The Officials with Jorge Montepeque: OPEC Dumpster Fire | S1 E 16

In this episode of The Officials, Jorge, Ed, Harinder and Dr. Wu explore the latest trends in global energy dynamics and political shifts, and deep dive into the rapidly changing landscape in China - where electric vehicles (EVs) are taking over, significantly impacting gasoline and diesel demand. They discuss startling stats, the shift to EVs in major Chinese cities, the competitive tech race, and the broader economic implications - including substantial reductions in daily transportation costs. 

The Officials also tackle the dilemma OPEC faces, balancing production cuts amid declining Chinese demand and potential price impacts.

The discussion moves to the geopolitical sphere, dissecting President-elect Trump's cabinet nominations and their implications. They discuss trade tariffs that could disrupt European economies and drive deglobalisation and analyse how these political manoeuvres might influence global oil prices and the economic strategies shaping the energy markets.

The Officials also explore what a strengthened dollar means for investors, speculate on Musk's influence, and examine how upcoming policies could affect both the U.S. economy and international relations.