America's free market in energy is permanently eclipsing the OPEC cartel — this time through fracking old wells.
While promising to save both the environment and humanity, the push for electric cars does neither. Not only does the electric car market survive by manipulation of the free market, it is built on the backs of child slave laborers.
Even as it predicts higher oil prices, OPEC is fighting a battle it cannot win, as U.S. producers continue to threaten the cartel's very existence.
Energy expert Ed Yardeni is suggesting OPEC go back to flooding the world with oil because trying to deprive the world of oil isn't boosting crude prices.
OPEC is, at bottom, putting itself slowly out of business by reducing oil production in the hopes of raising oil prices. It's a beautiful thing to watch.