Velodyne Lidar acquires AI software company Bluecity
Schlumberger to integrate Gradient water technology in direct lithium extraction process

OPEC+ to cut oil output by 2 mb/d from November; Saudi Arabia and Russia account for half

At the 45th Meeting of the Joint Ministerial Monitoring Committee (JMMC) and the 33rd OPEC and non-OPEC Ministerial Meeting (OPEC+) in Vienna, the organizations decided to cut crude oil production by 2 million barrels per day (mb/d), starting in November 2022.

The adjustment will reduce OPEC+ production from 43,856 million barrels per day (required August 2022) to 41,856 mb/d—a cut of 4.6%.

Of the reduction, Saudi Arabia (OPEC 10) and Russia (non-OPEC) account for more than half (a drop of 526,000 barrels per day each); the two countries are the top producers in OPEC+, with required production as of August 2022 at 11.004 million barrels/day each.

US National Security Advisor Jake Sullivan and NEC Director Brian Deese issued a joint statement expressing President Biden’s disappointment in the “shortsighted decision” to cut production quotas. Biden traveled to Saudi Arabia in July 2022, seeking an increase in oil output.

Production targets for OPEC+




These days we are oppressed by gasoline prices and battery prices. They control petroleum production and there is not enouph refinery production. I hope gold hydrogen will really increase to push gasoline prices down.


We have to begin commercialisation of gold hydrogen now to push gasoline price down now. I have actually a gas car and i want to save on gas now up to the moment that my car is worn-out , then i will buy a hydrogen ice car or maybe methanol or ammonia one made with gold hydrogen at low price. This is possible, this is not the time to keep a slow pace. We are in the danger of a recession, gold hydrogen will help prosperity. We can also make carbon neutral synthetic gasiline with plenty of cheap gold hydrogen.


@Gorr, can you put up some gold hydrogen links.
It sounds very interesting.
+ I wouldn't hold your breath waiting for H2 ICE or ammonia or methanol.
Maybe look at a hybrid like a Prius or a Corolla.
Or get a bike and drive less (if this is possible for you).
(Even an e-bike).


This is a link about go;d hydrogen

The comments to this entry are closed.