In response to:

How to Beat OPEC

Mick135 Wrote: Mar 08, 2013 5:48 PM
OPEC..... as I recall, that is the Organizition of Petroleum Exporting Countries, not to be confused with the rest of us.... the Organization of Fuel Using Countries. Catalogued under "Memories of the '70's"

If you suffer a heart attack but your doctor thinks you've got a nasty case of indigestion, the medicine he prescribes probably won’t cure you. The same applies to policy-making and legislating: Misunderstand the problem, and you’re likely to come up with a useless — or damaging — response.

Anne Korin and Gal Luft, co-directors of the Institute for the Analysis of Global Security (IAGS), have long argued that liberals, conservatives, and libertarians have all misdiagnosed why the West has become dependent on oil; why the price of oil keeps rising no matter how much we drill, conserve, and boost...