The Limits of OPEC?

Thursday, December 13, 2012

In a video on the Wall Street Journal, Liam Denning explains the tightrope OPEC needs to walk to keep controlling oil prices without encouraging the development of any competitive fuels. Watch the five minute video here:

Oil Prices Potential Correction in 2013

Let's hope enough of us have had our fill of OPEC bleeding our economy of its wealth, so that regardless of what they do, we can let free market forces work to lower our fuel prices, rather than continue letting a virtual monopoly work to raise our fuel prices.

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