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OPEC has generaly set country targets based on peak capacity and reserves. Everyone has assumed the numbers have been part bullshit for 50 years because there
by jcampbell1 7y ago
OPEC has generaly set country targets based on peak capacity and reserves. Everyone has assumed the numbers have been part bullshit for 50 years because there is a huge incentive to lie to have higher OPEC allowances. Frankly, they'd make more total revenue over the long term if they didn't lie.