Well—no. I’ll give OPEC this much: they’re right that oil remains the backbone of the global economy, and any fantasy of a post-oil world is just that—a fantasy. But here’s what they miss entirely: we’re not just heading into a recession, we’re sliding into structural rot, and Europe is ground zero. It’s not just stagnation—it’s the full Japanese disease: no growth, aging demographics, bloated welfare states, and a zombified workforce beaten into passivity by ideological overreach. And let’s not forget the crumbling infrastructure—held together by duct tape and hope, with repair bills no one can afford. You want demand, OPEC? Weak, decaying economies don’t guzzle oil—they limp along on fumes.
