Hillary Threatens OPEC
She’s talking pretty big about going after big oil…but can she really do anything about OPEC?
“Weâ€™re going to go right at OPEC,” she said. “They can no longer be a cartel, a monopoly that get together once every couple of months in some conference room in some plush place in the world, they decide how much oil theyâ€™re going to produce and what price theyâ€™re going to put it at,” she told a crowd at a firehouse in Merrillville, IN.
“Thatâ€™s not a market. Thatâ€™s a monopoly,” she said, saying she’d use anti-trust law and the World Trade Organization to take on OPEC.
Still, it’s not clear if either of these bills really have any teeth. Sure, they’re nice gestures, but can they hold sway over the Middle East oil muscle?