Was there a deliberate plan to keep the price of oil low?

[justinlamode]

The ongoing war in the Middle East have revealed one of the greatest secret the West has kept intact and an agender they have pushed over the years and that is that oil was going to be worthless and that renewable energy is the future. Many countries including France were at the front of the campaign against fossil fuel which was why they plan to stop the production of cars that run on petroleum products siting environmental concerns. Today we have seen how valuable oil still remain despite the noise and campaign against oil

This now begs the question,  was there a deliberate plan to make oil very cheap? Why are country no longer relying on their precious renewable energies now that their is war in the oil rich Middle East? Why are prices of everyone other thing skyrocketing due to rise in oil price?

[7juju]

The transition was not meant to be immediate, the move to green energy was something that was projected for the future, and it was supposed to be a gradual phase and not something that was going to happen all of a sudden that people never planned for that's why it's looking like this restraint in oil movement caught people unaware. Let's say 100 years from now the reliance on oil won't be that much that's just the truth, and with what's happening right now, I think it will even accelerate the move into greener energy, so that should there be war in the future people won't be held hostage like we are experiencing today.

[Fortify]

Is it possible that you just don't understand the economics of something, so rather than being a secret it's actually known to pretty much everyone else in the world. Also, "the West" are not the exclusive consumers of oil - every single person in every single country around the world benefits when prices are lower. People were not campaigning against the price of oil, they were complaining that it is an incredibly dirty fossil fuel and it will eventually run out - countries that make efforts towards renewable energy are the ones that understand it is a finite resource. Preparing for the day that this resource eventually runs out or gets prohibitively expensive is prudent planning, but you only want to demean that? Cheap is relative as well - while there are different types of oil barrel prices, you can find what the consumer pays after government taxes can vary wildly all over the world.

[Churchillvv]

According to one of my teachers he said if you want to confuse people be the first to test it and declare it evil, the western world having a futuristic plan on what the value of oil will be in the nearest future have to create and agenda against it that will make the people who who have been more profitable than them stay clear, when you think of it rationally you would have known that the value of crude cannot be underestimated, just like we know that even the batteries the renewable energies would have still required contents from crude oil hence, looking at bitcoin too it was made evil for the people just for them to later part on it.

[Alpha Marine]

According to one of my teachers he said if you want to confuse people be the first to test it and declare it evil, the western world having a futuristic plan on what the value of oil will be in the nearest future have to create and agenda against it that will make the people who who have been more profitable than them stay clear, when you think of it rationally you would have known that the value of crude cannot be underestimated, just like we know that even the batteries the renewable energies would have still required contents from crude oil hence, looking at bitcoin too it was made evil for the people just for them to later part on it.

Why are you people always so quick to look for a conspiracy in everything? When you say "the people who have been more profitable", who are you referring to exactly? So you believe the West are running an agenda against fossil fuels because they are not profiting from it, or someone else is benefiting more?
15 of the top 20 largest oil companies are based in America and Europe. If you look at the top 50 biggest oil companies, about 30 are companies in Canada, the US and Europe, so how exactly are they not profiting from it? It is not in their best interest for the world to stop using oil.

People may exaggerate it by making it seem like oil is no more useful, or it would be no more useful in 10 years, but I feel only people without brains believe that. Aside from renewable energy, there are a lot of different things that require oil products. But that doesn't mean we shouldn't pursue better alternatives to it.

Do you know there was a very big industry built on whale oil in the 1800s? I mean, companies were built, and ships were bought based on whale oil. It was so big then that they were equivalent to the oil companies of today. At the time, if you told people then that the oil from the ground would put them out of business, they would have laughed at you. The point is, the world is ever-changing. Because the world can't do without something today doesn't mean it will stay that way forever.

[Oshosondy]

The ongoing war in the Middle East have revealed one of the greatest secret the West has kept intact and an agender they have pushed over the years and that is that oil was going to be worthless

Are you sure about this? United States produce the most oil in the world right now. United States is part of the West.

This now begs the question,  was there a deliberate plan to make oil very cheap? Why are country no longer relying on their precious renewable energies now that their is war in the oil rich Middle East? Why are prices of everyone other thing skyrocketing due to rise in oil price?

The war that Israel and United States of America started in Iran has been what that is causing the crude oil price to increase, not that the west are doing something to reduce the oil price before. If the situation end fast, oil price will likely fall. But if the war continues, the oil price may still further increasing.

[davis196]

The ongoing war in the Middle East have revealed one of the greatest secret the West has kept intact and an agender they have pushed over the years and that is that oil was going to be worthless and that renewable energy is the future. Many countries including France were at the front of the campaign against fossil fuel which was why they plan to stop the production of cars that run on petroleum products siting environmental concerns. Today we have seen how valuable oil still remain despite the noise and campaign against oil

This now begs the question,  was there a deliberate plan to make oil very cheap? Why are country no longer relying on their precious renewable energies now that their is war in the oil rich Middle East? Why are prices of everyone other thing skyrocketing due to rise in oil price?

