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Organization of Petroleum Exporting Countries (OPEC)

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  • Backgrounder posted March 2, 2011 by Nicolas Loris, John L. Ligon What To Do About High Oil Prices

    Abstract: Rising oil and gas prices are a concern to consumers, Congress, and the Obama Administration. The impact of higher oil prices goes far beyond the gas pump and affects the U.S. economy, as a new Heritage Foundation analysis shows. In addition to unrest in oil-producing countries and increased demand around the world, U.S. policies are contributing to higher fuel…

  • Backgrounder posted August 20, 2015 by Nicolas Loris Why Congress Should Pull the Plug on the Strategic Petroleum Reserve

    After the Arab oil embargo and the creation of the Organization of Petroleum Exporting Countries (OPEC) in the 1970s, the United States and countries around the world felt a need to hold more oil inventories for emergencies. The U.S. joined the International Energy Agency (IEA) in November 1974 to coordinate a multi-lateral response to oil supply shocks. As part of that…

Find more work on Organization of Petroleum Exporting Countries (OPEC)
  • Backgrounder posted August 20, 2015 by Nicolas Loris Why Congress Should Pull the Plug on the Strategic Petroleum Reserve

    After the Arab oil embargo and the creation of the Organization of Petroleum Exporting Countries (OPEC) in the 1970s, the United States and countries around the world felt a need to hold more oil inventories for emergencies. The U.S. joined the International Energy Agency (IEA) in November 1974 to coordinate a multi-lateral response to oil supply shocks. As part of that…

  • Backgrounder posted March 2, 2011 by Nicolas Loris, John L. Ligon What To Do About High Oil Prices

    Abstract: Rising oil and gas prices are a concern to consumers, Congress, and the Obama Administration. The impact of higher oil prices goes far beyond the gas pump and affects the U.S. economy, as a new Heritage Foundation analysis shows. In addition to unrest in oil-producing countries and increased demand around the world, U.S. policies are contributing to higher fuel…

Find more work on Organization of Petroleum Exporting Countries (OPEC)
Find more work on Organization of Petroleum Exporting Countries (OPEC)