OPEC CENTRAL HEADQUARTERS VIENNA AUSTRIA AND DIRECTOR GENERAL BAHRAIN : DIVINE PLAN SEVERE PENALTY

3/5/2-23

DIVINE PLAN IMPLEMENTATION SEVERE SANCTIONS, STATUTORY PENALTY

Divine Plan Implementation Ordinance imposes statutory Penalty within the period of 900-900000 million years penalty underneath $9.9 trillion dollars pereptual penalty in multiple times fines; statutory penalty within period of years 900-9000 years penalty underneath $9.9 trillion dollarts in perpetual penalty in multiple times fines; statutory penalty within 900-900000 years penalty underneath $9.9 trillion dollars in perpetual penalty in multiple times fines; statutory penalty within years period of 900-9000000years penalty underneath $9.9 trillion dollars in perpetual penalty in multiple times fines ; statutoty penalty within the period of 900-9000 years penalty under $9.9 trillion dollars in perpetual penaly in multiple times fine; statutory penalty within the years period of 900-9000 underneath $9.9 trillion dollars in perpetual penaly inmultiple times fines shall take effec March 5, 2023 at 4:03 pm. Statutory penalties within years period of penalty 900-9000000 years underneath $9.9 trillion dollars in perpetual penalty in multiple times' statutory penalty within the period of 900-9000000 million years penalty underneath $9.9 trillion dollars in perpetual penalty in multiple times fines; statutory penalty within the period of 900-9000000 years penalty undeneath $9.9 trillion dollars in perpetual penalty in multiple times fines ; statutory penalty within years period of 900-9000000 million years of penalty underneath $9.9 trillion dollars in perpetual penalty and multile times fines, statutory penalty within 900-9000000 years period of penalty undenreath $9.9 trillion dollars in perpetual penalty in multiple times fines; statutory penalty within years period of penalty 900-9000000 million years period of penalty underneath $9.9 trillion dollars perpetual penalty in multiple times fines; statutory penalty within years period of penalty 900-9000000 million years time underneath $9.9 trillion dollars in perpetual penalty in multiple times fines; statutory penalty within years period of time 900-9000000 million years period of times underneath $9.9 trillion dollars in pereptual penalty in multiple times fines statutory penalty within years period of time 900-9000000 million years time pepriod of penalty underneath $9.9 trillion dollars in perpetual penalty in multiples times fines ; statutoty penalty within years period of time 900-9000000 million years time of penalty undereneath $9.9 trillion dollars in perpetual penalty in multiple times fines; statutory penalty within years period of time 900-9000000 million years period of time penalty underenath $9.9 trillion dollars pereptual penalty in multiple times fines and shall take effect March 5, 2023 at 4:03 pm . All penalties are underneath the Almighty God and Blessed Jesus christ guidance. Penalties to violations and abuses against offenses committed against the Divine Plan Implementation Laws/ Ordinances. Each individual with names mentioned, establishments, political parties, nations underneath severe drastic sanctions and severe penalty within years period mentioned above underneath $9.9 trillion dollars in perpetual penalty in multiple times fines. The following are Under Severe Drastic Sanctions with in 900-9000000 million years period of penalty underneath $9.9 trillion dollars in perpetual penalty in multiple times fines shall take effect March 5, 2023 at 4:03 pm. All penalties are under the guidance of the Blessed God Almighty and Savior Jesus Christ. The names of individual mentioned, establishments and countries who hold responsible for breach of the divine plan implementation Law, Ordinance, & Decrees: The Divine Plan Implementation imposes severe drastic sanctions within years period of time 900-9000000 million years period of time penlty underneath $9.9 trillion dollars in perpetual penalty in multiple times fines; statutory penalty and severe drastic sanctions within years period of penalty 900-9000000 million years time period underneath $9.9 trillion dollars in perpetual penalty in multiple times fines shall take effect March 5, 2023 aT 4:03 pm; The following underneath severe drastic sanctions and statutory penalty within years period of time 900-9000000 million years penalty underneath $9.9 trillion dollars in perpetual penalty in multiple times fines: the following names of persons, political parties, groups of demcoratic party supporters & establishments with alliance towards the Democratic Party united States of America: : The Organization of Petroleum Exporting Countries are under severe drastic sanctions within years period of time penalty 900-9000000 period of time and Penalty underneath $9.9 trillion dollars perpetual penalty in multiple times fines shall take effect today March 5,2023 at4:03 pm: The following underneath severe drastic sanctions within period of time of 900 - 9000000 million years period of penalty underneath $9,9 trillion dollars in perpetual penalty in multiple times fines the following:

OPEC - Organization of the Petroleum Exporting Countries (OPEC)

OPEC and OPEC+ membersHeadquartersVienna, AustriaOfficial languageEnglishTypeCartel[1]Membership

• StatuteSeptember 1960 (62 years ago)

• In effectJanuary 1961 (62 years ago)CurrencyIndexed as USD per barrel (USD$/bbl)

Website
opec.org

The Organization of the Petroleum Exporting Countries (OPEC, /ˈoʊpɛk/ OH-pek) is a cartel of 13 countries. Founded on 14 September 1960 in Baghdad by the first five members (Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela), it has, since 1965, been headquartered in Vienna, Austria, although Austria is not an OPEC member state. As of September 2018, the 13 member countries accounted for an estimated 44 percent of global oil production and 81.5 percent of the world's proven oil reserves, giving OPEC a major influence on global oil prices that were previously determined by the so-called "Seven Sisters" grouping of multinational oil companies.

