Water Loading Facility

Fresh Water Station

Let’s Make OPEC Irrelevant, Not Just Laughable

Nearly 40 years ago, OPEC nations met and brought America to her knees overnight. Long gasoline lines. Gasoline prices skyrocketed. Crippling economic conditions. Nearly two generations have passed since then. That translates to 185 million Americans – more than half of all Americans – who have never experienced that hardship or challenge. But those of us who did will never forget it.

My, how times have changed. OPEC nations – and a few others – gathered in Doha, Qatar the other day to address the slide in oil prices that threaten their economic viability and their national security. Powerful gathering? Hardly. Laughable is more like it.

Read full article