The transition from oil and gas to renewable energy is very slow and costly. The western world would never several decades to switch from conventional energy to green energy. The plan to make oil cheap was deliberate, but it wasn't very smart and it was executed badly.
The vast majority of the people simply don't like electric vehicles. You could search on Youtube and see many videos explaining why electric vehicles aren't popular. The irony is that China is way more successful in the transition to green energy and electric vehicles than the western world, but the liberals and ecology fanatics of the western world were making all that noise and drama around climate change and fossil fuels being very bad for the world.

[Findingnemo]

I don't think they want to keep the price low, but want to control all the oil sources in the world so in the process of attacking and acquiring the control in one or the other way. Now that the ships of other countries can pass throught this might increase the agressive nature from US to take it to futher state.

[Mhizlove]

I don't think they want to keep the price low, but want to control all the oil sources in the world so in the process of attacking and acquiring the control in one or the other way. Now that the ships of other countries can pass throught this might increase the agressive nature from US to take it to futher state.

What you said is not that bad, because in this kind of global issue you see control and powervtyey play a big role than what is being spoken outside. Even if ships are passing now, you see tension can rise at any time and this can make any side feel threatened that's why you see the situation isn't that stable because any little move things might change quickly. So you see countries do act base on interest and not just for peace talk only

[Charles-Tim]

The transition from oil and gas to renewable energy is very slow and costly. The western world would never several decades to switch from conventional energy to green energy.

Renewable energies or clean energies? What I know is that they want to transition to clean energies, energies that does not pollute the environment and that will not increase the risk of global warning. Energy such as nuclear, solar and wind turbine, including a well constructed hydroelectric power. Among them that I mentioned, solar, wind and hydroelectric are renewable energy while nuclear is not a renewable energy but still a clean or green energy.

The irony is that China is way more successful in the transition to green energy and electric vehicles than the western world, but the liberals and ecology fanatics of the western world were making all that noise and drama around climate change and fossil fuels being very bad for the world.

You are very correct but it is worth knowing that China is now increasing production of PMS vehicles that has AGO engines. Another thing is what people prefer. People prefer the PMS vehicles than EV vehicles and it is evident from their higher demand and lower demand in EV vehicles.

[justinlamode]

I don't think they want to keep the price low, but want to control all the oil sources in the world so in the process of attacking and acquiring the control in one or the other way. Now that the ships of other countries can pass throught this might increase the agressive nature from US to take it to futher state.

The question is, what happened to the renewable energy they sold to the rest of the world in order to bring down the price of oil? Or have they suddenly realised that oil is not going to be replaced any time soon? A lot of things are not just clear and that makes me wonder. The war in Iran may not be directly related to strugfle for oil but deep down we know that oil is a factor or a tool being used in this war. I still feel that their is a deliberate plan to downplay the importance of oil in order to reduce the price.

[Emeraldo]

According to one of my teachers he said if you want to confuse people be the first to test it and declare it evil, the western world having a futuristic plan on what the value of oil will be in the nearest future have to create and agenda against it that will make the people who who have been more profitable than them stay clear, when you think of it rationally you would have known that the value of crude cannot be underestimated, just like we know that even the batteries the renewable energies would have still required contents from crude oil hence, looking at bitcoin too it was made evil for the people just for them to later part on it.

The price of crude oil will affect everything that involves buying and selling. Crude oil is very important in the production of fertilizer, cream, plastic, plates, and all forms of gases including cooking gas. This war is going to affect Europe and most of the Asian countries that don't have crude oil. This war will only end if the American government wants the war to end.
Maybe the United States does not know the importance of Iran that is why they think bullying Iran by killing their leader is a threat.

[Gozie51]

You don't expect an immediate transition from fuel powered cars to electricity but you should expect an alternative with the effect of fuel on the environment and its impact on the climate, air pollution that is hazardous to the health of humans. It is also expensive to maintain compared to electric cars. If there is any assumption that the purpose is to keep the price low then it is an alternative that will do that if we borrow a leaf from economics. So competition or competitiveness lead to higher supply and lower demand. If electric cars become popular, then the demand for oil will drop, that's means automatically its price will drop too.

[Hamza2424]

The ongoing war in the Middle East have revealed one of the greatest secret the West has kept intact and an agender they have pushed over the years and that is that oil was going to be worthless and that renewable energy is the future. Many countries including France were at the front of the campaign against fossil fuel which was why they plan to stop the production of cars that run on petroleum products siting environmental concerns. Today we have seen how valuable oil still remain despite the noise and campaign against oil

Bro you took it the wrong way they were not saying oil is useless they were actually trying to sell you the idea that Oil is useless for you, not for them haha, because they wanted to reduce the dependency of their citizens on Oil, they wanted to promote something else for of course businesses purpose and so far they have succeed in this plan and made billions but oil was never useless.

