OPEC’s current president, Qatar’s energy minister Mohammed bin Saleh Al Sada, announced Monday that the oil cartel will hold “informal” side meetings at the International Energy Forum in Algeria in late September. Not surprisingly, the topic will once again be “cooperation” among the disparate and increasingly desperate members to restrict production in efforts to force oil prices higher.

 

 

 

 

Since the crude oil export ban was lifted last December, exports increased seven times previous levels in the first three months of 2016: a lesson in free markets.

An Obama-appointed federal judge has ruled that the Bureau of Land Management overreached its authority when it issued rules on fracking.

Some fear nuclear Armageddon should terrorists strike a nuclear power plant. But radiation phobias are wreaking far greater havoc than any terrorist could possibly dream.

Rejoicing by OPEC that its strategy of low prices would force U.S. producers out of the market now appears to be premature.

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