develop more infrastructure to reduce hunger among their population while there is a steady transition towards renewable energy and slowly decreasing the consumption of fossil fuels.

Land is supposed to be used and instead leaving unproductive land behind, it must be taken care of, that is one of the important lessons we did not learn here in my country, even after struggling with hunger for years.

[MarjorieZimmermanGinger]

agriculture and oil are two very important factors because agriculture is related to food security and oil is related to energy. but currently each country has started to manage its own food security but regarding oil not all countries can manage it because they do not have sufficient oil reserves. On the other hand the food sources that we need every day are renewable resources, but oil is a nonrenewable resource. That's why currently many countries are eyeing oil and making countries that have abundant oil reserves make big profits.

In some countries the agricultural sector is much larger than the oil sector and we cannot generally see that the oil sector is a bigger sector in a country. Not all countries have petroleum and not all countries have an extensive agricultural sector, both of these are important sectors as aspects that should be considered, but for my country the agricultural sector is the largest contributor to the country's economy through export channels. This sector also absorbs many job opportunities in rural areas as one of the options available to the community, so these two sectors have their respective roles for some countries and may depend on the availability of one of them.

The oil sector appears to be stronger in some countries and vice versa for the agricultural sector which is the basis of the national and regional economy. The agricultural sector also plays an important role for our country because of the large amount of land that can be utilized by farmers to produce sufficient crops to export abroad.

[Bloodseekers]

agriculture and oil are two very important factors because agriculture is related to food security and oil is related to energy. but currently each country has started to manage its own food security but regarding oil not all countries can manage it because they do not have sufficient oil reserves. On the other hand the food sources that we need every day are renewable resources, but oil is a nonrenewable resource. That's why currently many countries are eyeing oil and making countries that have abundant oil reserves make big profits.

You are right, these two things are interdependent but not all countries have oil reserves so in this case countries that have large amounts of oil are very lucky for them and in terms of agriculture although not all countries have enough land to be able to do farming they can use sophisticated technology to be able to carry out agriculture.

[Lamkuthang]

You are right, these two things are interdependent but not all countries have oil reserves so in this case countries that have large amounts of oil are very lucky for them and in terms of agriculture although not all countries have enough land to be able to do farming they can use sophisticated technology to be able to carry out agriculture.

I am interested in seeing what Singapore wants in terms of agriculture in the future. Yes. The government there has previously always imported almost all food items and now they want to change the game little by little by encouraging residents to grow their own fruit and vegetables on rooftops and balconies. An exemplary effort in terms of food independence to reduce dependence on foreign countries for food supplies. For oil, they are superior and Singapore is also listed as an oil exporting country

[super bako]

Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?

Oil is a bigger sector of economy than agriculture. The value of oil cannot be overstated, countries have fought civil and international wars because of oil wells. The whole world revolves around oil, every country wants a treaty with an oil producing nation that is why the Saudis have become wealthy and powerful in the world today. Ever heard the term ‘oil money’? With the profits and influence they have gathered from oil exports, the country can move into other sectors like agriculture, sports, health e.t.c.

Arab countries can be said to have a lot of elite people because oil is abundant, and seeing the news circulating that Arab countries are trying other sectors such as sports and agriculture. I don't know the conditions there so I wonder if the oil could run out. What surprised me most was that their country was building a big star casino hotel, this is not a destructive point of view. having a casino built has these pros and cons.

[HONDACD125]

I am interested in seeing what Singapore wants in terms of agriculture in the future. Yes. The government there has previously always imported almost all food items and now they want to change the game little by little by encouraging residents to grow their own fruit and vegetables on rooftops and balconies. An exemplary effort in terms of food independence to reduce dependence on foreign countries for food supplies. For oil, they are superior and Singapore is also listed as an oil exporting country

Among the basic needs of any country, oil and agriculture are the most important, The development of every country is related to both agriculture and oil.Countries with little or no dependence on other countries for food and oil are certainly in the hands of very lucky and excellent decision makers. Encouraging people to grow vegetables and fruits at home is a great effort and can greatly reduce any government's food expenditure.

You seem to be very happy with the Singapore government and should be because they are doing their best.Our country Pakistan is an agricultural country, but still we are not self-sufficient in agriculture, rather our fruits and vegetables are often imported from other countries. Even in the oil sector we are not self-sufficient, and our own needs are not met, but we have to import, but in agriculture we can develop a lot, but the poor policies of our rulers have taken us far behind agriculture.

[JMBitcointernational]

We know the oil market is booming and countries with oil resources are really making a huge fund out of it and sometimes they do it at the negligence of another local natural resource.

