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Sky News Australia

Sky News Australia

6,180,000 subscribers

👁 15,956 views

'Great news for America': US oil dominance highlighted amid UAE OPEC exit

Video Overview & Insights

Flash Justice Co-founder Lee Trink commented on America’s standing after the United Arab Emirates decided to exit OPEC.

Excellent analysis. Spot on. Europe can't see anything straight. The Gulf states will usher in a new era alongside Israel.

— @gnolan4281

“It's great news for America,” Mr Trink told Sky News host Danica De Giorgio.

“I don't know if everybody realises, but at this point, America is the number one oil provider in the world, eclipsing Saudi Arabia.

Only winners are the elites. Stealing every countries natural resources. Funny how Sky news words it.

— @OldmanRich

“It’s great for prices, it will stabilise prices or bring down prices … It gives America greater authority and control around this market."

Trumps social media posts show he is a f en moron

— @Jojoau648

More User Perspectives

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Trump wins...Hands down. How Europe and Australia will rue the cowardice of their current crop of leaders.

@Mlyn-e3d
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Fun fact: before orange 🍊 friend of Epstein attacked Iran, Strait of Hormuz was open. America can’t finish the war it started since it’s a Paper Tiger 🐅

@Mitya.6261
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(Disclaimer: I don"t know if the following information is true or not, but it is what I have been told and is what I believe to be true.) The way I understand it, when OPEC was created, a special agreement was made with all OPEC members. (That would be all oil producing countries... except for two countries that decided not to join... Iran and Iraq.) The agreement was that all oil sales will be purchased using American dollars only. For consideration of this agreement (contract), those OPEC countries would benefit from a great discount in the price of the oil, and the US would pay an increased price for oil, but the savings they enjoyed from said agreement, and/or the extra money they received from US purchases, must be used to purchase American debt. The result of such agreement keeps the US dollar strong. (Looks like a win/win situation because the US dollar is the world's reserve currency, and keeping it strong benefits every country holding a portion of their assets in the global reserve currency. (A wise practice to hedge against each country's own national currency taking an unexpected 'hit' in value for any given reason.) The problem with the agreement is: #1-> the US debt being purchased by foreign nations results in those foreign nations owning the US, given enough time, and #2 -> those oil producing nations that did not join OPEC could crash the US dollar by simply flooding the market with super cheap oil. Of course, that would not be a wise move, considering the result would likely bring the wrath of the US military down on them. Nevertheless, Iraq and/or Iran could still decide to take that risk at any given time.

@reneewiemann
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Trump is pushing stable coins a digital payment system , backed by treasury bonds there dumping there $39 trillion dollar debt on the rest of the world.

@jockryan1980
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The US needs the Opec money to pay for the war ..... Iran leadership does not look like they will be able to get it together for years , their oil fields are becoming dysfunctional, Iran will only be able to sell half or less of the oil they once did.
For world security the US needs to pump all the oil out of Alaska , central and south America and leave the continental US as our reserve because we can not secure other areas in time of war ...... this is a deterrent measure just like any weapons system
,,,,,,,,,,,,,,,,,,

@CraftyRoseDentalinstructor.
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God bless PRESIDENT DONALD TRUMP LEGEND from Australia love the USA 🇺🇸🇦🇺👍❤️ END OF STORY GREAT WORK SKY NEWS LEGEND'S 👍❤️

@johnmcdonald1293
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Number one oil provider. Your people have nothing to eat. Bridges roads 50 years old. Wages going nowhere. Yet these tool is shilling for couple of oil companies 😂. Your 15 military bases in Middle East have been blown to pieces. Was that part of a plan to do. Take your fairytale somewhere else .

@kings243-w6e
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I BOUGHT A TESLA LOLOLOLOLOLOLOLOL

@RelaxationMusic495
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Sky news lies like donate trump. Guess they are also owned by Israel

@AdamKruse-yc3kv
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We're fucked in the US, what planet are you people talking about?

@tommyvercetti7326
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See? It was all about oil after all. Venezuela and Iran and that's why the whole world is suffering. Thanks America, now hurry up and clean up the mess you made.

@peterremkes9376
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Yep and the paedo is raking in billions for himself,Kushner and his two sons.

@markfrost7460
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Man you really have no idea what you are talking about

@vonshitz
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Great news for no-one, America is a capitalist country they will increase prices to a point that people can't afford to drive a vehicle.

@robertjohnston211
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heh heh heh a BLOW to iran is a BLOW to CHI-jin-ping heh heh heh

@arturobayangos1223
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Hmm I wonder where this guy gets his facts. Is the US REALLY a net exporter of oil?

@unnuked
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LONG LIVE ISRAELI MILITARY AND MR NETANYAHU❤ LONG LIVE UNITED STATES AND PRESIDENT #47 ❤

@S.Soltani-m9i
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If we open up all the oil rigs that we've closed over the years, we'll do awesome! With new leases being given out and revived, the US is set to prosper on this.

@faustman1000
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Am I getting some kind of oil dividend or something?

Apparently, getting raped up the ass is going great for me.

