But paradoxically the Arab noose on oil consumers is tighter than ever.
That will affect all the world's oil consumers.
Big oil consumers, especially airlines, took their worst hits since 2001.
Thriving economies such as China and India are quickly becoming large oil consumers.
He ended his little speech by saying: 'I'm afraid all the world's oil consumers are in this together.
As companies in rich countries have cut back their reliance on oil, the dominant oil consumer is now the motorist.
A 10-cent-a-gallon tax spread over all oil consumers would raise the same revenue as a 25-cent gasoline tax on drivers.
China is the world's second-biggest oil consumer after the US.
And the more oil consumers want, the more expensive it will become.
The EU should hold a world summit of oil consumer and producer countries.