But, of course, the agricultural sector, though not given the proper recognition and the required investment is one sector that contributes seriously to the development and dependence of most nations .

No matter how blessed a country is with oil minerals, if its agricultural sector isn't working and she has to rely on other country for her food and agricultural resources then in event of war or political differences they might suffer.

Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?

Oil has factually remained a major Source of income for economic development , which Its effect has remained solute To effective increase in the economic welfare .there are likely other sector that can immensly  contribute To economic growth , like agricultural sector . The question is can agricultural sector sustain the economic needs ?.
Reaserch has It that outside oil booming And Gold mining another sector of the Economy that can sustain And increase economic growth is the Agricultural sector .
 
Agriculture as the name implies has played an immensive role In the economic development outside oil And other sectors, the sale of agricultural products like cotton, wheat, rice , cassava ,Yam , tobbaco And many other Farm produce has actually And magnificantly contirbuted To the Rise Of An Economy as a result of capital generated from the sales of the products .

Oil as a means of economic growth is nice But proper diversification To other sectoral aspects will eventually give a country Edge over other countries because they also grow financially as a result of the funds generated from The sector .

[$anounimus$]

You are right, these two things are interdependent but not all countries have oil reserves so in this case countries that have large amounts of oil are very lucky for them and in terms of agriculture although not all countries have enough land to be able to do farming they can use sophisticated technology to be able to carry out agriculture.

I am interested in seeing what Singapore wants in terms of agriculture in the future. Yes. The government there has previously always imported almost all food items and now they want to change the game little by little by encouraging residents to grow their own fruit and vegetables on rooftops and balconies. An exemplary effort in terms of food independence to reduce dependence on foreign countries for food supplies. For oil, they are superior and Singapore is also listed as an oil exporting country

Singapore is a small country and only has a small population. The small country in the Southeast Asian region is indeed known as the world business center so that the economy there is very strong. But I am amazed by what people in Singapore are doing in strengthening the small scale food sector, they have been able to do something extraordinary when the world is hit by a food crisis. In my opinion, positive things like that must be imitated by people in other countries so that the food crisis does not become a frightening specter. Awareness and discipline must be done by everyone to assist the government in suppressing crisis.

[slapper]

You are right, these two things are interdependent but not all countries have oil reserves so in this case countries that have large amounts of oil are very lucky for them and in terms of agriculture although not all countries have enough land to be able to do farming they can use sophisticated technology to be able to carry out agriculture.

I am interested in seeing what Singapore wants in terms of agriculture in the future. Yes. The government there has previously always imported almost all food items and now they want to change the game little by little by encouraging residents to grow their own fruit and vegetables on rooftops and balconies. An exemplary effort in terms of food independence to reduce dependence on foreign countries for food supplies. For oil, they are superior and Singapore is also listed as an oil exporting country

Singapore is a small country and only has a small population. The small country in the Southeast Asian region is indeed known as the world business center so that the economy there is very strong. But I am amazed by what people in Singapore are doing in strengthening the small scale food sector, they have been able to do something extraordinary when the world is hit by a food crisis. In my opinion, positive things like that must be imitated by people in other countries so that the food crisis does not become a frightening specter. Awareness and discipline must be done by everyone to assist the government in suppressing crisis.

Although we applaud their achievements, are these strategies universal? Unique economic structure, strong governance, efficient policies, and high public compliance are vital to Singapore's success. Countries with differing economic dynamics and government styles may struggle to copy. Their remedies may need socioeconomic changes.

Is it important to detail these strategies? Technology, government incentives, and public-private partnerships may be Singapore's solution. Understanding these complexities helps adapt them. Some countries with larger agricultural sectors or climatic issues may need to adapt these policies. Dont we need a country-specific resilience formula rather than a generic one?

[shushu9977]

Both agriculture and oil are very important for any country in the world. If we have both, then the country will be taken the leadership. If we have one, then we need to help from others. By the way, I am the side of agriculture if you want to take one. Because we eat to live.

[JayTrain]

Both components are very important in the economic sense of a country or city. But I think it will be difficult for a person to cope without agriculture, because this is the primary thing a person needs for life. Oil is also important in processing into fuel, then transporting the same agriculture from point A to point B.

[cryptoknightt]

Even though they don't have good agricultural resources, those who have a lot of oil resources, I think, will still be prosperous because they can barter, agriculture is easier to make than oil, you have to get it from oil sources.
Previously, we had to plant plants outside, but now there are people who plant them indoors, underground or wherever, as if that could be done.
but not with oil, you still need the core ingredients from the source.

