Originally Posted by
ERflyer
Not to mock, but I might add the OPEC likes high prices. OPEC’s mission statement: "coordinate and unify the petroleum policies of its member countries and ensure the stabilization of oil markets, in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry."
i.e. keep prices high
Surely we don’t have to debate this?
It's actually the opposite of what you say. OPEC has been trying to devastate the US oil industry.