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OPEC Membership

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Why are the US and Canada not mebers of OPEC?

Oil
Membership
Canada
unites states
Ali Qudrat
12 months ago

3 answers

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The other members prefer to not invite them? The USA and Canada would rock the boat too much and potentially destabilise a powerful money-making machine.

David Cottrell
12 months ago
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This appears as a odd things as many others are. They are big producers of oil but perhapes those in OPEC don't want their influence.

Bo Chen
12 months ago
Bo Chen, regardless of theri membership, the US has all the influence in OPEC's major decisions, not? - Hassan 11 months ago
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Maybe soon they will the members too., just a thought. On the other hand, the geopolitical influence that the US already have is enough. I am not sure if the US really wanted to join OPEC, there would be any significant resistance from existing members.

Hassan Qudrat-Ullah
11 months ago
Hassan Qudrat-Ullah, I still believe that formal membership in the club will make a differenc. Perhapes we will see less volatility in oil prices. - Ali 11 months ago

Have some input?