[CryptSafe]

The role and importance Agriculture play in the growth of the economy of a nation can never be overemphasized. Of a truth Oil too has its role to play but it can not be substituted for food as agriculture can provide food for man. Before the discovery of oil, the economy of nations were driven by Agriculture and that has built their economy to sustenance before the advent of crude. Although crude oil paved way for fast development of technology and other important aspect of the societal growth and some too were also developed to further make agriculture more enticing and appealing too which results to fast agricultural production in the society so as to meet up with the teaming population and demand of the society for food and raw materials.
Nevertheless both economies are very much important to this point in time as the world economy strive on them to sustain her populace and ego.

[EarnOnVictor]

USA is large enough in its oil production to join OPEC if they wanted.  Its also true their consumption is massive but in resources they have more then enough, half a century forward if required.   Venezuela has the largest reserves in the world but not the efficiency to extract and refine it profitably.   Its part of a market and export vs import, some times its easier to buy production from abroad but I have no doubt USA has any lack of oil.
   Same reasoning I would apply to Russia benefiting from occupying Ukraine.   Disregarding any law or morals to their actions, there is little sense from any perspective.  Russia wont benefit from this war, at the very best they eliminate a competitor in some way but the world has plenty more waiting.
   The usable land mass of Russia is expanding massively every year, not by invasion of others but their own land sealed in permafrost is becoming available which means even more oil and gas.   Yet like Venezuela's fate they lack the people, the sophisticated industry and efficiency to profit.   War will not profit them or anyone else, the only strategy was to hurt others more then themselves and even this is questionable.

What's the point of the US becoming a member of OPEC ? They're essentially competitors of the US. Therefore, the U.S. plays its own game - its own production, plus most likely there will be oil from Venezuela, plus the U.S. has the opportunity to settle oil production issues with Saudi Arabia. And this is enough to stabilize or even manipulate the oil market. And joining OPEC is unnecessary restrictions and obligations, especially in this "alliance", there are frankly specific countries that, to put it mildly, hate the United States. Therefore, if the U.S. joins any oil union, it will be a U.S.-led union )

I didn't get that correctly, did you say you hate the US or you just wrote it figuratively?

Besides, it's certain, the US is the world leader and they can't be otherwise somewhere in the energy market, not even in OPEC. But this shouldn't be an issue of debate and the US is not the only powerful country that is not among the OPEC member states, Russia and other countries are included. What baffles me is that the US is not so mentioned when it comes to crude oil, the two most important names often heard are the OPEC body and Russia. This is why the US doesn't have any means to control the crude oil price other than when there is a crisis when the president might give the approval to release some reserves. This is rare though, it's OPEC that majorly adjusts the world oil, and when they cut or increase the pump capacity, every crude oil segment feels it (WTI, Brent Ice and others).

This might be for a reason that the US is being careful so that the world will not say despite the huge power and dominance they have in the world, they are still controlling the energy price to enrich themselves. That's by the way and I was just saying. Still, it is wise indeed if that is the case, and it's good for Saudi Arabia to have her influence in the sector since they have more oil and for being in another continent to balance power and to prove the US's neutrality.

[Iroh]

What's the point of the US becoming a member of OPEC ? They're essentially competitors of the US. Therefore, the U.S. plays its own game - its own production, plus most likely there will be oil from Venezuela, plus the U.S. has the opportunity to settle oil production issues with Saudi Arabia. And this is enough to stabilize or even manipulate the oil market. And joining OPEC is unnecessary restrictions and obligations, especially in this "alliance", there are frankly specific countries that, to put it mildly, hate the United States. Therefore, if the U.S. joins any oil union, it will be a U.S.-led union )

There is actually little point of the US joining and becoming a member of OPEC. It would be bound by their rules and regulations as well as production quotas which would probably not go down well with the US.
And like you noted, if the US were to join any alliance or union, I’m pretty sure it would desire to be at the head of such a union. And with OPEC, of which Saudi Arabia is a leading member, interests are sure to clash. While the US produces a shit load of oil on its own as well as having an incredible amount in reserves, I think the US has very little to nothing to gain from aligning itself with the Union. It’s been drilling and the production rate has increased recently and doing quite well by itself.

[MegameSama]

depending on the conditions, if in stable conditions like most of the world now, agriculture and oil should go hand in hand, there are too many modern tools that require oil as their main fuel, say tractors, trucks carrying agricultural products, etc. If conditions are stable, it seems that oil is more profitable from an economic perspective. but in conditions of war or crisis it seems that agriculture is more profitable from an economic perspective, in unstable conditions countries that do not have food security will die slowly, people cannot eat oil, but agriculture can still grow without sophisticated equipment and oil.