Senator Herb Kohl wrote:"Without this legislation, we are powerless to stop Opec from engaging in blatantly anti-competitive practices like collusion and price-fixing that leaves us at their mercy. If private companies engaged in such an international price-fixing conspiracy, it would be illegal. Nopec will give our government a crucial tool to combat the illegal actions of the Opec cartel."
From which state does this boob hail?
The intentional lie being wrapped up in this vitriolic language is that . . .
(sovereign control of resources)=(price fixing)
I shudder when I think of how the DSEs are going to start lining up behind this frighteningly poorly thought-out language.
It's now a race . . .
As a world, we are either going to . . .
1. Publicly acknowledge Peak Oil . . .
2. Or we are going to have a world war over imaginary production capacity.
Take your pick.