It has its demand, now the prices are really high but at least those who did not buy a car at that time due to this might not be paying a high amount for petrol but of course they must be paying more for other things that have been impacted due to the war, as the gas and oil shortages have caused huge disruption in businesses worldwide.

[Churchillvv]

According to one of my teachers he said if you want to confuse people be the first to test it and declare it evil, the western world having a futuristic plan on what the value of oil will be in the nearest future have to create and agenda against it that will make the people who who have been more profitable than them stay clear, when you think of it rationally you would have known that the value of crude cannot be underestimated, just like we know that even the batteries the renewable energies would have still required contents from crude oil hence, looking at bitcoin too it was made evil for the people just for them to later part on it.

The price of crude oil will affect everything that involves buying and selling. Crude oil is very important in the production of fertilizer, cream, plastic, plates, and all forms of gases including cooking gas. This war is going to affect Europe and most of the Asian countries that don't have crude oil. This war will only end if the American government wants the war to end.
Maybe the United States does not know the importance of Iran that is why they think bullying Iran by killing their leader is a threat.

Of course the US government have enough information and intelligence to know that the Iran is a place where shouldn’t be bullied in the first place because they now understand the power they have and what it means for them which is why they also invested heavily on war materials like the drones hence choosing to remove the current leadership to install one that will give the US the monopoly to control the oil movement is the major target of trump but unfortunately it was a very miscalculated move because not everyone will be willing to to surrender after knowing how much of control they have over the world economy, however. In terms of oil pricing I guess people were driving away from the core value of oil with the declaration that its use will die or become less value but that statement was a futuristic statement, but most never knew.

[Furball808]

This now begs the question,  was there a deliberate plan to make oil very cheap?

For example, a lot of gas stations in my country are private corporations. Some have even made the conscious choice to help lower the price. But not all corporations can do this nor will they actually do it.

Why are country no longer relying on their precious renewable energies now that their is war in the oil rich Middle East? Why are prices of everyone other thing skyrocketing due to rise in oil price?

Renewable energies are still on the process of perfection. It’s not as efficient as oil. The process that is done to extract those energies may not be yet efficient enough to sustain the country.

[Die_empty]

The ongoing war in the Middle East have revealed one of the greatest secret the West has kept intact and an agender they have pushed over the years and that is that oil was going to be worthless and that renewable energy is the future. Many countries including France were at the front of the campaign against fossil fuel which was why they plan to stop the production of cars that run on petroleum products siting environmental concerns. Today we have seen how valuable oil still remain despite the noise and campaign against oil

This now begs the question,  was there a deliberate plan to make oil very cheap? Why are country no longer relying on their precious renewable energies now that their is war in the oil rich Middle East? Why are prices of everyone other thing skyrocketing due to rise in oil price?

When you mention the West, do you mean the US, Europe, US, and Australia or just the United States. I am asking this question because it is evident that Donald Trump didn't consult any Western country before starting this Iran. This way was planned and is executed by the US and Israel. So your insinuation that this war planned by the West  to make oil cheap is false.

Another question is why the EU would support a war when it is not fully diversified away from fossil fuels. Most of the US and most European nations still rely heavily on fossil fuels. The EU is even proposing moving the deadline for the scrapping of combustion engines from 2035 to another year in the future.

This war is the creation of Trump and Netanyahu.

[PocketAurora]

There’s no grand conspiracy needed, just economics.
Oil has always been strategic, so countries try to balance energy security, price stability, and politics.

Renewables are long-term plays. Oil is still the short-term backbone. 

[Findingnemo]

~
You are very correct but it is worth knowing that China is now increasing production of PMS vehicles that has AGO engines. Another thing is what people prefer. People prefer the PMS vehicles than EV vehicles and it is evident from their higher demand and lower demand in EV vehicles.

It depends on the country too, some countries are subsidizing the electric vehicles that will encourage the users to buy more of that and they can also offer tax exemptions but still electric vehicles are good for domestic or small vehicles while big carriers still relies on the internal combustion for the efficiency, we are still in the transition period and if we come up with a technology that gives long ranges then people will switch to the EVs, but as of now people only buy EV for daily commute.

[YOSHIE]

Was there a deliberate plan to keep the price of oil low? 

If we talk about the economy and oil, of course we all understand that oil is one of the sources that makes other products skyrocket. If oil prices rise, that will happen automatically, otherwise stable oil prices will create stable economic growth.

But we understand that the Middle East is currently the largest oil field in the world. We admit that, historically Iran is not one of the world's largest oil suppliers, it's just that the Strait of Hormuz is the world's oil trade route in the Middle East. But if trade is back on track and there are no obstacles, of course oil will be stable and business countries will no longer care about the Iran war, so it is natural that we see oil currently in a low and stable position.