OPEC will find it difficult to increase oil prices in the near-term as each member is better off cheating on its oil production quotas regardless of what the rest of the cartel does.
Energy policy has become a vital issue in the 2008 presidential campaign, with each candidate offering their own prescriptions. But here's why one candidate is stronger than the other.
The United States should expand its domestic oil production, but not for the commonly held reasons.
For 30 years, France has decided to chart a national energy policy centered on nuclear power. Today, this course has presented Paris with both significant costs and benefits.
Instead of lamenting record-high prices at the pump, the United States should impose taxes to keep them at such levels in hopes of breaking its reliance on gasoline and diesel.