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The Radical Plans To Counter High Oil Prices — Alex Kimani

Summary:
President Joe Biden is now vowing to “consult with Congress” on ways to “reduce OPEC’s control over energy prices,”.A change in U.S. anti-trust law could revoke immunity that has protected OPEC members against lawsuits.The EU idea of forming a buyers cartel to counter high oil prices is getting more support.Forgetting to remember Smoot-Hawley?Oil PriceThe Radical Plans To Counter High Oil PricesAlex Kimani

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  • President Joe Biden is now vowing to “consult with Congress” on ways to “reduce OPEC’s control over energy prices,”.
  • A change in U.S. anti-trust law could revoke immunity that has protected OPEC members against lawsuits.
  • The EU idea of forming a buyers cartel to counter high oil prices is getting more support.
Forgetting to remember Smoot-Hawley?

Oil Price
The Radical Plans To Counter High Oil Prices

Alex Kimani
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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