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Commodities Briefing - Categorized | Market Pulse, Oil more

How to beat OPEC

Posted on 08 March 2013

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 miles per gallon; why dependence on increasingly expensive oil is a dire threat; and what we can do to restore the health of our national and economic security……………………………………….Full Article: Source

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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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