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submitted 9 months ago by PanArab@lemmy.world to c/technology@lemmy.world
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[-] joyjoy@lemm.ee 15 points 9 months ago

The less oil they burn, they more they can sell to the West.

[-] Wanderer@lemm.ee 8 points 9 months ago

I assure you they have no issue with that.

They could probably double their output if they wanted. But they don't, they want high prices not more oil.

[-] PanArab@lemmy.world 1 points 9 months ago

Saudi Arabia has a policy to reduce oil consumption locally. The government subsidizes power to the people, so if solar/wind is cheaper they will be adopted as it will save the government money.

this post was submitted on 02 Jan 2024
143 points (89.9% liked)

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