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A comment on The World Is Still Producing More Oil Than It Needs. Parent comment

Re:The World Is Still Producing More Oil Than It Needs by shkkmo on Saturday May 02, 2020 @12:27PM (#23052755)
I think perhaps you meant oligopoly, not oligarchy. The former refers to markets that are controlled by a small group of producers while the later refers to governments controlled by a small group of elites.
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Re:The World Is Still Producing More Oil Than It Needs by shkkmo on Sunday May 03, 2020 @08:51AM (#23058670)
Or perhaps "oiligarchy" which is apparently pun slang term used by some groups
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