The formation of OPEC marked a turning point toward national sovereignty over natural resources, and OPEC decisions have come to play a prominent role in the global oil market and international relations. The effect can be particularly strong when wars or civil disorders lead to extended interruptions in supply. In the 1970s, restrictions in oil production led to a dramatic rise in oil prices and in the revenue and wealth of OPEC, with long-lasting and far-reaching consequences for the global economy. In the 1980s, OPEC began setting production targets for its member nations; generally, when the targets are reduced, oil prices increase. This has occurred most recently from the organization's 2008 and 2016 decisions to trim oversupply.

Economists have characterized OPEC as a textbook example of a cartel that cooperates to reduce market competition, but one whose consultations are protected by the doctrine of state immunity under international law. In the 1960s and 1970s, OPEC successfully restructured the global oil production system so that decision-making authority and the vast majority of profits is in the hands of oil-producing countries. Since the 1980s, OPEC has had a limited impact on world oil supply and price stability, as there is frequent cheating by members on their commitments to one another, and as member commitments reflect what they would do even in the absence of OPEC.[2]

Current OPEC members are Algeria, Angola, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, the Republic of the Congo, Saudi Arabia, the United Arab Emirates and Venezuela. Meanwhile, Ecuador, Indonesia and Qatar are former OPEC members.[3] A larger group called OPEC+ was formed in late 2016 to have more control on the global crude oil market.[4]

Organization and structure

In a series of steps in the 1960s and 1970s, OPEC restructured the global system of oil production in favor of oil-producing states and away from an oligopoly of dominant Anglo-American oil firms (the Seven Sisters).[5] Coordination among oil-producing states within OPEC made it easier for them to nationalize oil production and structure oil prices in their favor without incurring punishment by Western governments and firms.[5] Prior to the creation of OPEC, individual oil-producing states were punished for taking steps to alter the governing arrangements of oil production within their borders.[5] States were coerced militarily (e.g. in 1953, the US-UK-sponsored a coup against Mohammad Mosaddegh after he nationalized Iran's oil production) or economically (e.g. the Seven Sisters slowed down oil production in one non-compliant state and ramped up oil production elsewhere) when acted contrary to the interests of the Seven Sisters and their governments.[5]

The organizational logic that underpins OPEC is that it is in the collective interest of its members to limit the world oil supply in order to reap higher prices.[2] However, the main problem within OPEC is that it is individually rational for members to cheat on commitments and produce as much oil as possible.[2]

Political scientist Jeff Colgan has argued that OPEC has since the 1980s largely failed to achieve its goals (limits on world oil supply, stabilized prices, and raising of long-term average revenues).[2] He finds that members have cheated on 96% of their commitments.[2] To the extent that member states comply with their commitments, it is because the commitments reflect what they would do even if OPEC did not exist. One large reason for the frequent cheating is that OPEC does not punish members for non-compliance with commitments.[2]

Leadership and decision-making

OPEC Conference delegates at Swissotel, Quito, Ecuador, December 2010.

International cartel

At various times, OPEC members have displayed apparent anti-competitive cartel behavior through the organization's agreements about oil production and price levels.[8] Economists often cite OPEC as a textbook example of a cartel that cooperates to reduce market competition, as in this definition from OECD's Glossary of Industrial Organisation Economics and Competition Law:[1]

International commodity agreements covering products such as coffee, sugar, tin and more recently oil (OPEC: Organization of Petroleum Exporting Countries) are examples of international cartels which have publicly entailed agreements between different national governments.

OPEC members strongly prefer to describe their organization as a modest force for market stabilization, rather than a powerful anti-competitive cartel. In its defense, the organization was founded as a counterweight against the previous "Seven Sisters" cartel of multinational oil companies, and non-OPEC energy suppliers have maintained enough market share for a substantial degree of worldwide competition.[9] Moreover, because of an economic "prisoner's dilemma" that encourages each member nation individually to discount its price and exceed its production quota,[10] widespread cheating within OPEC often erodes its ability to influence global oil prices through collective action.[11][12] Political scientist Jeff Colgan has challenged that OPEC is a cartel, pointing to endemic cheating in the organization: "A cartel needs to set tough goals and meet them; OPEC sets easy goals and fails to meet even those.

OPEC has not been involved in any disputes related to the competition rules of the World Trade Organization, even though the objectives, actions, and principles of the two organizations diverge considerably.[13] A key US District Court decision held that OPEC consultations are protected as "governmental" acts of state by the Foreign Sovereign Immunities Act, and are therefore beyond the legal reach of US competition law governing "commercial" acts.[14] Despite popular sentiment against OPEC, legislative proposals to limit the organization's sovereign immunity, such as the NOPEC Act, have so far been unsuccessful.

ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES AND EACH INDIVIDUAL COUNTRIES OIL PRODUCING NATIONS AT THE OIL REGION MIDDLE EAST UNDERNEATH SEVERE DRASTIC SANCTIONS WITHIN YEARS PERIOD OF TIME FROM 900-9000000 MILLION YEARS PERIOD OF PENALTY UNDERNEATH $9.9 TRILLION DOLLARS IN PERPETUAL PENALTY IN MULTIPLE TIMES FINES ALL PENALTIES SHALL TAKE EFFECT MARCH 5, 2023 AT 2;32 pm. All penalties underneath the guidance of the Divine Providence Author the Almighty God and Blessed Jesus Christ. All Penalties docketed under the Divine Plan Articles of Declaration. Revise Divine Plan Implementation January 10, 2023;