@georgedobbs9216
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America is chopping the snakes head off in the Middle East. Drying up their proxies and bringing stability. They will be our new allies while Russia can have a woke European society. It will infect them worse than the plague.

@thnd-uo4vp
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TRUMP MAKES A BIG MISTAKE....https://youtube.com/shorts/BvroqmPS0ZU?si=hgbF8cOyzgfLlifs

@GregDidiano
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Everything worth while never came easy

@Mysimple_truth
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I'm sure Australia is going to be delighted. What a lot of BS, is dominance another word for stupid? 😂

@maedhros105
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Highest oil exports ever from the United states. It goes right along with the highest prices ever americans half to pay for fuel, electricity, food, health insurance and so much more.. BUT ATLEAST THE OIL COMPANIES AND GOVERMENT OFFICIALS ARE GETTING RICHER FROM THE OIL EXPORTS. All them ships full of oil trump has confiscated, where does all that oil go? Where's all that money go?

@ItIsWhatItIs827
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LOLZ ... This guy, seriously?

@KernelDude
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Send diesel to Australia then

@timmaher7826
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Yep, Americans will never get tired of all this winning

@ORANGERAPIST
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Yay everything is great again oh wait nothing was ever great

@grottodream
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In Australia the UAE and Bahrain are direct suppliers of refined products, particularly diesel, according to the “NRMA”. Most of Australia's fuel comes via Singapore and South Korea, which import over 66% and 50% of their crude from Middle Eastern countries like Saudi Arabia, Iraq, and Qatar which is via the Mediterranean or Red Seas not via the Strait of Hormuz.

@CatsJP
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Wonder what happened to NZ, prices been trending down not to pre war but still came down. Keep bombing those Islamic terrorists i say.

@FreddyFalcon-j3i
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Australia has entered the chat😂

@randomstuff797
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If the Strait isn't open, gas prices in the US WILL be going up regardless of them being the number 1 exporter.

@idkwhat123
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Thousands dead for American profits.

@outback109
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...hilarious...how much you american's paying for gas...send taco a thank you.

@ianlister245
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Listen..... %80 of America's Natural Gas and Oil comes from Canada ,, Alberta pumps 4 million barrels a day . The Pipeline is just easier then Rail

@mikeokeefe2014
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They're all wiping their dirty asses! As we get the E15 gas it takes out boulders here in America! They're full of pedophiles money longer inside traders and fraudsters clear across the country! They're showing their f**** true colors! They're pathetic nothing but a criminal organization they dropped their pants a long time ago and s*** on the Constitution!

@Brian1961-ep4bq
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Channel 7, 9 and the ABC are all saying fuel in Australia is about to go up again and will remain that way for the next few months 😮

@anto11b
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This guy is all hopes and dreams. "Perfect World" Scenario

@stingray427man
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Arabs now turning to China and Russia after America stabbed them in the back UAE are traitors to the Arab world and should be ignored, Americans are paying 50% higher prices for fuel and their first airline just Collapsed this guy is a fool

@Gann2.0
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great news for big oil not for the people of America.

@chirocket4791
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Such short sightedness coming from those who cant think past themselves. Didn't hear any of those same people complaining when obiden was in office and things skyrocketed for no good reason.

@jimathebold
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Yes, I love how all this dominance equates to me paying $5 per gallon. All this dominating is so awesome.

@Hard31337
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“It’s Great news for America” 😂😂 true delusion. It’s great for some American big oil companies and their shareholders. It’s terrible for Americans at the fuel pump and grocery store.

@DDV7972-k9m
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Delusional. It was $70.75 USD on 26th February and today its $108.17 USD. USA is screwing us Australians and everyone over at the pump.

@AmiteahEldenRing
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This guy is an idiot

@the.magnus
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In stealing oil? Sure they dominates.

@Igor-sf1vb
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I love it when a plan comes together -- especially a long and well thought-out one as elucidated in 2025 by the DSS/DNS strategies. I've been saying this for a while: NATO's done. It got a dead-cat bounce when Putin invaded Ukraine again, but it's done -- along with the failed post-WWII Euro-centrist 'rules-based' order. Spain is full-on Marxist, Turkey is Islamist, France is France and the UK is impotent. Germany's not even that important, as they themselves have strangled their industries and the power infrastructure to run it, and this new fuel crisis will cripple them badly. The new landscape will be a strong alliance of the Gulf States, Israel, the USA and, hopefully, a free Iran that will be a fortress against axis of China, Russia, DPRK, the authoritarian EU and the global Islamists. There's also a major airbase expansion going on in Somaliland, right on the horn of Africa, with which Israel recently recognized and has established diplomatic and economic ties. Many in the Baltics and Eastern Europe have shown they're capable, reliable allies already, and a 'mini-NATO' may soon emerge as the USA shifts its NATO assets in that direction. In the Western hemisphere, Trump has organized a new multilateral security organization called The Shield of the Americas, and the Donroe Doctrine concept of 'Greater North America' has been clearly expressed. Right now the Shield is focused on drug cartels and bad regional actors, but once the security infrastructure is solidified, economic ones will be incorporated. This is 'Amerca First' -- bold leadership of the free world.

@stevesmodelbuilds5473