OPEC Needs Low Oil Prices Because it Keeps Alternative Energy Down

Low Enough to Keep Competition Away The Atlantic has a good piece about OPEC, everybody’s least-favorite cartel. It shows pretty clearly why OPEC is probably the most effective enemy of renewable energy. The way they do it is by going against their short-term interests and keeping oil prices relatively low (at least low compared to the kind of prices they could create if they choked off supply more) to assure their long-term market-share and keep alternatives to oil down…. Read the full story on TreeHugger

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OPEC Needs Low Oil Prices Because it Keeps Alternative Energy Down

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