The use of the term in the popular media often excludes the national producers and OPEC oil companies who have a much greater global role in setting prices than the supermajors.
But yes, the USA does produce more oil than Saudi Arabia.
Since many stockholders are british, and the company has its headquarters in London, yes of course.
But my argument is also historical, where many of the oil fields in Saudi Arabia used to be operated by western oil companies. The Wahhabi fundamentalists were brought into power by the British and Americans to make the access to oil easier for them, Iran was couped by the CIA for western Oil access etc.
Blaming the countries where oil is exploited for the fossil society that was built and is maintained by western countries is cynical and hypocritical.
Lets look at the Big Oil companies https://en.wikipedia.org/wiki/Supermajor:
Which of these companies is Arabian, Persian, African or South American?
All i can see is US Americans and Europeans, predominantly Englishmen and their descendents.
They’re just listing western firms which aren’t controlled by governments/royalty
Are all big and what he’s talking about
The biggest oil producers in 2019 were:
https://www.offshore-technology.com/features/companies-by-oil-production/?cf-view
So one European with Rosneft and two US American with ExxonMobil and Chevron.
But yes, the USA does produce more oil than Saudi Arabia.
https://en.wikipedia.org/wiki/List_of_countries_by_oil_production
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Since many stockholders are british, and the company has its headquarters in London, yes of course.
But my argument is also historical, where many of the oil fields in Saudi Arabia used to be operated by western oil companies. The Wahhabi fundamentalists were brought into power by the British and Americans to make the access to oil easier for them, Iran was couped by the CIA for western Oil access etc.
Blaming the countries where oil is exploited for the fossil society that was built and is maintained by western countries is cynical and hypocritical.
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